Skip to main content Skip to main content

Retirement Plans

Metropolitan State University of Denver helps you save for your retirement by offering two mandatory plans for eligible employees.

The Defined Contribution Retirement Plan (DCRP) Retirement Plan for the Four
State Universities in Colorado covering eligible employees at:

Adams State University;

Metropolitan State University of Denver; and

Western State Colorado University

Effective May 1, 1994, the governing board for the four universities listed above, authorized the Defined Contribution Retirement Plan (DCRP) as a replacement for the Colorado Public Employees Retirement Association’s (PERA) Defined Benefit retirement plan.  All four universities currently contribute 11.4 percent and the eligible participant contributes 8 percent of covered earnings (i.e., all regular salary paid to a participant by the employer) each year to the participant’s account of the selected Fund Sponsor (DCRP Investment Company).  As soon as contributions are made to one of the three companies, they become 100 percent vested within the participant’s account.

Under this DCPP plan, the participant is responsible for making investment decisions through funds offered by the three professional investment companies contracted with to service this DCRP.  Those three investment companies are:

Fidelity Investments


Participants should visit the websites to gain information about each investment company and to review all funds that are available.  The company Micro-Sites listed below should help each new (or active) eligible DCRP participant choose one of the vendors.  A participant can change contributions to one of the other two investment companies during each fall open enrollment.  However, they can only have contributions going to one company at a time.

Micro-Site addresses:

Fidelity Investments:



(NOTE-Remember to complete your beneficiary information with your selected vendor.)


Eligibility Information

You are eligible to participate in the DCRP if you are a benefits eligible employee of any one of the four participating state universities in Colorado as defined by that universities’ Handbook or Policy Manual.  New eligible hires, who have no PERA service credit will be required to enroll in the DCRP.  All newly eligible employees must complete the New Hire Election Form within 30 days of your hire date.

If your position is not benefits eligible or you have a per-credit/per-term faculty contract, or are a State Classified employee, you will be required to participate in the PERA Defined Benefit Plan.

New Eligible Hire with PERA Service Credit:  If, through previous employment, you have at least one year of PERA service credit being held in PERA’s accounts, you must make a choice whether to participate in PERA or the DCRP within 30 days of your appointment to an eligible position. If you have less than one year of PERA service credit, you are required to participate in the DCRP.

If you are eligible and choose PERA, you will have no further opportunity to participate in the DCRP. If you choose to enroll in the DCRP within the 30-day time period and had a choice of enrolling in PERA, you will give up certain rights and benefits under PERA and will have no further option to participate in PERA while employed in an eligible position. These are one-time, irrevocable elections which you should consider very carefully.  For eligible participants who must make this choice, you should review the Investment Company Micro-Sites listed above along with information from PERA’s website (

New eligible hires have 30 days to either select PERA defined benefit (if they maintain one-year service credit with PERA) or the DCRP as their mandatory retirement plan.  If they select the DCRP, they must also select one of the three Investment Companies listed above within this 30 day window.  The selected DCRP Company will send the new employee a welcome kit and assist with the selection of funds to invest in.  If no fund selection is made, all contributions will be invested in the “Target Date Fund” that is based on the employees date of birth.  


DCCP Booklet / DCPP Form / DCPP Contact Information











PERA Contact Information

Phone: 1-800-759-7372

Monday - Thursday

7:00AM - 5:30PM (MT)


7:00AM - 4:30PM (MT)







PERA 401(k) and 457
Enrollment in PERAPLUS 401(k) and 457 voluntary retirement savings plans is available at any time. Both plans offer the same PERA advantage investment options and Voya Financial is the record-keeper for both plans

PERA 401(k) Contribution Form


Voluntary 403(b)
You may contribute to a voluntary 403(b) supplemental retirement account. Fund Sponsors include:

Retirement-403b Salary Reduction Agreement Form



Phone: 1-800-343-0860



Phone: 1-800-842-2252

Phone: 1-800-732-8353 to set up an in person meeting at MSU

*** To setup account please contact fund sponsor***



Edit this page