Retirement Plans: Both TIAA and Vanguard offer one-on-one counseling sessions with a financial advisor to discuss your retirement planning needs

Supplemental Tax Deferred Annuity (STDA) Plan

The STDA Plan is a tax-deferred defined contribution plan under Section 403(b) of the Internal Revenue Code to which eligible employees solely contribute.

Plan Information

  • Participation in the STDA Plan is voluntary and funded wholly by your own contributions; NYU makes no contributions to the STDA Plan.
  • Contributions may begin or be changed at any time.
  • You choose how to invest your contributions from an extensive choice of TIAA and Vanguard funds.

How to Enroll / Manage Your Account

Login to NYUHome and select Go on the NYU Retirement Plans card or login to TIAA.org/nyu to manage your employee contribution amount, investments, and beneficiary information. If you need help accessing or navigating the retirement site, see these instructions (PDF) or contact the NYU Retirement Plans Helpline at 844-NYU-TIAA (844-698-8422). Representatives are available weekdays, 8 am to 10 pm ET.

NYU Staff Pension Plan


The NYU Staff Pension Plan is designed to provide you with a foundation of retirement income. Together with your other retirement income resources — Social Security, the NYU STDA Plan, and your own personal savings — the NYU Staff Pension Plan can help you ensure a steady monthly income throughout your post-working years.

The University funds the Plan, manages its assets, calculates benefits, and makes sure they are paid. There are no employee contributions to the NYU Staff Pension Plan; NYU pays the full cost. The NYU Staff Pension Plan is what is known as a defined benefit plan. You can generally begin participating in the NYU Staff Pension Plan on the September 1st, after you reach age 21 and have completed one year of service with NYU.

  • Calculating Your Benefit: Plan benefits are calculated using a formula that multiplies your final average earnings by a percentage that increases with each service milestone that you reach. In other words, the longer you’re with the University, the higher your pension will be.
  • Vesting: You are fully vested once you have completed five years of service provided you have worked at least 1,000 hours each of those years, which means you have a non-forfeitable right to your account even if you leave NYU.
  • Normal Retirement: Generally, normal retirement is at age 65, although you may retire before or after then (assuming you meet Plan requirements). The earliest you can collect your Staff Pension Plan benefits is age 60 (at a reduced amount) provided you are vested or at any age if you have 25 years of service.
  • Payment Options: While benefits are normally paid to you as an annuity, there are a number of payment options that allow you to provide benefits to your surviving spouse or other beneficiary.

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Effective January 1, 2019, full-time employees hired on or after January 1, 2019, shall, at the end of the first year of employment, have a choice to elect to participate in New York University's Retirement Plan for Members of the Faculty, Professional Research Staff and Administration ("NYU Retirement Plan"), subject to the terms of the Plan, or participate in the Staff Pension Plan and the NYU STDA Plan. Those employees who choose to participate in the NYU Retirement Plan are not eligible for the Staff Pension Plan nor the STDA Plan.

Summary Plan Descriptions (SPDs)

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IRS Employee Contribution Limits for STDA: 2021
Under age 50 $19,500
Age 50 or older $26,000

Questions?


Questions about the NYU Staff Pension Plan?

Contact the NYU Pension Service Center at Aon by calling toll free 855-632-5016, Monday through Friday, from 9:00 am to 5:00 pm ET for information about the Plan.