| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 58.76 |
| Liaison | Krista Bailey |
| Submission Date | July 29, 2011 |
| Executive Letter | Download |
Pennsylvania State University
Tier2-3: Socially Responsible Retirement Plan
| Status | Score | Responsible Party |
|---|---|---|
|
0.25 / 0.25 |
Lydia
Vandenbergh Assoc. Dir. Employee Engagement & Education Sustainability Institute |
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
Full-time and part-time* Faculty and Staff are eligible to participate in one of two retirement plans: State Employees Retirement System (SERS) or Teachers Insurance and Annuity Association/College Retirement Equities Fund (TIAA–CREF).
If the employee selects TIAA-CREF, they can select to invest in that organization's Social Choice Equity (TICRX) mutual fund. This fund seeks a favorable long-term rate of return that tracks the investment performance of the U.S. stock market while giving special consideration to certain social criteria.
*Part-time Faculty and Staff are eligible to participate in one of the two retirement plans once they have worked 750 hours in a given calendar year.
The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.