How to Enroll: 457(b) Plan
The 457(b) plan is an employee funded retirement plan. All employees currently earning or expected to earn $200,000 during the current year are eligible to participate in this plan. Contributions are made by you and deducted from your paycheck. TIAA-CREF is the only investment option that offers this plan. There are two steps to enroll in the 457(b) Retirement plan.
Step #1: Email Benefits at tubenefits@tulane.edu to obtain the paper form to establish an account with TIAA-CREF.
You may also schedule a one-on-one with a TIAA-CREF representative who can walk you through the process of establishing an account and provide guidance with the investment options. Contact information to schedule a one-on-one with TIAA-CREF may be found here.
Step #2: Login to HCM Employee Self-Service via Gibson Online to enter the amount you would like to contribute.
- Login to Gibson Online using your Tulane username and password.
- Under the Faculty or Staff tab, select "HCM Self-Service."
- Enter your single sign-on username and password (Tulane username and password).
- Under "Tulane Employee Self-Service" link click on "Benefits."
- Accept the Legal Disclaimer and select "Next."
- Review your Dependents and Beneficiaries and select "Next."
- Select the appropriate program. In this case, select "TU Retirement" and select "Next."
- To enter your 2019 retirement contributions, click on "Update Benefits."
- For the 457(b) plan, enter your annual contribution for 2019 under the "Coverage" field. Remember, any changes are made in real time and will be effective for the next pay period. For the 457(b) plan, the 2019 rate is $19,000. Use the link below to learn how contributions are calculated in HCM.
- Click "Recalculate" to see your new "Pre-Tax" contributions per pay period.
- If you agree with the amounts shown under the "Pre-Tax" and "Annual Cost" fields, click "Accept." If not, repeat steps 10 and 11.
- Click "Confirmation Statement" either to save a PDF copy or to print a confirmation.
- Print the "Salary and Tax Deferral Agreement."
- Click "Finish" to complete your retirement updates.
- Click "Logout" located on the top right corner of the screen to exit HCM Self-Service.
- Click under your name on the top right corner of the screen then select "Sign Out" to exit Gibson Online.
