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Effective January 1, 2008

The Matching Contribution Retirement Plan
The University of Virginia offers an employer-paid match to employee contributions to tax-deferred savings programs. To be eligible, employees must be participating in the Virginia Retirement System, the Faculty Retirement Plan or the Medical Center Retirement Plan.

For Medical Center employees hired on or after September 30, 2002 employee contributions will be matched at 50 percent up to 4 percent of salary, not to exceed a 2% employer match contribution. For Medical Center employees hired prior to September 30, 2002 who participate in the Medical Center Retirement Plan or any Medical Center employees who participate in the Virginia Retirement System regardless of their date of hire, contributions will be matched at 50 percent up to a maximum as determined by the General Assembly. As of July 1, 2000, the monthly maximum is $40. To enroll, employees must meet the eligibility requirement, participate in a tax-deferred savings account and open a Match Plan account with TIAA-CREF, Fidelity and Vanguard. For more information and account enrollment instructions contact:

TIAA-CREF (800) 842-2733
Fidelity (800) 343-0860
Vanguard (800) 523-1188