What is required to enroll part-time lecturers whose most recent employment agreement began on or after November 1, 2008 in the Alternate Benefit Program (ABP)?
Part-time lecturers whose most recent employment agreement began on or after November 1, 2008 will be automatically enrolled in the ABP plan. The ABP employee and employer contributions will be invested with TIAA-CREF, the default carrier, in a money market fund. The ABP participant’s estate will be designated as the beneficiary. The part-time lecturer may contact TIAA-CREF to reallocate funds and designate a beneficiary after his or her ABP account has been established.
Part-time lecturers whose most recent employment agreement began on or after November 1, 2008 will be automatically enrolled in the ABP plan. The ABP employee and employer contributions will be invested with Met Life, the default carrier, in a money market fund. The ABP participant’s estate will be designated as the beneficiary. The part-time lecturer may contact Met Life to reallocate funds and designate a beneficiary after his or her ABP account has been established.
Part-time lecturers whose most recent employment agreement began on or after November 1, 2008 will be automatically enrolled in the ABP plan. The ABP employee and employer contributions will be invested with AXA Equitable, the default carrier, in a money market fund. The ABP participant’s estate will be designated as the beneficiary. The part-time lecturer may contact AXA Equitable to reallocate funds and designate a beneficiary after his or her ABP account has been established.
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