Retirement

The University offers a 403(b) retirement plan (Loyola Marymount University Defined Contribution Retirement Plan) with tax deferred and after-tax Roth features. The University contribution to the retirement plan (Transamerica) is 9.5% of the participant's regular salary, provided the participant contributes at least 5%. Vesting is 100% upon enrollment.

Full-time faculty and staff members are eligible to participate in this plan immediately and may join as soon as administratively feasible. Part-time and temporary employees may participate in this plan, but with no University match (unless they have completed a consecutive 12-month period of not less than 1,000 hours of service).

View the Summary Plan Description (SPD) for your 403(b) retirement plan with Transamerica.

Transamerica

Angela Horvat is our Dedicated On-site Transamerica Retirement Planning Consultant. She is an LMU alumna (Class of 1998), a certified Retirement Plan Counselor (CRPC), has her General Securities License (Series 7) and is fluent in English and Spanish.

Angela is located in Human Resources, University Hall 1900. Her appointment schedule is 8 a.m. - 3 p.m. every weekday except Wednesdays (full-time at Loyola Law School). You may contact her at angela.horvat@transamerica.com or 310.338.5316 (x85316).

Verify your payroll deductions, retirement plan elections and designated beneficiary by logging in to your Diversified account at lmu.trsretire.com.

Contact Transamerica

888.676.5512 - Live Person: Mon - Fri, 5 a.m. – 6 p.m. PT
800.755.5801 - Automated Phone System: 24 hours hours a day, 7 days a week.