Retirement Plans for Faculty and Non-Union Staff

Brown University offers eligible employees a retirement plan. Plans are designed to complement benefits provided by Social Security and personal savings in order to provide financial security during retirement. Retirement benefits may vary according to employee group, employment status, percent time, age, and date of hire.

The Brown University Retirement Plans

Note: The information presented represents a summary of the plan's eligibility requirements and benefits; in the event of a conflict between the information contained on these web pages and the applicable plan document, the plan document will apply.

Deferred Vesting Retirement Plan

This summary is for faculty and staff employees hired on or after March 1, 2001*.

*Important Note: Employees hired on or after March 1, 2001 and had prior service at Brown, please call the Benefits Office at 401-863-2141 to verify eligibility for the Deferred Vesting Retirement Plan.

Retirement Plan for Faculty & Exempt Employees

This summary is for faculty and staff on the monthly payroll with dates of hire before March 1, 2001.

Retirement Plan for Non-Exempt Employees

This summary is for staff on the semi-monthly payroll with dates of hire before March 1, 2001.

The Brown University Retirement Plan Carriers

Eligible employees may choose to direct voluntary and, if applicable, University contributions to one or both of the carriers listed below.

Financial Tuesdays

Employees may attend confidential consultations on campus with Fidelity and TIAA-Cref.  Click here to view the Financial Tuesdays schedule and information on how to make an appointment.

Employees may also visit Fidelity and TIAA-Cref local offices at the addresses listed below.

Fidelity
GTech Center
10 Memorial Blvd., Suite 102
Providence, RI 02903
*Monday-Friday 8:30 AM-5:00 PM

TIAA-Cref
15 Park Row West, Suite 102
Providence, RI 02903
*Schedule a visit by calling 1-800-897-1026

Upcoming Workshops

Social Security and Retirement Planning
Social Security's retirement program has been a part of life for nearly 80 years. Baby Boomers are realizing that social security will play a bigger part in their retirement than they had thought. Join Kurt Czarnowski, the Social Security Administration's former regional communications director, to learn when you can start collecting benefits and the strategies to maximize those benefits.
Date:
Thursday, September 3
Time:
12-1 p.m.
Location:
85 Waterman Street, Room 130
Register

Preserving Your Savings for Future Generations
You've worked hard to build your personal estate. Now you need a plan to help ensure that the distribution of your assets can be carried out as you envisioned.  Led by Fidelity Investments, you will learn about key estate planning strategies, wills and trusts, and the importance of beneficiary designations.
Date: Thursday, September 10
Time: 12-1 p.m.
Location: Smith-Buonanno, Room 201
Register

Finding Your Medicare Match
Are you or a family member turning 65 and curious about enrolling in Medicare? Join Johnny Luo, M.D. and Jeremiah Holland, Esq. from Doctor's Choice for a presentation to guide you through the enrollment process, show you how to choose the best plan that fits your budget, and answer any questions you may have.
Date:
Thursday, September 17
Time: 12-1 p.m.
Location: Stephen Robert Center, Petteruti Lounge
Register

Transition and Change: Preparing for Retirement in the 21st Century
While financial planning is critical, all too often people fail to focus on key psychological and social factors that will impact how successful their retirement is. Join LifeScope Trainer Rita Ghilani to explore the different facets of retirement and gain practical tips to prepare for and navigate the changing face of retirement.
Date:
Thursday, September 24
Time:
12-1 p.m.
Location:
Salomon 001
Register

Contact Us

For questions about the information contained in any of the summaries, please contact the Benefits Office by phone at 401-863-2141 or via email at Benefits_Office@Brown.EDU.