Human Resource Administration

80 Lower College Road, Kingston, RI 02881

urihr@ucs.uri.edu – 401.874.2416 - 401.874.5741 (fax)

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Retirement Plans

The University of Rhode Island has two types of retirement based upon your job title classification. Those employees who are non-classified, faculty or professional staff may be eligible for the BOG 403(b) while classified employees twenty (20) hours or more will be enrolled in the state hybrid pension plan.

Board of Governors (BOG) 403(b) Retirement Annuity

 2015 Elective Deferral Contribution Limit

The IRS has announced adjustments in the 403(b) and 457(b) elective deferral contribution limit for 2013. The new limit has been increased to $18,000. The catch-up contribution limit for people age 50 and over remains unchanged at $5,500.

 

If you would like to make a change to your 403(b) or 457(b) elective deferral contribution, please contact Pat Victoria at 874-2921.

 

 

Employee Retirement System of Rhode Island (ERSRI)

Eligible Classified Employees are enrolled in the hybrid ERSRI retirement  where you contribute 5% of your biweekly salary to a 401(a) and 3.75% of your biweekly salary to the state pension.

Employees in the Employee Retirement System of RI pension plan: 
Please see the Changes to Retiree Medical Subsidies Frequently Asked Questions which includes the retiree medical cost comparison chart for detailed information regarding the recent legislated changes in the state retiree health. For additional information regarding retiree health and pension information, go to www.ersri.org. Contact ERSRI six months prior to your retirement date.

 

Are you transferring from a Classified to a Non-Classified Position?
Comparison Chart for ERSRI Pension Hybrid Plan vs. 403(b) Retirement Annuity

 

Other retirement plan options

Group Supplemental Retirement Annuity (GSRA) 403(b)

Tax Deferred 457(b)

 

 

Announcements

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