Helping You Be Prepared
2024-2025 Benefits Overview Guide
As part of the Duquesne family, eligible faculty and staff members enjoy comprehensive benefits that help you take care of yourself and your family. These include medical, dental, flexible spending counts, life insurance and long-term disability.
You can support your physical, mental and financial health by taking advantage of our on-campus workout facility, wellness programs and tuition benefits. We also care about your future—as an employee, you'll be immediately 100% vested into a retirement plan.
Use the virtual assistant in the enrollment platform to compare benefits. Duquesne University is committed to employee financial well-being, offering a retirement
plan that helps employees prepare for and build long-term financial security. The Roth 403(b) is a part of the University's retirement plan and provides eligible
employees with an option to make voluntary contributions on an after-tax basis. What is a 457(b) plan? The University also offers a 457(b) Retirement plan for eligible employees. This plan
is a non-qualified, tax advantaged, deferred compensation retirement plan that is
used to provide an additional opportunity for pre-tax contributions for eligible employees. Department of Labor regulations require the University to provide detailed information
about investment options and expenses associated with these investments.Take Action: Review the Benefits Overview Guide to learn more about our Benefits.
Covered illnesses include:
Plan Features and potential payout:
United Concordia offers a nationwide network that makes it easy to find an in-network
dentist.
Learn more about your dental plans, and find an in-network dentist, by visiting United Concordia's dedicated Duquesne University Corner.
Where do I get my medication?
Use your resources to help save on prescription drug costs.
Take time out to get to know your prescription benefits.
To assist employees in providing these types of protections the University offers
term life insurance and accidental death and dismemberment coverage at no cost to
eligible employees.
The University also offers supplemental life insurance for yourself, your spouse and eligible children. You may elect additional coverage
up to the guaranteed issue amount without providing evidence of insurability (health
condition information).
The University has partnered with Highmark, UPMC and The Center for Pharmacy Care
to offer this program.
Members can earn Wellness in Motion Dollars for each wellness activity that is completed.
Highmark PPO members receive Wellness in Motion Dollars in a health reimbursement
account (HRA). Dollars in this account are automatically applied to medical deductibles
and co-insurance.
UPMC EPO members receive Wellness in Motion Dollars on on UPMC Consumer Advantage
debit card. Participating members will receive this card shortly after the start
of the plan year. This card can be used for services that go toward the deductible
and co-insurance.
Employees and their participating spouse can each earn up to $300 in Wellness in Motion
Dollars.Retirement Plan
Duquesne University's Match Contribution
The University offers a match. Eligibility for the match is based on employment status
as outlined in the chart below.
Retirement Eligibility
Log In or Enroll in Retirement Plan
Yes, the Duquesne University plan will accept rollovers from other pre-tax sources.
What is the maximum amount that I can contribute?
Federal tax law limits the amount you can contribute. The limit for calendar year
2023 is $22,500 with an additional $7,500 catch-up for those age 50 and above.
Are the any other voluntary contribution options?
Yes, employees have the ability to contribute their own money to a University sponsored
Roth 403(b) Plan. Eligible employees have he option of electing after-tax contributions
through payroll deductions into the Roth 403(b) voluntary contribution option under
the Duquesne University 403(b) Defined Contribution Retirement Plan.
Are there any loan features associated with the Duquesne University Retirement Plan?
Yes, employees may take a maximum of two loans based on all accumulations.
The salary threshold to participate in this plan must meet the IRS definition of a
highly compensated individual. For 2024 the IRS definition of a highly compensated
individual is $155,000.
For more information about this plan please reach out to the Benefits Office or a
TIAA financial advisor at 800-732-8353.
Qualified Default Investment Alternative (QDIA) Initial Notice
Summary Annual Report
2021 Duquesne University 403(b) Retirement Plan Summary Annual Report
Summary Plan Description
Duquesne University 403(b) Defined Contribution Retirement Plan Summary Plan Description
Universal Availability
Duquesne University 403(b) Retirement Plan Universal Availability
Plan and Investment Notices
TIAA Plan and Investment Notice
Valic Plan and Investment Notice
The disclosure gives plan participants a complete picture of all the funds and associated
expenses available. The disclosure is for informational purposes only.
The information includes: