Contributions to Retirement Plan

All employees participating in a retirement plan contribute a percentage of their wages as specified by the plan.  This contribution is deducted from the employee’s paycheck and is tax deferred.  The University of Montana also contributes a specified percentage on the employee’s behalf to their retirement plan.

Paid sabbatical leave is, for retirement purposes, regarded as a continuation of regular employment for which the University of Montana must deduct the employee contribution to the retirement system as well as make the employer contribution, consistent with Montana Law.