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Enrolling in CRP

Enrollment Forms

Eligible employees must complete the University’s CRP enrollment application. On that form, you designate the percentage of your contributions and the University’s contributions you want to allocate to each of the two available investment companies: Teachers Insurance and Annuity Association/College Retirement Equities Fund (“TIAA-CREF”) and the Vanguard Group, Inc. (“Vanguard”). Then, you must complete the investment company’s enrollment form to:

Choose among the various funds offered by the investment company.

Designate your beneficiaries.

If you do not complete the enrollment forms, your contributions and the University’s contributions will be invested in the money market fund under a group contract with TIAA-CREF.

You can obtain the enrollment forms from your Department Administrator or from the Benefits Office.

If You Already Have a TIAA-CREF or Vanguard Account
If you are hired by the University after June 30, 2005, you will be required to complete a new TIAA-CREF and/or Vanguard enrollment form regardless of whether you have an existing TIAA-CREF or Vanguard account through a previous employer’s retirement plan.

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While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.



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