Claflin University offers two exceptional retirement plans. Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF), one of the largest and most respected financial service providers in the world ensures the financial well-being of faculty and staff across America's education and research communities.
TIAA Retirement Plan (403b)
Employees may enroll in this plan after 12 months of consecutive service. He/she must contribute 4% of their annual salary at which time Claflin will match at 7.5%.
TIAA Supplemental Annuity
An employee may contribute at any time during their employment at their own discretion. This supplemental plan does not require a wait period nor does Claflin contribute any funds towards it.