IRAP/401(a) - Individual Retirement Account Plan (Click for web site)

Plan Administrator:

TIAA-CREF (Click for web site)

Plan Type:

Defined Contribution

Participation:

Mandatory (1)

Contribution Amount:

Employee = 4.5% Employer = 6.0%

MSRS - Unclassified Plan (Click for web site)

Plan Administrator:

MN State Retirement System

Plan Type:

Defined Contribution

Participation:

Mandatory (1)

Contribution Amount:

Employee = 4.0% Employer = 6.0%

Supplemental Retirement Plan 401(a) - SRP (Click for web site)

Plan Administrator:

TIAA-CREF (Click for web site)

Plan Type:

Defined Contribution

Participation:

Mandatory (2)

Contribution Amount:

Employee contribution = 5% on gross salary in excess of $6,000 but limited to maximum set by personnel plan ($2700). Employer's contribution = 100% of Employee contribution.

Deferred Compensation Plan 457 - MNDCP (Click for web site)

Plan Administrator:

MN State Retirement System

Participation:

Voluntary

Contribution Amount:

Minimum $10 up to 100% of taxable income not to exceed $16,500; $22,000 for age 50+

Eligible for Voluntary State Matching:

No

Leave Conversion:

May convert up to 5 days of vacation (1 day of vacation for each 3 days used in previous fiscal year) once per fiscal year to either Deferred Compensation or Tax Sheltered Annuity. (3)

Tax Sheltered Annuity 403(b) - (TSA) (Click for web site)

Plan Administrator:

TIAA-CREF (click for web site)

Participation:

Voluntary

Contribution Amount:

Up to 100% of taxable income not to exceed $16,500; $22,000 for age 50+

Eligible for Voluntary State Matching:

No

Leave Conversion:

May convert up to 5 days of vacation (1 day of vacation for each 3 days used in previous fiscal year) once per fiscal year to either Deferred Compensation or Tax Sheltered Annuity. (3)