Retirement Plus Plan
Eligibility:

Employees hired after March of 2010 are eligible to participate in the Retirement Plus Plan.


Vestment:

Contributions to the RPP begin immediately with employment. All funds in the account belong to the employee as soon as the contributions are made.


Contributions:

The Retirement Plus Plan is an employer-only contribution plan through which BYU-Idaho contributes a percentage of your eligible annual compensation into the account. Right now, BYU-Idaho contributes a 3.5% equivalent of your compensation into the account each paycheck.

Preset Mixes: You can choose how your Retirement Plus Plan account balance is invested by choosing one of the five preset mixes offered by DMBA:

  • Stock Only: 12+ years
  • Long-term: 12+ years
  • Intermediate-term: 5 to 11 years
  • Short-term: 0 to 4 years
  • Current Income: 0 to 15 years

For more information, please refer to the Retirement Plus Plan handbook on the financial forms page.