Retirement Plans

Upon request by the visiting faculty member and verification by the home institution that it is not making contributions to its retirement plan based on the visiting faculty member's earnings from Princeton University, the University will make contributions to the Princeton University Retirement Plan through TIAA on the individual's behalf. Contributions are made at the same rate as contributions for regular members of the faculty. The request for contributions must be made by the visiting faculty member within the term of appointment at Princeton. Visiting faculty must also meet the two and a half years of service vesting requirement, but they can count service at their most recent employer toward that requirement under certain circumstances. To read more about the Princeton University Retirement Plan, please go to: https://hr.princeton.edu/thrive/well-being-resources/princeton-university-retirement-plan-purp .  

In addition, the University offers the Princeton University Retirement Savings Plan in which Visiting faculty members are automatically enrolled at a 5% pre-tax contribution. You have the option to go online, at any time during the year, to change your election or waive out of the Plan. To read more about the Princeton University Retirement Savings Plan, please go to: https://hr.princeton.edu/thrive/well-being-resources/retirement-savings-plan.