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Retirement Benefits Saving for your retirement couldn't be easier.

Eagle statue in the fall.

The most popular benefit at AU is the 403(b) Retirement Plan which allows you to make contributions immediately to your retirement savings and, after a year of service, receive a 2-to-1 match, all of which can help you attain your financial goals for retirement.

Contribute Now

You don't have to wait to begin saving for your future. You can set aside pretax dollars immediately, regardless of age and service. If you meet the eligibility requirements, you will be contacted when you become eligible for the match so that you can maximize your benefit.

Eligibility for AU's 2-to-1 Match on Your Contributions

You are eligible to receive the 2-to-1 matching contributions if you are at least 24 years old, have worked at AU for 12 months, and are normally scheduled to work at least 20 hours per week for at least 1,000 hours per year. If you have a year of service at another 501(c)(3), non-profit, or university, you may be eligible for a waiver of the one-year waiting period. The first five percent (5%) of your contributions are matched 2-to-1 by the university once you become eligible for the match, for a total contribution of up to 15 percent.

Examples of employee contribution and university match.
If you contribute AU contributes
For a total of

1% of Regular Salary

2% of Regular Salary

3% of Regular Salary

2% of Regular Salary

4% of Regular Salary

6% of Regular Salary

3% of Regular Salary

6% of Regular Salary

9% of Regular Salary

4% of Regular Salary

8% of Regular Salary

12% of Regular Salary

5% of Regular Salary

10% of Regular Salary

15% of Regular Salary

If you were hired after May 1, 2008, you are enrolled automatically to receive the university's 2-to-1 match when you become eligible to receive the match.

Immediate, 100% Vesting

Vesting refers to the portion of your plan account balance to which you are entitled under the plan rules. You are immediately 100 percent vested in the plan.