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403(b) Retirement Savings Plan

Children's Hospital of Philadelphia offers this plan as part of workplace benefits. Now is a great time to understand what is offered - think about taking advantage of any opportunities to save and invest for the future. 
Learn what plans allow eligible employees to do.
Contributions are automatically deducted from your salary. You can make a contribution from 1% to a maximum of 75% per paycheck, not to exceed $19,500 in 2021. The catch-up contribution limit for employees age 50 and over is $6,500. For more information, see the Summary Plan Description.


If you participate in the plan and work for CHOP for one year, you will automatically receive an employer matching contribution each payroll period. Starting in 2019, all participants will receive a CHOP matching contribution of $.50 for every $1 contributed, up to 6% of pay.
All non-union employees are eligible. Newly-hired employees as of July 1, 2019, are auto-enrolled into this plan at 6%, but changes to your salary deferral can be made at any time.
Vesting in this plan is immediate and applies to both the employee contribution and any CHOP matching contributions.

Learn which mutual funds and other investments are available

You can enroll now

Enroll or make changes in your plan(s) today