After 30 days of employment new employees will automatically be enrolled in the diocesan 403B retirement plan through Mutual of America at a 3% (pretax). Mutual of America will notify employees via US mail and they will have 30 days to decline, increase or remain enrolled at the automatic 3%.
If hired after 7.1.11, employees are eligible to receive a 50% match on the first 6% of contribution after one year of service and 1,000 hours. If hired before 7.1.11, employees may contribute but will not receive the employer match.
Employees may change or stop their contributions at any time by completing a new salary reduction form and returning it to the HR office.
For investment advice, please call Ed Wallace at Mutual of America at 1-585-264-9890.