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Defined Contribution Plan

Policy ID: 3-6004-009

Category: Human Resources

Effective Date: 5/5/2005
Contact(s):
Benefits Office
Human Resource Svc-6004
(970) 491-6947
hrs_benefits@mail.colostate.edu

All Academic Faculty, Administrative Professional Staff, Post-Doctoral Fellows and Veterinary Interns appointed on or after April 1, 1993 are required as a condition of employment under Colorado law, to participate in either the University's Defined Contribution Plan (DCP) for Retirement or, in very limited cases, in the Public Employees' Retirement Plan (PERA) of Colorado, a defined benefit plan.

Only those newly appointed employees with qualifying prior service in Colorado’s PERA retirement system may be eligible to elect to continue membership in that retirement plan. All other new appointees must enroll in the DCP.



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