Eligible employees of Loma Linda University Health can now make more money for retirement. Executive leaders recently increased the employer matching benefit maximum toward what employees personally contribute to Adventist Healthcare Retirement Plan (AHRP).
Loma Linda University Health employers will now match half of up to 6 percent that employees save toward retirement through AHRP. The previous maximum employer match was half of 4 percent.
As eligible employees increase their personal contribution up to 6 percent of their income, the employer matches half of the employee’s personal contribution. Eligible employees who contribute less than 6 percent to their AHRP account lose some or all of this additional 3 percent Loma Linda University Health would contribute under the recently increased matching benefit.
The employer-provided matching benefit is additional to the employer basic contribution to AHRP the organization already provides of 3 percent of an employee’s income — whether or not an employee chooses to personally contribute to AHRP.
Currently, AHRP is the most widely offered retirement plan across the Loma Linda University Health enterprise. It is available to eligible employees of the following entities: Loma Linda University Medical Center, Children’s Hospital, Behavioral Medicine Center, Murrieta and Shared Services.
Employees can download the flier below the image to learn more and maximize their AHRP account contributions. They can also contact their benefits representative with additional questions or visit the human resource management website.
