Choosing Between ASRS and ORP
To: Classified Staff
From:
Division of Human Resources
Subject: Choosing Between ASRS and ORP
Date: Nov 05, 2019
Classified staff who transition to University Staff will have a one-time opportunity* in February 2020 to either remain in the Arizona State Retirement System (ASRS) or switch to the Optional Retirement Plan (ORP).
Join us for a webinar on November 20 to learn about the ASRS and ORP. We will discuss:
- How retirement benefits are determined
- Vesting
- Distribution options
- The impact of transitioning from ASRS to ORP
- When and how to make your choice
Register below:
Please email your questions in advance to hrsolutions@email.arizona.edu.
A recording of the session will be posted on the UCAP website. A PDF comparison of the ASRS plan and the ORP is available now.
*Appointed Professionals have already had the opportunity to select either ASRS or ORP and will not have the option to change retirement plans.