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Part I Section II: Benefits Provisions for Retired University Faculty

R-1 Retirement Distribution

Retired faculty will have contributed to the University Retirement Plans while employed by the University and may have contributed to the Tax-Deferred Annuity Plan. Retired faculty have a number of options available for distributions from their retirement plan, including a lump sum option. Faculty should consult their vendors TIAA, Fidelity, and/or Prudential when selecting their retirement option.