Retirement Plans and Benefits

Health benefits can be found here.

Basic Retirement Plan: 401(a)

The University of Nebraska provides a retirement plan for the purpose of accumulating lifetime retirement income through participation in the Basic Retirement Plan. Both employees and the university contribute to the Basic Retirement Plan based on a percentage of their salary. Employees may choose between two levels of participation.

Supplemental Retirement Plan: 403(b)

Employees may participate in the Supplemental Retirement Plan, which establishes individual annuity and/or custodial accounts to supplement Basic Retirement Plan contributions. Participation is voluntary and 100% employee-funded.

Deferred Compensation Retirement Plan: 457(b)

Employees are eligible to participate in the 457(b) Deferred Compensation Plan as long as they have “elected to defer” the maximum 402(g) amount allowable to the university’s Supplemental Retirement Plan 403(b). Participation is voluntary and 100% employee-funded.

How to Plan Your Retirement Investment

When planning your retirement investment, it's important to know the differences between plans. The first step is meeting with a retirement advisor to put together a comprehensive plan.

For Retiring or Retired Employees

Overview of Retirement Benefits

NU provides medical, dental, life, dependent life and long-term care insurance, as well as a tuition scholarship program for retirees and their dependents. An overview of eligibility, social security benefits and Medicare Insurance can also be found at the link above.

Step-by-Step for Retiring Employees

Planning for retirement? Our step-by-step guide outlines the resources available to you and the steps you need to take to utilize the University's retirement benefits.

Campus

Contact

University of Nebraska at Kearney

Human Resources 1200 Warner Hall Kearney, NE 68849

Benefits Manager: Renee Mitchell

University of Nebraska–Lincoln

Insured Benefits & Retirement 32 Canfield Administration Lincoln, NE 68588-0409

Benefits Manager: Chris Tran

University of Nebraska Medical Center

Benefits & Insurance 985470 Nebraska Medical Center Omaha, NE 68198-5470

Benefits Manager: Jayme Nekuda

University of Nebraska at Omaha

Benefits Office 205 Eppley Administration Omaha, NE 68182

Benefits Manager: Esther Scarpello

University of Nebraska Central Administration

Benefits Office 217 Varner Hall Lincoln, NE 68583-0742

Assistant Director for Benefits: Brian Schlichting

Firefly Employee Portal

Announcements

CARES Act Changes to the University's Retirement Plans

May 13, 2020

The University of Nebraska is making certain changes to its retirement plans pursuant to the the CARES Act.

IRS 2020 Limits

Dec 18, 2019

Find out how much you can save for retirement in 2020. The IRS has announced higher 2020 retirement plan contribution limits for 401(k)s and more.

SEE ALL ANNOUNCEMENTS

Saving Enough?

TIAA Retirement Calculator

Fidelity Calculators and Tools

Plan for the retirement you want. Determine how much income you'll need when you retire, then craft your plan around it.

Retirement Partner Websites

TIAA

Fidelity Investments

Still Have Questions?

Campus-specific benefits contacts are listed at the bottom of this page.