College Offers TIAA Defined Contribution Retirement Plan
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Description
Northwest Iowa Community College offers the Teachers Insurance and Annuity Association (TIAA) as a defined contribution retirement plan for eligible employees. Participation requires 6.29% employee and 9.44% employer salary contributions under a one-time, irrevocable plan election.
Contract Details
Vendor
TEACHERS INSURANCE & ANNUITY ASSOCIATION (TIAA)
Agency
Northwest Iowa Community College, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Renewal Info
Ongoing group retirement plan relationship; employee election is irrevocable for the length of employment, and plan continuation follows institutional and TIAA policies.
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