Eligibility

There are separate eligibility rules for the component of the Plan that permits eligible employees to make salary reduction contributions and the component of the Plan that provides for RIT matching contributions. These separate eligibility rules are set forth below.

Salary Reduction Contributions

All employees can participate in the salary reduction portion of the Plan beginning on the first day of the month on or after their date of hire. However, the following employees are not eligible to participate in the Plan regardless of their date of hire: student employees whose employment is incidental to their educational programs at RIT or independent contractors (independent contractors include leased employees or contract workers hired through, or who are employees of, an outside agency).

Matching Contributions

Most employees can participate in the matching contribution component of the Plan after fulfilling certain service requirements. However, the following employees are not eligible to participate in the matching contribution component of the Plan regardless of their date of hire: student employees whose employment is incidental to their educational programs at RIT, adjuncts (faculty and staff), leased employees, independent contractors (including individuals who are treated as independent contractors even if they are actually determined to be employees), contract workers hired through, or who are employees of, an outside agency, or employees who are subject to a collective bargaining agreement unless the agreement specifically provides for participation in this Plan.

The service requirements to participate in the matching contribution component of the Plan are different depending on when you were hired:

  1. For Eligible Employees Hired Before January 1, 2006 – If you are an eligible employee who was hired before January 1, 2006, or rehired with an adjusted date of hire before January 1, 2006, you are eligible to participate in the Plan on the first day of the first calendar month coinciding with or immediately after the second anniversary of your date of hire with RIT. For example, if you were hired on January 1, 2003, you would become eligible to participate on January 1, 2005. In addition, if: (a) you were hired before January 1, 2006, or rehired with an adjusted date of hire before January 1, 2006; (b) you have two or more consecutive years of regular full-time service with another qualified educational institution; and (c) you commence employment at RIT within three months of termination at the other institution, then you are eligible to participate upon the first day of the calendar month coinciding with or following RIT’s receipt of written verification of your prior service from the other qualified educational institution.
  2. For Eligible Employees Hired On or After January 1, 2006 – If you are an eligible employee who was hired on or after January 1, 2006, or rehired with an adjusted date of hire on or after January 1, 2006, you are eligible to participate on the first day of the first calendar month coinciding with or immediately after the first anniversary of your date of hire with RIT. For example, if you were hired on January 1, 2010, you would become eligible to participate on January 1, 2011. In addition, if: (a) you were hired on or after January 1, 2006 (and your adjusted date of hire is on or after that date); (b) you have one or more consecutive years of regular full-time service with another qualified educational institution; and (c) you commence employment at RIT within three months of termination at the other institution, then you can participate upon the first day of the calendar month coinciding with or following RIT’s receipt of written verification of your prior service from the other qualified educational institution.

A qualified educational institution is a higher educational organization (college or university) which normally maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where its educational activities are regularly carried on. Your prior service (e.g., as a student employee or adjunct employee) may help you satisfy the eligibility service requirements.

If you are rehired after a one-year break in service and you did not previously fulfill the requirements to be eligible to receive matching contributions under the Plan, you must complete the initial eligibility requirements to receive matching contributions.

Please contact the Plan Administrator if you believe you have prior service that may help you satisfy the eligibility requirements. Please note that the Plan Administrator will require you to provide verification of any service for which you are seeking credit.

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