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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Considering this, do Princeton employees get free tuition?

After five years of benefits-eligible service, employees may be eligible to receive a tuition grant under the Children’s Educational Assistance Plan for half of their eligible child’s tuition and mandatory education fees up to $20,150 for the 2021-2022 academic year.

In this way, 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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