Retirement and Savings Plans

Kennesaw State University provides many different ways for employees to plan for their future. Below are links that provide details regarding the different options available to employees. Some of these options are not available to all employees.

  • Benefited employees are required to participate in one of the retirement plans offered by the University. Click here to visit the Benefits website and choose "Retirement Plans" from the left menu to learn more about your options.

    The retirement plans (TRS/ORP) and the Employers Retirement System are funded monthly, regardless of whether the employee is paid biweekly or monthly.

    Funding is processed by the Shared Services Center in Sandersville, Georgia. The funding information is transmitted electronically to the provider no later than the fifth working day of the following month. Funds are remitted by wire or ACH. Posting of contributions to individual accounts is controlled by the provider.

  • Temporary, seasonal, and part-time employees may be automatically enrolled in the Georgia Defined Contribution Plan (GDCP). Please click on the GDCP link in the left navigation bar to learn more about the plan, or you can click here to go to the information page on the Benefits site.

    The Georgia Defined Contribution Plan is funded monthly, regardless of whether the employee is paid biweekly or monthly.

    Funding is processed by the Shared Services Center in Sandersville, Georgia. The funding information is transmitted electronically to the provider no later than the 5th working day of the following month. Funds are remitted by wire or ACH. Posting of contributions to individual accounts is controlled by the provider. 

  • Voluntary retirement savings programs, such as 403(b) and 457(b) plans, are offered by the University. Click here for more information on these programs and the available vendors.

    These savings plans are funded with each pay cycle. Contribution information is transmitted electronically to the providers no later than two working days following the pay date. Funds are transmitted by ACH or wire transfer in a timely manner and are posted based on the provider's schedule.

 

 

 

 

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