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RETIREMENT

Participation in a state administered retirement system is mandated by state law. Raritan Valley Community College employees may be eligible to participate in:

PERS - Public Employees Retirement System: http://www.state.nj.us/treasury/pensions/pers1.htm

  • PERS is a Defined Benefit Plan  retirement benefits are based upon a formula using years of pension-credited service and final average salary (FAS).
     

ABP - Alternate Benefit Plan

  • ABP is a Defined Contribution Plan  offered to faculty and certain administrators. Retirement benefits are based upon investment earnings. The following investment carriers are available to ABP members, as well as for supplemental retirement annuities (SRAs) and the ACTS program.
     
     
  • AIG-VALIC
    450 Headquarters Plaza
    Morristown, NJ 07960
    1-800-448-2542
    www.americangeneral.com/prilabel2003/njabp.nsf/contents/home

     
  • AXA Financial / Equitable
    333 Thornall Street, 8th Floor
    Edison, NJ 08837
    866-786-0856
    www.equitable.com/nj

     
  • The Hartford - now is Mass Mutual
    303 Lippincott Center, Suite 122
    Marlton, NJ 08053
    800-243-7782, ext. 207
    www.retire.hartfordlife.com/

     
  • ING Life Insurance and Annuity Co.
    581 Main Street, 4th Floor
    Woodbridge, NJ 07095
    877-873-0321
    www.ingretirementplans.com/custom/njabp

     
  • Teachers Insurance and Annuity Association/College Retirement Equities Fund  TIAA/CREF
    730 Third Avenue
    New York, NY 10017
    800-842-8412
    www.tiaa-cref.org

     
  • MetLife
    (formerly Travelers/CitiStreet)
    Met Life of Connecticut
    581 Main Street, 6th Floor
    Woodbridge, NJ 07095
    1-800-545-0108 or (732) 602-0500
    Click Here for Link

     
  • Prudential Life Insurance Co.
    30 Scranton Office Park
    Scranton, PA 18507
    1-855-652-2711
    www.prudential.com/njabp

 

 


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