All OHSU postdoctoral scholars are eligible for participation in the 457(b) Postdoctoral Scholar Retirement Plan. The plan includes a 3% pre-tax contribution paid by OHSU to your 457(b) plan. The contribution is made in August. Contributions are based on salary earned from the first payday in July through the last payday in June. Beginning FY19, 457(b) Postdoctoral Scholar Retirement Plan contributions are paid by the employee's funding source.
Employee paid contributions to the 457(b) Postdoctoral Scholar Retirement Plan count towards the annual IRS limit. If necessary, the voluntary contributions will be adjusted to comply with the limit.
For more information, please refer to the Postdoctoral Scholar Retirement Plan page on O2.