Eligibility to Enroll and Authorize Elective Contributions
All W2 employees, age 18 or older, are eligible to participate in the UUA Retirement Plan, regardless of hours, length of service, or receipt of employer contributions.
If your UU Employer has adopted the Plan you can authorize elective contributions via pre-income-tax payroll deduction even if you have not yet met the Plan's criteria for employer contributions.
Employees may also roll eligible retirement savings from another account into the Plan.
- Every employee is empowered to enroll upon hire - or anytime thereafter - in order to reduce current taxable income and save toward retirement!
Employers with the Plan must on-board all of their employees with information about the Plan and annually remind employees of this important benefit.
Individuals who are already enrolled in the UU Retirement Plan, which is a multiple employer plan, do not need to re-enroll when they begin to serve a new-to-them UU employer that offers the Plan; instead, contact email@example.com with details requesting an update to the employer linkage on the employee's account.
Eligibility for Employer's Contributions
In addition to being able to save via employee's own Elective Contributions, some employees qualify for Employer's Contributions. Employers are responsible for making a correct and timely determination of each employee's eligibility to receive Employer's Retirement Contributions based on the Plan's criteria.
Before hire, it can be helpful to determine whether a prospective new employee has yet successfully completed a UU ministerial internship, been awarded UU Preliminary Fellowship, has previously satisfied the Plan’s Eligibility Service provision, or is working (consecutively or concurrently) for another participating UU employer. Each of these factors impact the date of eligibility for Employer’s Contributions.
Review the Benefits Tune-Up Workbook (PDF) and see the flowchart and one example of an Employer's date of eligibility-for-Employer's-Contributions determination. For assistance in making a determination, or to verify that an individual previously satisfied the applicable Plan criteria, contact firstname.lastname@example.org with UU work history, date of hire and Hours of Service details.
- Local eligibility policies and procedures mirror the governing plan document (PDF) provisions, the Employer's Participation Agreement on file with UUA, and the federal and other regulations that apply to Employers who offer employee benefit plans.