Retirement Plan Administration

A Multi-Faceted Retirement Program

As an employee of NSHE, you are fortunate to be a participant in a multi-faceted Retirement Program that gives you every chance to accumulate significant retirement wealth over time that can be the source of funds for a high quality of life after your retirement.

Unsolicited Contacts

Unsolicited contact from financial advisors may appear legitimate even if they are not approved retirement plan providers. NV PERS, TIAA and VOYA are the only approved retirement providers for all Institutions within the Nevada System of Higher Education. If you receive an email address offering a retirement checkup and it does not appear to come from one of the above organizations, please report it as suspicious through your campus IT professionals. The most recent example of this phishing is from “xxxx@publicemployee-information.com” , “xxxx@mail.stateretirement.org”, “xxxx@sterlingnational.org”, “xxxx@statepension.org”, and “FERS Plan no-reply@vcita.com” who appear to be trying to look like they are NV PERS.

If you are uncertain about an email you receive, please reach out to your HR Department or NSHE Retirement Plan Administration, before you share any personal information or set up an appointment.

Defined Contribution Retirement Plan Alternative (RPA)

Medical Resident/Postdoctoral Scholar Retirement Plan

Supplemental 403(b) Plan

Excess Benefit Plan

Public Employee’s Retirement System (PERS)

Deferred Compensation Program (NDC)

Guide to plan eligibility

Depending upon your employee classification and your personal financial circumstances, you may participate in more than one of these plans. Please refer to the following guide to plan eligibility.

Employee Classification	Mandatory Eligibility	Voluntary Eligibility	Automatic Conditional Eligibility*
Faculty	Retirement Plan Alternative	Supplemental 403(b) Plan/Nevada Deferred Compensation Program	Excess Benefit Plan*
Professional Staff	Retirement Plan Alternative	Supplemental 403(b) Plan/Nevada Deferred Compensation Program	Excess Benefit Plan*
Classified	Public Employees’ Retirement System	Supplemental 403(b) Plan/Nevada Deferred Compensation Program
Medical Resident	Medical Resident/ Postdoctoral Scholar Plan	Supplemental 403(b) Plan/Nevada Deferred Compensation Program
Postdoctoral Scholar	Medical Resident/ Postdoctoral Scholar Plan	Supplemental 403(b) Plan/Nevada Deferred Compensation Program

*Participation in this plan occurs only after participants have received the maximum allowable benefit under the RPA.

NSHE Retirement Program

Enrolling in the Program

Faculty and professional staff are required to participate in the RPA as a condition of employment with NSHE from the date of appointment. Medical residents and postdoctoral scholars are likewise required to participate in the Medical Resident/Postdoctoral Scholar Plan as a condition of employment with NSHE from the date of appointment.

Participation in the Supplemental 403(b) is voluntary, supplementary to participation in the mandatory plan, and cannot replace participation in the mandatory plan. You can begin, resume, change, or discontinue your contributions to the Supplemental 403(b) by accessing the Workday system.

Participation in the Excess Benefit Plan is limited to those individuals who are not able to fully participate in the mandatory plan due to IRS imposed benefit restrictions.

Managing your money and keeping track of your account is the function of the record keeper chosen by NSHE for these purposes, TIAA. TIAA hosts the NSHE investment line-up and provides the online portal participants use to enroll in the plan, view account balances, manage contributions, select investments and take action. TIAA will issue your quarterly statement, manage the beneficiaries on your retirement account and provide you with personalized retirement plan advice.

You can obtain the necessary enrollment materials from your campus benefits office. To learn more about our plans and how to enroll, visit the TIAA micro site.

Please note, prior to December 31, 2013 NSHE contracted with Fidelity, TIAA and VALIC for retirement plan record keeping. Participants enrolled any of the NSHE retirement plans prior to that date may have retirement assets at any of these companies.

Investments

NSHE provides participants with a three-tiered investment line-up that provides investment options for everyone, from the less engaged investor to the investor who prefers to more actively manage their retirement savings. The tiered structure provides a simplified investment selection process, allowing you to make your decision based on your investment expertise and comfort level.

As part of the ongoing monitoring process, the Retirement Plan Advisory Committee conducts comprehensive quarterly reviews of the investment funds available in the Retirement Program. Detailed information about Retirement Program investment offerings, including detailed investment performance results are available on our Investments page

Retirement Plan Advisory Committee

The Retirement Plan Advisory Committee is tasked with advising the Chancellor’s delegated authority on matters related to plan policy and administration. Information about the Committee, including membership, meeting schedule and past meeting minutes are available on our Retirement Plan Advisory Committee page.