Mandatory Retirement Plans - Appointed Personnel
Appointed Personnel (including faculty, administrators, and academic/service
professionals and excluding non-pharmacy clinical assistants, graduate
assistants, students, and FICA-exempt employees) who are employed at least
50% time for at least 20 weeks in a fiscal year are required to participate
in a retirement program.
- Appointed Personnel (except for Public Safety Personnel and Federal
employees)* are required to participate in either the
Arizona State Retirement System or
Optional Retirement
Plan (ORP).
- ORP-eligible employees have 30 days from the date they first become
eligible for the ORP to make an irrevocable retirement plan election.
If a retirement plan election is not made within the 30-day election
period, retirement plan participation will default to the ASRS.
- To compare the ASRS and ORP plans, go to
Retirement Plans Comparison
(PDF).
- To enroll, go to
Retirement Plan Enrollment
* Eligible public safety personnel should contact their department regarding
the
Public Safety Personnel
Retirement System. Eligible federal employees
should contact their department regarding retirement plan options.
Annual Maximum Contribution and Compensation Limits
|
