Retirement
 

RWJBarnabas Health Retirement Savings Plan

At RWJBarnabas Health, we believe that Wellbeing starts with you. because when you thrive, so do those we serve. We understand that planning for your future is important, and today, we’re making that easier for you. We believe it’s our responsibility to help you build a more secure financial future because building and sustaining a healthier New Jersey starts with you—our incredible employees. Thank you for all the work you do in service of our mission. For more information about your Retirement Plan, please click here.

Employees who are covered by a collective bargaining agreement should check with their local Human Resources team or union leadership to understand how these changes may apply.

Employee Contributions

Employees are automatically enrolled with a 3% employee contribution approximately 30 days after they begin employment with RWJBarnabas Health.

Employer Contributions

RWJBarnabas Health is proud to provide an employer-matching contribution of 50% of the first 6% you contribute to your 401(k) Plan.

Additionally, RWJBarnabas Health may offer a non-elective contribution on an annual basis. This contribution will range from 0-6% of annual compensation excluding overtime and bonus pay, depending on our system financial results. This contribution is non-elective, meaning that regardless of whether you contribute to your Retirement Savings Plan, you will receive this contribution annually at the beginning of each year. In order to receive this contribution, you must work at least 1,000 hours in the calendar year and be employed on the last day of the plan year.

You must have 3 years of at least 1,000 eligible hours to be vested in the employer contributions.