Local 73 Agreement

ARTICLE XVIII    RETIREMENT INCOME PLAN

Effective January 1, 1997, the University’s contribution to the Defined Contribution portion of ERIP increased from 1% to 2%. Employees are eligible to participate in the Retirement Income Plan at age twenty-five (25) or after completion of one year of service. Mandatory enrollment will be at age twenty-five (25) and two (2) years of service, and such employees shall participate in the program to the same extent as other non-academic University employees.