FAQ

Retirement contributions to the 403(b) Retirement plan (both voluntary and mandatory plans) are based on pay received. As pay increases, employee contributions increase.  Participants of the mandatory 403(b) retirement plan will also receive increased University contributions. 

Any benefit that is based on annual pay will be impacted. Examples include supplemental life insurance and disability insurances. No other benefits will be impacted by this increase. 

Regular faculty and regular full time and part time staff, along with Notre Dame student hourly workers, who are employed by the University will benefit from this pay increase.

Faculty and staff need to be employed by Notre Dame by July 31, 2022. “Employed” here for regular faculty is understood to mean that a fully executed appointment agreement is in place for the current fiscal year or upcoming academic year.

The effective date for the staff pay change is August 1, 2022, and for faculty, it will occur with their first pay for either the fiscal year or the academic year depending on their contract. Student hourly workers will see a change in pay effective with the start of the academic year. 

Eligible employee categories are:

• Full-time, benefits eligible staff
• Part-time staff
• Regular faculty (as defined by the Academic Articles)
• Undergraduate and graduate hourly student workers

Temporary/on-call employees are not eligible for this increase.