Overall Rating Bronze - expired
Overall Score 36.09
Liaison Susan Dorward
Submission Date Aug. 5, 2011
Executive Letter Download

STARS v1.1

Raritan Valley Community College
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Susan Dorward
Sustainability and Energy Coordinator
Facilities and Grounds
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes

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A brief description of the socially responsible investment option for retirement plans:
Socially-responsible investment options are available through the Alternate Benefit Plan, through which employees can choose one of many investment companies, at least some of which have socially responsible investment options. For example, AXA Equitable has their EQ/Calvert Socially Responsible investment fund. Participation in a state administered retirement system is mandated by state law. Raritan Valley Community College employees may be eligible to participate in: PERS Public Employees Retirement System: http://www.state.nj.us/treasury/pensions/pers1.htm ABP - Alternate Benefit Plan PERS is a Defined Benefit Plan retirement benefits are based upon a formula using years of pension-credited service and final average salary (FAS). ABP is a Defined Contribution Plan offered to faculty and certain administrators. Retirement benefits are based upon investment earnings. The following investment carriers are available to ABP members, as well as for supplemental retirement annuities (SRAs) and the ACTS program. AIG-VALIC 450 Headquarters Plaza Morristown, NJ 07960 1-800-448-2542 www.americangeneral.com/prilabel2003/njabp.nsf/contents/home AXA Financial / Equitable 333 Thornall Street, 8th Floor Edison, NJ 08837 866-786-0856 www.equitable.com/nj The Hartford 303 Lippincott Center, Suite 122 Marlton, NJ 08053 800-243-7782, ext. 207 www.retire.hartfordlife.com/ ING Life Insurance and Annuity Co. 581 Main Street, 4th Floor Woodbridge, NJ 07095 877-873-0321 www.ingretirementplans.com/custom/njabp Teachers Insurance and Annuity Association/College Retirement Equities Fund TIAA/CREF 730 Third Avenue New York, NY 10017 800-842-8412 www.tiaa-cref.org MetLife (formerly Travelers/CitiStreet) Met Life of Connecticut 581 Main Street, 6th Floor Woodbridge, NJ 07095 1-800-545-0108 or (732) 602-0500 http://www.metlife.com/about/corporate-profile/affiliates/index.html See http://www.raritanval.edu/admin/HR/Benefits/retirement.html for more information.

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The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
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