Optional Retirement Plan (ORP)
For employees in positions requiring a minimum of a Bachelor's Degree Summary:
*Available to Faculty and Administrative Staff employed on or after July 1, 1996.
The ORP is a defined contribution program.
Employees contribute 6.33%.
The University pays 8.74%.
The ORP offers immediate vesting and portability.
Employees have 30 days from initial employment to elect the ORP.
If no election is made, you are automatically enrolled in KTRS.
The ORP does not offer disability retirement or retiree group medical insurance. The ORP providers are:
TIAA CREF
Five Concourse Parkway Suite 2700
Atlanta GA 30328-6104
1-800-842-2003
VALIC
2919 Allen Parkway
Houston TX 77019
1-800-448-9033
ING
150 Fourth Avenue North
Suite 410
Nashville, TN 37219
1-800-975-2259
