Retirement Plan

The University retirement program allows eligible employees to participate on a voluntary basis after completing two years of employment at the University without a break in service. Eligible employees are required to participate on a noncontributory basis after completing five years of service. Monthly contributions are applied as premiums on regular retirement annuity contracts owned by the participant and may be allocated between the Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF) investment options. Each year of employment with an eligible institution during the period immediately preceding employment at Illinois Wesleyan University may be credited as year of service for retirement plan participation purposes.


Group Supplemental Retirement Annuity Plan

Employees are eligible upon hire to begin voluntary monthly contributions (tax-deferred or after-tax) to a supplemental retirement annuity plan with TIAA, within limits established by the Internal Revenue Service.




TIAA: IRS contribution limits for 2021 flyer

403b Retirement Plan SPD

Salary Reduction Agreement Form


TIAA Webinars:

To register, visit Recordings are available for 90 days after live date. 

  • Planning for College? Save with a 529 Plan - Sept 14 at 12 p.m. 1 p.m.(ET)
  • Inside Money: Managing income and debt - Sept 14 at 3 p.m. 4 p.m.(ET)
  • Start to Finish: The early career woman's guide to financial wisdom - Sept  15 at 12 p.m. (ET)
  • Tomorrow in Focus: Saving for your ideal retirement - Sept 15 at 3 p.m. (ET)
  • Understanding Medicare - Sept 16 at 12 p.m.  (ET)
  • Making it Easier for You: Online tools and resources - Sept 16 at 3 p.m. (ET)
  • Well - Rounded Retirement overview - Sep 16 at 4pm (ET)
  • Understanding Health Savings Accounts (HSAs) - Oct 7 at 3 p.m. (ET)
  • Looking to Turn Your Retirement Savings into a "Paycheck" for Life? - Oct 12 at 12 p.m. (ET)
  • Quarterly Economic and Market Update with TIAA’s Chief Investment Strategist - Oct 13 at 12 p.m. (ET)
  • Paying Yourself: Income options in retirement - Oct 13 1t 3 p.m. (ET)
  • Within Reach: Transitioning from career to retirement - Oct 14 at 12 p.m. (ET)
  • Be a Cyber-Hero: Help protect you, your family, and your money - Oct 14 at 3 p.m. (ET)
  • The Secure Act Revealed - Nov 9 at 12 p.m. (ET)
  • Money at Work 2: Sharpening investment skills - Nov 9 at 3 p.m. (ET)
  • Financial Housekeeping for now and later - Nov 10 at 12 p.m. (ET) 
  • Lifetime Income: Market proof Your Retirement - Nov 10 at 3 p.m. (ET)
  • Attention to Detail: Financial finishing touches for women - Nov 11 at 12 p.m. (ET)
  • Strategies for staying on track - Nov 11 at 3 p.m. (ET)
  • Planning for college? Save with a 529 plan - Dec 7 at 12 p.m. (ET)
  • Gaining Insight: Navigating debt consolidation and understanding the mortgage process - Dec 7 at 3 p.m. (ET)
  • Estate planning basics - Dec 8 at 12 p.m. (ET)
  • She’s Got It: A woman’s guide to saving and investing - Dec 8 at 3 p.m. (ET)
  • Halfway There: A retirement checkpoint - Dec 9 at 12 p.m. (ET)
  • Well-rounded retirement overview - Dec 9 at 2 p.m. (ET)
  • The power of savings - Dec 9 at 3 p.m. (ET)