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Enrollment

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Enrolling in a retirement savings plan is easy. Review this information to learn how you can start saving today.

Enroll at Hire

Get started right away by taking advantage of three great savings options: Pre-tax, After-tax, and Roth. These accounts are designed to give you an immediate vehicle for retirement savings. You may enroll in any of the options after you receive your first paycheck.

After One Year of Service

After one year of service in a benefits-eligible position, you will be eligible to receive two types of university contributions: basic and matching. Stanford rewards you with a basic contribution based on your salary and years of service. And, if you enroll and make contributions of your own, you become eligible for matching contributions from Stanford. Over time, your contributions, along with Stanford's, add up to a powerful savings tool.

Auto-Enrollment in the SCRP

All new hires will be automatically enrolled at a 4% Pre-tax contribution rate 60 days from their date of hire. This only applies to employees who have not made any contribution elections. For example, if you make a contribution election earlier than 60 days of hire, you will not be automatically enrolled. Once you reach your one-year anniversary, your contributions will be eligible for university matching contributions. 

To see if you have been auto-enrolled, log in to My Retirement Savings

When Contributions Start

You may change your contribution elections at any time, although they are subject to SCRP payroll deadlines.

PAY PERIODDEADLINE TO ENROLL OR CHANGE CONTRIBUTIONWHEN CONTRIBUTIONS BEGIN
1st through the 15th of that month

5 p.m. P.S.T. on the 10th of the month.

NOTE: If the deadline day falls on a holiday or weekend, the deadline is the prior business day.

On the paycheck issued on the 22nd of the month
16th through the end of that month

5 p.m. P.S.T. on the 25th of the month.

NOTE: If the deadline day falls on a holiday or weekend, the deadline is the prior business day.

On the paycheck issued on the 7th of the following month