Choosing Between ASRS and ORP

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Choosing Between ASRS and ORP

To: Classified Staff

From:

Division of Human Resources

Subject: Choosing Between ASRS and ORP

Date: November 5, 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.

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