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Get the free Alternate Retirement Program (ARP) - CalHR - CA.gov

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Cash Balance Benefit Program Election Instructions SECTION 1: EMPLOYEE Information may elect coverage by an alternative retirement plan, including Social Security, offered by your employer in lieu
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How to fill out alternate retirement program arp

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How to fill out alternate retirement program arp

01
Obtain the necessary forms for the Alternate Retirement Program (ARP) from your employer.
02
Fill in personal information such as name, address, social security number, and contact details.
03
Choose your investment options based on the provided list.
04
Indicate the percentage of your salary you wish to contribute to the ARP.
05
Review the completed form for accuracy and sign where required.
06
Submit the form to the appropriate department or person designated by your employer.

Who needs alternate retirement program arp?

01
Employees who want to save for retirement through additional contributions beyond their regular pension or 401(k) plan.
02
Employers who want to offer their employees an additional retirement savings option.
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Alternate Retirement Program (ARP) refers to a retirement plan available to certain employees in place of the traditional pension plan.
Employees who are eligible for the ARP option are required to file for the program.
Employees can fill out the ARP enrollment form provided by their employer to participate in the program.
The purpose of ARP is to provide employees with a retirement savings vehicle that offers more flexibility and control over their investments.
The ARP form typically requires information such as personal details, salary information, investment choices, and beneficiary designation.
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