Tax-Deferred Annuity Plans
Beginning February 1, 2000, University of Pennsylvania employees will have a valuable new resource for information about the University's Tax-Deferred Annuity (TDA) plans: The University of Pennsylvania Retirement Call Center. The Call Center will be your main source of information about general TDA plan features, such as eligibility, University contributions, and enrollment.
The Call Center will be administered by TIAA-CREF, but you should contact the Call Center with your general TDA plan questions whether you participate with TIAA-CREF or Vanguard. When you call, you will receive assistance from trained representatives, dedicated exclusively to the University of Pennsylvania. The Call Center will be available weekdays from 8:30 a.m. to 5 p.m., at 1-877-PENN-RET (1-877-736-6738).
If you have more detailed questions about the investment options available under TIAA-CREF or Vanguard, or have questions about your accounts with those vendors, you will continue to contact the investment vendors directly. The Call Center can answer your questions about TIAA-CREF, and you can call Vanguard at 1-800-523-1188 for Vanguard information. In addition, representatives from TIAA-CREF and Vanguard will be easily accessible on campus each month. Contact the vendors for information on upcoming meeting schedules or to arrange a one-on-one counseling session.
* CPUP employees should continue to call the CPUP Benefits Office at (215) 349-5435 or -5789 for information on maximum allowable contributions.
--Division of Human Resources
Almanac, Vol. 46, No. 17, January 18, 2000