BASE RETIREMENT SAVINGS EMPLOYER CONTRIBUTIONS UCP offer the following retirement contributions in lieu of contributing to social security. As state of Ohio public employees, employees will not contribute to social security.
ALL EMPLOYEES ❖ Available to full-time and part-time employees ❖ Defined contribution plan
❖ UCP contribution:
❖ 8.5% of first $360,000 (IRS limit) ❖ Max $30,660 annual contribution
PLAN INFORMATION
❖ As part of the total compensation package, UCP may contribute an additional amount ❖ Annual limit of $72,000
❖ Immediate vesting
❖ No employee mandatory contribution
PLAN ADMINISTRATORS
❖ FIDELITY
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