Teachers Insurance and Annuity Association – College Retirement Equities Fund is a Fortune 100 financial services organization that is the leading retirement provider for people who work in the academic, research, medical and cultural fields. TIAA–CREF serves 3.7 million active and retired employees participating at more than 15,000 institutions and has $501 billion in combined assets under management . Much of TIAA–CREF operates on a nonprofit basis, with surplus returned to participants. TIAA–CREF is headquartered in New York City in the United States and has... major offices in Denver, Colorado; Charlotte, North Carolina; and Dallas, Texas; as well as seventy local offices throughout the U.S.. In 2011 TIAA–CREF ranks 87th on Fortune's list of the 500 largest corporations in America. TIAA–CREF was created to replace the system of free pensions provided by Carnegie Corporation for professors.
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