The Faculty and Staff Retirement Plan for monthly employees, including Housestaff and Post-Doctoral Associates, is a program that is funded both by your and . Please note, Duke employees holding more than one position classification receive the benefits associated with their primary position classification as reflected in Duke’s payroll or personnel system. For example, a Housestaff member who also works within Duke University Health System, receives benefits associated with the Housestaff position classification since that is primary.
Duke’s Contribution for Faculty and Staff
Duke’s contributions for exempt faculty and staff is determined each year. Newly hired faculty and staff are required to have three years of service before they are vested.
Duke’s Contribution for Housestaff and Post-Doctoral Associates
Duke’s contributions for Housestaff and post-doctoral associates are fully and immediately vested.
When Participation Can Begin
In general, Duke may make contributions on your behalf after you have completed one year of service and have attained age 21. You may be eligible to waive the one year wait for the Duke contribution if you meet certain criteria.