Retirement
Exempt Staff
Utah Retirement System
Non-Contributory Plan
If you are enrolled in this plan, USURF will contribute 13.2% of your annual
gross earnings. Of this, 1.5% is contributed to the USRS or EMIA 401(k) plan
and 11.7% is credited as USURF's contribution.
TIAA/CREF Retirement Plan
If you are enrolled in the TIAA/CREF retirement program, USURF contributes
14.2% of your annual gross earnings to retirement--above and beyond your annual
salary. You designate how this contribution is invested among the TIAA and CREF
investment options.
Non-Exempt Staff
Utah Retirement System
Non-Contributory Plan
If you are enrolled in this plan, USURF will contribute 13.2% of your annual
gross earnings. Of this, 1.5% is contributed to the URS or EMIA 401(k) plan
and 11.7% is credited as USURF's contribution.
TIAA/CREF Retirement Plan
(Out of State Non-Exempt Employees)
If you are enrolled in the TIAA/CREF retirement program, USURF contributes
14.2% of your annual gross earnings to retirement--above and beyond your annual
salary. You designate how this contribution is invested among the TIAA and CREF
investment options.
Social Security/Medicare
(Both Exempt & Non-Exempt Staff)
USURF shares the cost of your Social Security/Medicare benefits by contributing
6.2% of your salary up to $5,394 with a taxable wage base of $87,000 for Social
Security. A contribution of 1.45% is made for Medicare on all earnings. You
will match these contributions by payroll deduction. Social Security provides
several important benefits in the form of retirement payments, disability benefits,
medical benefits under Medicare, and death benefits paid to a spouse or dependent.
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