Mandatory Retirement Plan Eligibility
All university employees are required to participate in a mandatory retirement plan in lieu of Social Security. UNLV academic faculty and administrative/professional employees working at least half-time must participate in the Nevada System of Higher Education Retirement Plan Alternative (NSHE RPA) unless they are already members of the Public Employees’ Retirement System of Nevada (NVPERS) when they are hired at the university.
If you are a current member of NVPERS, please visit NVPERS for more information about retirement benefits.
Employees contribute 15.25% of their gross salary to the 401(a) mandatory defined contribution plan. The university contributes an additional 15.25%. Your funds are automatically deducted from your paycheck on a tax deferred basis and sent to the RPA plan’s record keeper, TIAA-CREF.
You have the ability to choose your investments within the investment options available through the plan.