EDRC Vestment
Employees hired after April 1, 2010, are eligible to participate in the Employer Discretionary Retirement Contributions (EDRC). Contributions to the EDRC begin immediately with employment. All funds in the account belong to the employee as soon as the contributions are made.
EDRC Contributions
BYU-Idaho contributes a percentage of your eligible annual compensation into the EDRC account. Right now, BYU-Idaho contributes 3.5 percent (8 percent for employees hired after January 1, 2021) equivalent of your compensation in the account each paycheck.
Preset Mixes
You can choose how your EDRC 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)