Skip to main content
  • Home
  • About
  • Faculty Experts
  • For The Media
  • ’Cuse Conversations Podcast
  • Topics
    • Alumni
    • Events
    • Faculty
    • Students
    • All Topics
  • Contact
  • Submit
Campus & Community
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • University Statements
  • Syracuse University Impact
  • |
  • The Peel
  • Athletics
Sections
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • University Statements
  • Syracuse University Impact
  • |
  • The Peel
  • Athletics
  • Home
  • About
  • Faculty Experts
  • For The Media
  • ’Cuse Conversations Podcast
  • Topics
    • Alumni
    • Events
    • Faculty
    • Students
    • All Topics
  • Contact
  • Submit
Campus & Community

Retirement Benefits for Employees Hired Beginning in January 2022

Wednesday, December 15, 2021, By News Staff
Share
faculty and staffhuman resources

Dear Colleagues:

I am writing today to address some questions I have received about Syracuse University’s retirement benefits, specifically how future employees will be encouraged to contribute to their retirement accounts.

First, and most importantly, the forthcoming retirement changes ONLY apply to employees hired on or after Jan. 1, 2022. No one currently employed at Syracuse University will be impacted by this prospective change. Here’s what the change means:

  • Beginning Jan. 1, 2022, new employees will be encouraged to contribute to their retirement.
  • This change provides an incentive for all faculty and staff to save more for a secure retirement.
  • Employees hired on or after Jan. 1, 2022, will have the ability to receive a 10% contribution from the University.
  • Employees hired on or after Jan. 1, 2022, will receive an automatic 5% contribution to their retirement plan after one year of service. This does not require any employee contribution.
  • These employees can receive a dollar-for-dollar match from the University up to an additional 5% of their salary. This match enables employees to save at least 15% of their salary toward their retirement each year, subject to the IRS contribution limits.

This change is consistent with how retirement plans are administered at more than two-thirds of our peer institutions. Nevertheless, based on extensive conversations with academic leaders, faculty and staff, we made the very intentional decision not to apply this change to current employees and we have no intention to apply it to current employees in the future.

I want to extend my gratitude to the members of the Benefits Advisory Council and the Senate Committee on Services to Faculty and Staff, both of which provided invaluable feedback during the benefits planning process. Together, their input strongly informed and influenced the final design of this year’s benefits package.

If you have questions or concerns, please don’t hesitate to reach out to me, your senior HR business partner or HR Shared Services at 315.443.4042.

Sincerely,

Andrew R. Gordon
Senior Vice President and Chief Human Resource Officer

  • Author

News Staff

  • Recent
  • Empowering Learners With Personalized Microcredentials, Stackable Badges
    Thursday, July 3, 2025, By Hope Alvarez
  • WISE Women’s Business Center Awarded Grant From Empire State Development, Celebrates Entrepreneur of the Year Award
    Thursday, July 3, 2025, By Dawn McWilliams
  • Rose Tardiff ’15: Sparking Innovation With Data, Mapping and More
    Thursday, July 3, 2025, By News Staff
  • Paulo De Miranda G’00 Received ‘Much More Than a Formal Education’ From Maxwell
    Thursday, July 3, 2025, By Jessica Youngman
  • Law Professor Receives 2025 Onondaga County NAACP Freedom Fund Award
    Thursday, July 3, 2025, By Robert Conrad

More In Campus & Community

Rose Tardiff ’15: Sparking Innovation With Data, Mapping and More

While pursuing a bachelor’s degree in geography in the Maxwell School, Rose Tardiff ’15 became involved with the Salt City Harvest Farm, a community farm near Syracuse where newcomers from all over the world grow food and make social connections….

Paulo De Miranda G’00 Received ‘Much More Than a Formal Education’ From Maxwell

Early in his career, Paulo De Miranda G’00 embarked on several humanitarian aid and peacekeeping assignments around the world. “When we concluded our tasks, we wrote reports about our field work, but many times felt that little insight was given…

Law Professor Receives 2025 Onondaga County NAACP Freedom Fund Award

College of Law Professor Suzette Meléndez, director of the Syracuse Medical-Legal Partnership Clinic, was honored with a 2025 Onondaga County NAACP Freedom Fund Award at their 45th Annual Freedom Fund Award Dinner. Meléndez received the Maye, McKinney & Melchor Freedom…

A&S Senior Associate Dean for Academic Affairs to Retire; New Appointment Announced

After over four decades of dedicated service to the College of Arts and Sciences (A&S), Professor Gerald Greenberg is retiring at the end of 2025. He transitioned from his role as A&S senior associate dean for academic affairs; humanities; and…

Delaware Nonprofit Leader Begins 2-Year Term as Alumni Association President

Alonna Berry ’11, executive director of the Delaware Center for Justice and a graduate of the College of Arts and Sciences, is the new president of the Syracuse University Alumni Association (SUAA) Board of Directors, as of July 1, 2025….

Subscribe to SU Today

If you need help with your subscription, contact sunews@syr.edu.

Connect With Us

  • X
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
Social Media Directory

For the Media

Find an Expert Follow @SyracuseUNews
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
  • @SyracuseU
  • @SyracuseUNews
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2025 Syracuse University News. All Rights Reserved.