Retirement Plan with TIAA-CREF

USP contributes 10% of total cash compensation (salary and bonus) to each employee's account on a tax-deferred basis with immediate vesting. Contributions are made each pay period after one year of service and working 1000 hours.

Employees may make pre-tax contributions to the Supplemental Retirement Annuity (SRA) - 403(b). Contributions are on a pre-tax basis, and there is no waiting period to participate. The annual contribution in 2009 is $16,500 with an additional $5,500 for age 50 and over. There are 10 fund choices, and rollover from 401(k) funds is accepted.