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SPU provides two avenues in planning for retirement: the Defined Contribution Plan 401(a), where SPU contributes 9% on your behalf based on your earnings, and the Employee Savings Plan 403(b), where you contribute up to the IRS maximum limit. Please visit their respective pages to learn more about the two plan options.

To ensure that any retirement plan contributions are entered timely, Transamerica should be contacted by the first of the month prior to the month in which you would like the contribution change to be effective. This allows the change to be made in the Transamerica system and for their reporting to reach SPU in time for the change to be made prior to the SPU payroll deadline of the tenth of the month prior. 

Transamerica Contact Information

TRANSAMERICA Retirement Solutions