The University has temporarily suspended the 6% employer matching contribution to University 403(b) Retirement Plan effective August 3, 2020
Pepperdine has partnered with a leading financial institution to help employees save for retirement by contributing into their 403b accounts (similar to 401k, but for non-profit organizations). Pepperdine generously contributes 4.0% to each eligible employee automatically, and further matches employees' contributions up to 6.0% of their salary.
Note: Employer contributions are only for employees 26 years of age or older with at least one year of service at the University.
Pepperdine also provides a Retiree Health Plan that is intended to assist employees in meeting their medical expenses and those of their family during their retirement years. Funding for these benefits is through Retiree Health Accounts established during their working years.
Access Pepperdine's Retirement Plan Web page.
Access the Retiree Health Plan Summary Plan Description
Retirement Plan Committee
2020 Quarterly Plan Review Reports