Does Princeton University have a pension Plan?

The Princeton University Retirement Plan (PURP) is a tax-qualified defined contribution savings plan. The University makes contributions to the PURP on an employee’s behalf, and these contributions are invested in the investment options that participants select.

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In this way, what are tuition benefits Princeton?

If you have one year of benefits-eligible service and take classes for credit at accredited institutions, you can obtain a reimbursement of 85 percent of your tuition and mandatory undergraduate and graduate educational fees under the University’s Staff Educational Assistance Plan.

Beside this, what are tuition benefits? Tuition reimbursement (also known as tuition assistance) is an employee benefit through which an employer pays for a pre-determined amount of continuing education credits or college coursework to be applied toward a degree. … These benefits are widely available, although under-utilized.

Herein, what is a qualified educational assistance program?

A qualified educational assistance program is a plan established and maintained by an employer under which the employer provides educational assistance to employees. … The program must be a separate written plan of the employer.

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