Retirement Savings Eligibility - Employer Contributions
Retirement Savings Plan
Eligibility for Immediate Participation
The one-year eligibility waiting period for the employer contributions to your retirement savings plan may be waived if all of the following conditions are met by your most recent employment:
(1) employed for a minimum of one year at an institution of higher education
(2) worked at least 1000 hours (per year) in a position that was not temporary, adjunct or student status
(3) separated from position within six months before the first day with Lewis & Clark
(4) the former employer made contributions to your retirement account
A letter from the prior employer is required to document waive eligibility. Generally, the Human Resources office can provide the documentation by using the following format. The letter can be faxed to 503.768.6233, sent by email to firstname.lastname@example.org, or snail mailed to the address below.
(Printed on College letterhead)
Lewis & Clark College
Attn: Human Resources, Benefits MSC 72
0615 SW Palatine Hill Rd.
Portland, OR 97219-7899
Dear Benefits Administrator:
This is to confirm that (employee’s name) was employed at (College or University) for the period of (beginning through ending dates). During this period, (employee’s name) worked at least 1,000 hours per year, in a position that was not temporary, adjunct or student status, and was the recipient of employer contributions to their retirement account.