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Alternate Benefit Program (ABP)

Plan Overview

The Alternate Benefit Program (ABP) is a defined contribution plan where retirement benefits are based on investment earnings.


  • Regularly appointed faculty
  • Visiting professors
  • Part-time lecturers
  • Managerial, Professional, Supervisory, Confidential and Administrative staff
  • Employees holding "F" or "J" visas are not eligible to enroll.

Employee Contribution

5% of base salary made on a pretax basis

Employer Contribution

8% employer match of employees’ base salary up to an annual salary of $175,000 ($14,000) based on the state of NJ regulation


Immediate or one-year delayed vesting

Criteria for Immediate Vesting

A new employee who already owns a retirement contract containing employer and employee contributions due to higher education employment or a new employee who is an active or vested member of another state-administered retirement system in the U.S. is considered vested.

How to Enroll

Complete the following forms:

Please return the completed forms to your Human Resources department

Newsletter Highlights

Third Quarter 2018 Newsletter

Fourth Quarter 2018 Newsletter

First Quarter 2019 Newsletter

Second Quarter 2019 Newsletter

Third Quarter 2019 Newsletter

Second Quarter 2020 Newsletter

Third Quarter 2020 Newsletter

First Quarter 2021 Newsletter

How to Retire

Retirement Seminar

If you are contemplating retirement within the next 6 months, consider attending a retirement seminar. You can enroll online by selecting the "Employee Benefit and Work-Life Programs" menu option.