The Group Supplemental Retirement Annuity (GSRA) is available to all URI employees who are eligible for benefits.
Retirement investing is long term so consider participating in a tax-deferred plan:
- A GRSA allows you to reduce your taxable income and create additional savings for retirement. This plan is available to employees with either a BOG 403(b) retirement, no retirement, or employees who participate in the Employees Retirement System of RI (ERSRI). You only need to be eligible for benefits in order to participate. A minimum contribution of 1% of your salary is required. You may also contribute up to the maximum allowed by law.
- A packet of information on GRSA from TIAA-CREF, VALIC, and MetLife is available from Pat Victoria in URI Employee Benefits by calling 874-2921