Integrated Service Center

Retirement Plans

Retirement plan eligibility is based on the program available to your employment category and any prior plan participation. Your offer letter should indicate which employment program you have, and what benefits options are available to you. If you are not sure of your employment program, speak to your manager or contact the ISC.

Employment programs include:

  • Professional Staff, Academic Staff, and Librarians
  • Faculty
  • Classified Staff and Benefits-Eligible Temporary or Hourly Employees
  • UW Police

Professional Staff, Academic Staff, and Librarians

Plan Choices

If you’re professional staff, academic staff,  or a librarian, you have 30 days to choose a plan; otherwise, you’ll be automatically placed in the default plan.

You have two options:

  1. UW Retirement Plan (UWRP), a tax-deferred 403(b) plan, much like a 401(k), where you choose the investments, make the required contribution, and receive a matching contribution from UW.
  2. Public Employees’ Retirement System Plan 3 (PERS 3), a hybrid plan that combines a traditional pension plan (defined benefit plan) with investments funded by your contributions.

Enrollment Process

Step-by-step instructions on making retirement plan elections

Make your retirement plan elections in Workday


Faculty

Plan Choices

If you’re teaching faculty as defined in  Chapter 21 of the UW Faculty Code, you have 30 days to choose between the state teachers retirement plan and the UW Retirement plan; otherwise, you’ll be automatically placed in the default plan.

You have two options:

  1. UW Retirement Plan (UWRP), a tax-deferred 403(b) plan, much like a 401(k), where you choose the investments, make the required contribution, and receive a matching contribution from UW.
  2. Teachers’ Retirement System (TRS) 3, a hybrid plan that combines a traditional pension plan (defined benefit plan) with investments funded by your contributions.

Enrollment Process

Step-by-step instructions on making retirement plan elections

Make your retirement plan elections in Workday


Classified Staff and Temporary Hourly Employess

Plan Choices

If you’re classified staff or a temporary hourly employee, you have 90 days to choose a plan; otherwise, you’ll be automatically placed in the default plan.

You have two options:

  1. Public Employees’ Retirement System Plan 2 (PERS 2), a traditional defined benefit pension plan.
  2. Public Employees’ Retirement System Plan 3 (PERS 3), a hybrid plan that combines a traditional pension plan (defined benefit plan) with investments funded by your contributions.

Enrollment Process

Step-by-step instructions on making retirement plan elections

Make your retirement plan elections in Workday


UW Police

Available to commissioned UW police officers (in a full-time, 100 percent FTE position), the Law Enforcement Officers’ and Fire Fighters’ (LEOFF) Plan 2 is a traditional, defined-benefit pension plan. If eligible, you will automatically be enrolled in this plan.


Optional Retirement Plans

The UW offers two more ways to save beyond your primary retirement plan or to defer compensation for retirement.

Voluntary Investment Program

Deferred compensation

Enrollment for these plans is through the plan administrator.