Benefits

CSU 403(b) Supplemental Retirement Plan (SRP)

The CSU 403(b) Supplemental Retirement Plan or SRP for short, and formerly referred to as the Tax Shelter Annuity Program (TSA), is a voluntary program that allows eligible CSU employees to save toward retirement under Internal Revenue Code [IRC Section 403(b)]. The method for this savings is to invest pre-tax contributions in tax-deferred investments, either annuities or mutual funds. SRP contributions are made solely by the employee through payroll deductions, prior to the deduction of federal and state taxes.  

This program is available to all CSU employees except Special Consultants and those in certain Student Classifications.   

For more information about the Supplemental Retirement Plan 403(b), visit https://csyou.calstate.edu/Employee-Resources/Benefits/Pages/SRP.aspx.

To speak with a Fidelity campus representative, please contact:

Jon Lee
Workplace Financial Consultant, Personal and Workplace Investing
Account Services: 800.343.0860
Email address: jon.lee @fmr.com
Mobile phone: 669.345.4485

FREQUENTLY ASKED QUESTIONS:

What is a Tax Year?

  • Tax years for CSUN employees are calculated by Pay Periods: December 1st through November 30th.

How can I save taxes on my unused vacation payout?

  • When you separate or retire you may transfer your unused vacation pay to your 403(b) plan. Normally, when you cash out unused vacation credits the payment is taxable, but if you transfer it to your 403(b) plan you won't owe taxes until you withdraw the funds.

  • If you would like to proceed with the transfer, please contact Payroll Administration at ext-2101 at least 90 days before separating or retiring, and put your request in writing at least 45 days in advance.

Previous Fund Sponsors

 FUND SPONSORS:

 

COMPANY:

CSUN AGENT:

CONTACT INFORMATION:

GROUP PLAN #:

VALIC

Rachel Baroma

rachel.baroma@valic.com  | 1.818.326.6939

01412001

VOYA Retirement Life & Annuity (formerly ING)

Kam Nassiri

kam.nassiri@voyafa.com  | 1.818.774.0719

(Kit#) 140550

MetLife

Chris Maltese

1.805.371.4217 or 1.818.648.0907 

 

TIAA-CREF

Michael Johns

1.800.732.8353 or 1.626.432.6316

151163

How To Enroll in a CSU 403(b) Supplemental Retirement Plan

For more information about enrolling a visit:  https://csyou.calstate.edu/Employee-Resources/Benefits/Pages/SRP.aspx.