Starting early has its advantages
You are required to contribute 8% of your Covered Monthly Salary on a tax-deferred basis to the Defined Contribution Plan.
The University will contribute an amount equal to 12% of your covered monthly salary to the DCP accounts of Regular and Special appointees of half-time or greater from date of appointment, and Temporary Academic Faculty and Administrative Professionals, Post Doctoral Fellows, Veterinary Interns, and Clinical Psychology Interns of half-time or greater appointment after one year of continuous service at that level.
To complete one year of service, a 9-month employee must complete two consecutive semesters of continuous 1/2 time or greater employment (excluding summer term) and a 12-month employee must complete 12 months of 1/2 time or greater employment. An interruption in continuous appointment requires the eligible employee to complete one year of service again before CSU will provide the employer match to the DCP.
You are always 100% vested in your employee contributions and employer contributions.