All SERS offices are now closed, by order of Governor Tom Wolf. Please note that monthly pension payments, and distributions from your deferred comp and defined contribution accounts will continue uninterrupted. For other functions, SERS is doing their best to assist members in a timely manner by email, in a limited capacity.
To limit person-to-person contact, TIAA is conducting its counseling sessions online through Saturday, August 15, 2020.
Full-time Faculty and Staff are eligible to participate in one of two mandatory retirement plans (Technical Service employees are a part of the Staff employee population for benefit eligibility purposes, unless specifically indicated otherwise):
State Employees Retirement System (SERS)
- General Phone Number (800) 633-5461
- Local Office - State College 2525 Green Tech Drive, Suite AA
State College, PA 16803
Penn State Alternate Retirement Plan (Administered by TIAA)
- General Phone Number (800) 842-2252
- Local Office – State College (814) 278-5000
328 Innovation Boulevard
State College, PA 16803
Full-time Faculty and Staff: Have 31 days from the effective date of your appointment to choose your retirement plan. If you do not make your decision within that time period, state regulations require that you automatically be enrolled in SERS. Once you are enrolled in a retirement plan, the enrollment is irrevocable. However, you may enroll in a TIAA supplemental retirement plan at any time.
Part-time Faculty and Staff: Part-time Faculty and Staff must participate in a mandatory retirement plan once they become eligible by working 750 hours in a given calendar year. Part-time employees who meet the hourly requirement will receive a Workday Inbox notification regarding their eligibility. All elections must be received within 31 days of notification of eligibility or you will automatically be enrolled in SERS, based on state regulations. Once you are enrolled in a retirement plan, the enrollment is irrevocable. Additionally, if you are enrolled in the TIAA retirement plan, and return as a part-time employee at a later date, you must re-qualify for a retirement plan by working 750 hours in a given calendar year. However, you may enroll in a TIAA supplemental retirement plan at any time.
Postdoctoral Appointments: Are not eligible to participate in the mandatory retirement plan, but may enroll in a TIAA supplemental retirement plan at any time.