The California State University is making important changes to the Tax Sheltered Annuity (TSA) Program which will be effective April 1, 2016. The most significant change is the consolidation from five vendors (i.e. TIAA-CREF, VALIC, MetLife, ING/VOYA, and Fidelity) to one sole vendor, Fidelity Investments. The CSU is working directly with Fidelity Investments and the State Controller’s Office to ensure a smooth transition for participants. Employees will receive additional communications directly from the CSU and Fidelity Investments regarding the transition, plan options, timelines and where to find more information.

• Save the Date – Tax Sheltered Annuity (TSA) Program In-Person Transition Workshop: February 17th from 10:00 am to 12:00 noon and 1:30pm to 3:30pm in Human Resources. (located on the 3rd floor in the UPD building at S. 7th St. & E. San Salvador St.)
• Dedicated Website for CSU Tax Sheltered Annuity Plan changes: www.netbenefits.com/calstate
• Coming Soon: Transition Guide to include changes, dates and investment options.