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Supplemental Retirement Plan (Faculty Handbook)

VII. FACULTY AND ACADEMIC STAFF RETIREMENT AND BENEFIT PROGRAMS (Cont.)

RETIREMENT PLANS (Cont.)¹

SUPPLEMENTAL RETIREMENT PLAN

Faculty/academic staff members appointed at 50% time or more for a period of at least nine (9) months may make additional tax-deferred contributions to the supplemental retirement plan subject to IRS limitations.  Participation in the supplemental retirement plan is never required, and no matching contribution is made by MSU.

¹For benefit purposes only, half-time is defined as 50.0-64.9 percent time; three-quarter time is defined as 65.0-89.9 percent time; full-time is 90.0-100.0 percent time.

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