UAB Retirement Programs


  • Mandatory UAB Retirement Program

    Teachers' Retirement 401(a)

    The Teachers' Retirement System (TRS) plan is a 401(a) plan and mandatory for certain employment categories. Please review the Benefit Eligibility Chart for a complete listing of eligible employment categories.

    TRS is a defined benefit plan. Eligible employees who were a member of TRS prior to Jan. 1, 2013, (Tier 1) must contribute 7.5% monthly tax sheltered contributions up to the annual earnable compensation maximum. Eligible employees who were a member of TRS Jan. 1, 2013, or later (Tier 2) must contribute 6% monthly tax sheltered contributions up to the annual earnable compensation maximum. The salary cap only applies to employees hired on or after July 1, 1996.

    TRS provides Tier 1 members retirement income at age 60 with 10 years or more of participating TRS service, or at any age with 25 years of participating TRS service. Tier 2 members are provided retirement income beginning at age 62 with 10 years or more of participating service. Should you terminate your service before qualifying for retirement benefits, contact the UAB Benefits Department for counseling and/or to apply for a refund of your accumulated contributions.

    For more information:

  • Voluntary UAB Retirement Programs

    403(b) Plan

    UAB offers a voluntary 403(b) plan for eligible employee. Please review the Benefit Eligibility Chart for a complete listing of eligible employment categories. The 403(b) is a voluntary, defined-contribution, tax-deferred and Roth after-tax plan governed by the Internal Revenue Code 403(b). Eligible employees can choose between both TIAA and VALIC for investments. Vesting in the 403(b) plan is immediate.

    UAB matches the individual’s contributions up to 5% of gross monthly pay not to exceed the IRS 401(a) annual compensation (salary cap) limit. The salary cap only applies to employees hired on or after July 1, 1996. Eligibility for matching is limited to full-time regular monthly paid employees and those biweekly paid employees grandfathered by FLSA changes.

    457(b) Plan

    UAB also offers a voluntary, defined-contribution, tax deferred and Roth after-tax plan governed by Internal Revenue Code 457(b). Similar to the 403(b) plan, the 457(b) plan offers the same expanded investment options, convenient payroll deductions, pre-tax as well as Roth after-tax contributions, and tax-deferred growth through both TIAA-CREF and VALIC. There are no University matching contributions under this plan.

    Retirement Providers

    TIAA: TIAA offers a choice as to the distribution of the total deposit to be placed in TIAA (fixed annuity) or CREF (variable annuity). Investment options also include non-proprietary mutual funds. Call 1-800-842-2003 or visit TIAA online to schedule a consultation or find a seminar.*

    VALIC: Valic offers a choice as to the distribution of the total deposit to be placed in non-proprietary mutual funds as well as a fixed interest account. Call 1-800-448-2542 or contact a member of the local service advisor team.*

    *TIAA and VALIC representatives are on the UAB campus for individual counselling appointments.

    For more information...

  • UAB Hospital Management, LLC Retirement Program

    Voluntary 403(b) Plan

    UAB offers a voluntary 403(b) retirement plan for eligible employees. Please review the Benefit Eligibility Chart for a complete listing of eligible employment categories.

    The 403(b) plan is a voluntary, defined-contribution, tax-deferred and Roth after-tax plan governed by Internal Revenue Code 403(b). Eligible employees can choose between both TIAA and VALIC for investments. Employees are vested after 3 years of employment within the LLC.

    UAB matches the individual's contributions up to 5% of gross monthly pay not to exceed the IRS 401(a) annual compensation (salary cap) limit. The salary cap only applies to employees hired on or after July 1, 1996. Eligibility for matching is for all full-time and part-time regular, three twelve-hour shift, and weekend staff employees.

    Retirement Providers

    TIAA: TIAA offers a choice as to the distribution of the total deposit to be placed in TIAA (fixed annuity) or CREF (variable annuity). Investment options also include non-proprietary mutual funds. Call 1-800-842-2003 or visit TIAA online to schedule a consultation or find a seminar.*

    VALIC: Valic offers a choice as to the distribution of the total deposit to be placed in non-proprietary mutual funds as well as a fixed interest account. Call 1-800-448-2542 or contact a member of the local service advisor team.*

    *TIAA and VALIC representatives are on the UAB campus for individual counselling appointments.

    For more information: