Affiliated Faculty who are members of AFEC with at least 48 teaching credits are participants in the Emerson College Affiliated Faculty Mandatory Retirement plan. This plan includes a 1.5% employee mandatory contribution, and a 3% employer contribution. Vesting is 100%, meaning you own all contributions immediately once in your account.
Determinations of (new) plan eligibility are made twice per year, once before the fall semester and once before the spring semester. If newly eligible, eligibility effective dates are 9/1 or 1/16.
Contributions to the Mandatory Retirement Plan will be directed to accounts with Transamerica.