To Our Faculty and Staff,
We write today to update you regarding restoration of Retirement Plan A employer contributions for the first six months of this calendar year—as well as drop-in summer child care and campus parking rates.
Last month, Interim President Cowen and Provost Vinson announced that the university’s financial condition for this fiscal year (July 1, 2020-June 30, 2021) would allow Case Western Reserve to restore employer contributions to Retirement Plan A for the period from Jan. 1, 2021, through June 30, 2021. This restoration represents a commitment of nearly $10 million to eligible employees.
Faculty and staff eligible for Plan A qualify for the restored contributions if they have been employed by the university through May 13 of this year. One exception exists: Those not employed as of that date because of layoffs remain eligible for contributions for the time worked in 2021.
Individuals’ respective contributions—those retroactively reinstated as well as the regular June retirement contribution—will be deposited with TIAA-CREF and/or Vanguard as a single sum (or sums) no later than June 30. The total amount will appear on each eligible employee’s payment advice for this month’s pay period.
If you have questions about your retirement plan, please contact the Office of Human Resources’ Service Center at 216.368.6964 or askHR@case.edu.
Summer Drop-In Child Care at One to One Fitness Center
The university’s One to One Fitness Center will resume its Drop-In Child Care service next week (Monday, June 7) and have expanded the eligible age group from kindergarten to sixth grade to include any child who is fully potty trained. As during the past semester, the program will operate weekdays from 8 a.m. to 5 p.m., and appointments are necessary. To learn more, please visit case.edu/onetoone/childcare.
Campus Parking Rates to Remain Unchanged for Second Consecutive Year
Given the economic strain that some families have experienced during the pandemic, the university will keep campus parking rates the same for the fiscal year that begins July 1, 2021. These rates will be the same charged for fiscal years 2019-2020 and 2020-2021 (both July 1 through June 30). To see rates for respective lots and garages, please visit the parking services website.
Vice President for Human Resources
Vice President for Campus Services