Colorado State University
Student Financial Services

 

 

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STUDENT EMPLOYEE RETIREMENT PLAN (SERP)
Requirements for Exemption

Undergraduate students

  • An officially admitted student enrolled at least half-time during that particular assessment period (6 RI credits each semester for the academic year/3 RI credits for summer).
  • Graduate students

  • An officially admitted student enrolled at least half-time during that particular assessment period (5 RI credits each semester for the academic year/3 RI credits for summer).
  • Students must be registered by the census date for each term in order to be exempt.

    A list of students who will have SERP/Medicare withheld will be available through the Oracle HR/Payroll system to employers each term. Affected students must complete a TIAA/CREF application and will have a total of 8.95% (7.5% SERP and 1.45% Medicare) withheld from gross earnings for each pay period worked.