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NAU offers several types of retirement programs.
Mandatory Retirement Plans
All employees (with the exception of FICA-exempt employees) who are employed at least 20 hours a week (.50 FTE) for at least 20 weeks in a fiscal year are required to participate in a retirement program. In these mandatory programs, NAU contributes matching funds.
Your employment status (classified staff, service professional, academic professional, faculty) determines the options you have for your Retirement Plans.
Supplemental Retirement Plans
If you would like to supplement your retirement savings, NAU offers Supplemental Retirement Plans. All employees are eligible to participate (full or part time, hourly or temporary) in these plans.
Under Supplemental Retirement Plans employees can choose from Voluntary 403(b) and 457 plans as well as a payroll deduction program for U.S. Savings bonds.
These plans are voluntary and are separate from the required retirement plan – there are no matching employer funds in these plans.
Other Retirement Resources
Use the links at the left to explore resources for those who are close to or are already in retirement.
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