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Holy Cross has a normal retirement date of the last day of the month in which you attain your 65th birthday. You may apply for retirement benefits at an earlier or later date by contacting the Human Resources department. It is recommended that you do so at least 120 days prior to retirement.

College of the Holy Cross DC Retirement Plan Disclosure Notice
The College of the Holy Cross maintains the COLLEGE OF THE HOLY CROSS DC RETIREMENT PLAN (the “Plan”). Holy Cross has directed Fidelity Investments (“Fidelity”), one of our providers, to develop a consolidated brochure based upon information provided by each of the following investment providers, Fidelity Investments and TIAA.

To view this brochure and obtain more up-to-date investment performance or Plan information, please go to (Password: 65424)

Retirement Plans

Non-Exempt Employees

Holy Cross maintains a defined benefit retirement plan for non‐exempt employees at no cost to the employee. If you work a minimum of 1,000 hours and you are 21 years of age, you may participate in the plan after one year of continuous service. If you participate in the plan, your benefit is at least 2% of your average base salary times your years of service.

The plan requires that you complete five years of service in order to be vested and entitled to receive a retirement benefit in accordance with the terms of the plan. The benefits under the plan are based on your years of service and pay history during those years, in accordance with the plan document.

You also can participate in the Group Supplemental Retirement plan on a voluntary basis.  See All Employees section below.

Exempt Employees

Exempt employees are required to participate in a TIAA or Fidelity defined contribution retirement plan. Contributions by you and the College are mandatory. The employee contributes 2% and the College contributes 10% of the employee's base pay up to the social security maximum. Over the social security maximum, the employee contributes 5% and the College 12%. There is a one‐year waiting period, unless previous employment circumstances have met the criteria of the plan document. More information can be obtained from the human resources department.

You also can participate in the Group Supplemental Retirement plan on a voluntary basis.  See All Employees section below.

All Employees

All full-time, part-time and on-call employees are eligible to participate in the Holy Cross 403(b) Defined Contribution Group Supplemental Retirement Plan. Employees may elect to start, stop, increase or decrease voluntary contributions to their Supplemental Retirement Account (SRA) at any time during the year.  Your voluntary contributions may be made on either a pre-tax or post-tax basis (ROTH).

The 403(b) Plan Enrollment Guide (PDF) shows the investment options available to you through TIAA and/or Fidelity. Follow the instructions on page three of the guide to elect your voluntary contribution amount and select your investment options. In accordance with our plan provisions, any contributions to your SRA that have not been directed by you, will be automatically invested in the default Fidelity Freedom K(R) Fund investment option, appropriate to your projected Plan Normal Retirement Date (65th birthday).

Master Administrator

The College offers a retirement planning website for the College of the Holy Cross 403(b) Defined Contribution and Group Supplemental Retirement Plan.

The site,, which may be used by all employees (current Fidelity or TIAA plan users, as well as first-time enrollees), allows you to:

  • Enroll in the retirement plan
  • Change your investment service provider (Fidelity Investments or TIAA)
  • Change your retirement plan contribution amount
  • View plan details
  • Use interactive tools and calculators to help you set financial goals

Please see the enrollment guide below in regards to navigating the website and learning more about the 403(b) Plan.

Retirement Education and Counseling Sessions

Retirement planning consultants from TIAA and Fidelity are regularly scheduled on campus each month to conduct personal financial one-on-one counseling sessions. Please call to register for your personal counseling session:

TIAA: 800-732-8353
Fidelity: 800-642-7131

Other Retirement Resources