403(b) Base Retirement Program Contribution Limits
The 403(b) Base Retirement Program (BRP) is part of a non-qualified defined contribution plan. Contribution limits are:
- When eligible, you contribute 5% of your base salary.
- Effective July 1, 2020:
- for executive management, non-unionized* faculty, and non-unionized* academic staff (other than research associates and senior research associates), a university matching contribution of 5% of your eligible compensation; and
- for all other employees, a university matching contribution of 10% of your eligible compensation.
- You may not elect to contribute an amount other than 5%.
- You may be contributing to the BRP on either a voluntary or a mandatory basis.
- If you are contributing to the BRP on a voluntary basis, this can impact your 403(b) Supplemental Retirement Program (SRP) contributions. Refer to the 403(b) SRP Contribution Limits for additional information.
- Employees hired on or after 1/1/96 are subject to Section 401(a)(17) of the Internal Revenue Code. This limit prohibits employees and employers from making retirement plan contributions on the amount of annual salary in excess of the annual IRS limit.
* For these purposes, "non-unionized" means the terms of employment of the faculty member or academic staff member are no covered by a collective bargaining agreement. For those faculty and academic staff members with hybrid UNTF / non-UNTF appointments, the 5% matching contribution applies to the non-UNTF portion of their appointment, and the 10% matching contribution applies to the UNTF portion of their appointment.