A form of TIAA/CREF contract, entitled "Supplemental Retirement Annuity," (or SRA) and the voluntary Fidelity Investment Option (* Effective January 1, 1988) are also available to University faculty. These programs are designed for employees who wish to set aside voluntary tax-deferred funds (within Internal Revenue Service limitations) in addition to their other retirement programs. These plans permit lump sum cash settlements in addition to other retirement options.
(Rev. 2/91)