West Virginia University Hospitalsâ€“East offers a retirement savings plan* for all eligible employees 21 years of age or older.
Employees may elect to contribute pre-tax savings to a 401(k), up to $15,500 annually. WVUH-East will contribute an amount equal to 50% of employees' contributions, up to 2% of their annual salary.
WVUH-East may contribute an amount each year that is a percentage of the employee's annual base pay (employer discretionary non-elective contribution). Employees are eligible for this contribution after meeting the eligibility requirements.
Employees are always 100% vested in the accumulated value of their employee pre-tax contributions.
Employee matching and employer discretionary nonelective contribution are vested as follows:
Employees elect to invest their money from the following options:
The service provider for the plan is Great-West Retirement Services.