Streamlined Array: Core Investment Funds include a broad range of carefully selected options designed to help you build a diversified investment portfolio. When you diversify your portfolio, or spread your savings across several asset categories, you are less dependent on the performance of a single investment. The University will continue to monitor the options in this tier for performance and fees compared to benchmarks and peers.
The funds in this tier represent many categories set by Morningstar, a research company that rates the performance of mutual funds, and fixed and variable annuities. Some Morningstar categories include: Large Growth, Long-Term Bond, Mid-Cap Value, Small Value, Diversified Emerging Markets, Foreign Large Blend, and World Bond. Morningstar classifies funds based on their investment styles, market capitalization, and asset mix as measured by their underlying portfolio holdings over the past three years. If a fund is new and has no history, Morningstar estimates where it will fall before assigning a more permanent category.
Enroll or Make Changes to Your Retirement Contributions
Current staff and faculty members can log in using single sign-on through my.pitt.edu.
- Log-in with your Pitt username and password
- Click the My Resources tab; then select Human Resources under the drop-down menu
- Click on Retirement Savings Plan Access on the right-side
Retirees and former staff and faculty members will log in at tiaa.org.
Your Updated Investment Menu as of March 16, 2018
These choices offer you flexibility to create a retirement portfolio that matches your investment preferences and goals. You can view all of the Streamlined Array: Core Investment Funds on pages 6 and 8 of the Streamlined Investment Menu Guide.
You can also learn more about all of the investment options at TIAA.org/pitt. Click on Investment options, then select View all investments to see the individual investment information.
How Current Assets and Future Contributions will be Invested After March 16, 2018
Effective March 16, 2018, existing balances in and future contributions to the current options will be discontinued and transferred to the new investment options in your plan account, as shown in the transfer strategy chart on page 10 of the Streamlined Investment Menu Guide. This chart shows discontinued investment options that were moved to similar funds in the new menu. Discontinued options that did not have a similar fund in the core investment funds were directed to age-based lifecycle/target retirement date funds.
Not sure which option is right for you? Let TIAA help. Contact them at TIAA.org/pitt.
Other Investment Strategy Tiers
Looking for something more hands-off or something for more experienced investors? Check out the other investment strategy tiers to learn more.