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THE UNIVERSITY OF TEXAS SYSTEM OPTIONAL RETIREMENT PROGRAM (ORP)US 8049906v.3 THE UNIVERSITY OF TEXAS SYSTEM OPTIONAL RETIREMENT PROGRAM TABLE OF CONTENTS 1.DEFINITION OF TERMS USED .......................................................................................1
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Go to the website www.utsystem.edu/optional-retirement-program
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The Optional Retirement Program is for individuals who are affiliated with the University of Texas System and wish to contribute to a retirement plan. It is available for faculty, staff, and other eligible employees of the university system. This program allows participants to save for retirement with the help of employer contributions and tax advantages.
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The Optional Retirement Program at the University of Texas System is a retirement plan available to eligible employees.
Employees who meet the eligibility requirements are required to enroll in the Optional Retirement Program.
To enroll in the Optional Retirement Program, employees must complete the necessary forms and submit them to the appropriate office.
The purpose of the Optional Retirement Program is to provide employees with a retirement savings plan in addition to their regular pension benefits.
Employees must report their personal and employment information, as well as their desired contribution amounts.
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