University of Virginia Library

SOCIAL SECURITY

Approximately fifteen members of the faculty are not members of the Teachers Insurance
and Annuity Association program, but belong to the State Retirement System. Having once been
eligible for TIAA, these faculty members have been ruled by social security authorities to be
ineligible under present regulations to participate in social security. The attorney for the
University has proposed the following resolution, which has been approved by the social security
attorneys, and which will lift this ban and enable these persons to join social security. Whereupon
the following resolution was adopted.

BE IT RESOLVED, by the Board of Visitors of The Rector and Visitors of the University of
Virginia that those positions held by members of the faculty of the University of Virginia at
Charlottesville, who do not as of the present date, hold annuity policies with the Teachers Insurance
and Annuity Association, are not and shall not be eligible for matching fund payments
made by the Board of Visitors of the Rector and Visitors of the University of Virginia to the
Teachers Insurance and Annuity Association.