Support Staff Policies & Procedures

457(b) Deferred Compensation Plan Policy & Procedure

(Revised 09/16)

Policy Statement

The University provides a voluntary 457(b) Deferred Compensation Plan for eligible employees.

Eligibility: Regular full-time (90-100%) and part-time (50-89.9%) faculty, academic staff, executive management, and University support staff in a benefits eligible position.  Benefits eligible positions for faculty, academic staff and executive management are defined as 50% or greater employment for a continuous period of 9 months or longer.  Benefits eligible positions for support staff are defined as regular full-time (90-100%) and part-time (50-89.9%) employment without an end date of less than 9 months.

Effective date of benefit: Eligible employees may elect participation upon employment or any time during employment.

Summary of benefits and features:


Application for enrollment:

Changes in coverage or personal information:

Refer questions to: MSU Human Resources (telephone 517-353-4434 or e-mail

Revision History -

9/9/16 - updated eligibility detail, deleted outdated summary and other information, and added links to the online Enrollment Guide and Plan Document.

5/27/16 - updated title

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