457(b) Deferred Compensation Roth Option
The new 457(b) Roth option rolls out January 1st. Read more about it on Central Management Service's (CMS) website here! Note: An enrollment form will be required for anyone choosing the new Roth option, even if you were previously enrolled in the original plan.
403(b) contribution limits are unchanged for 2016
Employees under age 50 can contribute $18,000.
Employees over age 50 can contribute $24,000.
Eastern Illinois University employees are provided with a vast array of benefits. The Benefits Services staff is committed to providing excellent service to our employees. Benefits Services is responsible for all benefits, including:
- Group health
- Life insurance
- Disability and retirement benefits
- Supplemental retirement plans (tax deferred)
- Tuition and fee waiver benefits
- Travel discounts
Please visit Central Management Services website for a preview of State of Illinois benefits, offered at our University.
Group insurance orientation sessions are provided to new employees in order to fully explain all benefits.