3.5 Retirement Plan
The Middlebury College retirement program includes 401(a), 403(b), and 457(b) plans all of which are administered by TIAA-CREF. The plans are designed to offer various advantages to eligible employees, such as: a generous employer contribution, tax advantages, and retirement, death, and disability benefits.
As a condition of employment, eligible employees are required to participate in the 401(a) plan (called the "Core Retirement Plan").
For a complete description of the retirement plans, refer to the Summary Plan Descriptions on the Human Resources website or contact Human Resources at ext. 5465.