Retirement

All regular employees of Savannah State University are required by the Act of the General Assembly of the State of Georgia to participate in a retirement program. Faculty and key administrators have the option of participating either in the Teachers Retirement System of Georgia or an Optional Retirement Plan. All other staff must participate in the Teachers Retirement System of Georgia.

Teachers Retirement System

Teachers Retirement System

Optional Retirement Plan
Faculty and key administrators on faculty contract have the opportunity to make a one time irrevocable decision to participate in an optional retirement plan in lieu of the Teachers Retirement System. This decision must be made within 60 days following employment. Companies participating in the Optional Retirement Plan are:

American Century Investments
Fidelity Investments
Teachers Insurance & Annuity Association - College Retirement Equities Fund (TIAA-CREF)
Variable Annuity Life Insurance Company (VALIC)

 

Health Insurance Retirement
Dental Insurance Flexible Spending Accounts
Life Insurance Paid Days Off
Tax Deferred Annuities Other Services & Activities
Can I change my coverage during the year?