Duke Faculty & Staff Retirement Plan

Duke Faculty & Staff Retirement Plan is s single-employer defined corporate pension based in Durham, North Carolina. Established in 1925, the plan provides benefits to employees of Duke University. It is a defined benefit plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. Fidelity Investments Institutional Operations Company (Fidelity), The Vanguard Group (Vanguard), The Variable Annuity Life Insurance Company (VALIC), and Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF) are collectively referred to as the custodians. The plan's assets are managed by the Duke Management Company (DUMAC).