Faculty and administrative/exempt staff participate in the Central Washington University Retirement Plan (CWURP), a defined contribution plan with required contribution rates based on age, immediate vesting, and 100% matching from the university.
Classified staff members participate in the Public Employees Retirement System (PERS) and campus police participate in the Law Enforcement Officers and Firefighters Retirement System (LEOFF). PERS and LEOFF are defined benefit pension plans through the Washington State Department of Retirement Systems.
Additional pre-tax retirement funds can be set aside through two optional plans: the Voluntary Investment Plan (VIP), a 403(b) savings plan with investment options through Fidelity, TIAA-CREF, and Vanguard or Deferred Compensation (DCP), a 457 savings plan available through the Washington State Department of Retirement Systems.
After consulting with Cabinet, President Gaudino has authorized a one-time payment of 3% of gross waCabinet To Review PDP Completion Rates As Of December 31, 2013
CWU supervisors are required to develop an Initial Performance and Development Plan (PDP) and assess2013 FSA Participants Have Grace Period Through March 15, 2014
Currently enrolled participants in the Flexible Spending Account (FSA) for 2013, have a grace period