Please contact FIDELITY, TIAA-CREF, or AIG-VALIC to initiate your retirement benefits from the University’s defined contribution retirement plan (DCRP). You will have to select a payment method from one of several income options:
It is advisable that you consult with a tax specialist before withdrawing or receiving any plan money that is subject to tax. Professional advice may help avoid unexpected tax liability.
For staff employees hired on or before March 1, 2003, you may have been a participant with frozen defined retirement benefits under the Loyola University Employees’ Retirement Plan (LUERP). For more information, see the LUERP page.