As a student officer you are eligible for two Human Resources programs: retirement and commuter savings. We encourage you to take advantage of both benefits.
The University’s Voluntary Retirement Savings Program (VRSP) is a 403(b) retirement plan that lets you contribute from 1% to 80% of your eligible pay, on a pre-tax (deducted along with any other taxes) and/or Roth after-tax (deducted from take-home pay) basis, up to the annual IRS limit. You have a wide range of funds to choose from for investing your savings, available through TIAA and/or Vanguard. You are always 100% entitled to the value of your own contributions.
Beginning January 1, 2022, you will be eligible for the Transit/Parking Reimbursement Program (T/PRP). The T/PRP is a convenient way to pay for commuting expenses with pre-tax dollars, deducted directly from your paycheck each month. Beginning in 2022 you can enroll in or make changes to the T/PRP at any time during the year.