RETIREMENT SAVINGS
BASICEMPLOYER CONTRIBUTIONS UCOFFERSTHE FOL OWNI G RETIREMENT CONTRIBUTIONSINLIEUOFCONTRBIUTING TO SOCIAL SECURITYA. S STATE OF OHIO PUBLICEMPLOYEES, EMPLOYEESWILLNOT CONTRIBUTETO SOCIAL SECURITY.
OPTION 1: OPERS: OHIO PUBLIC EMPLOYEERETIREMENT SYSTEM*
□ AVAILABLE TO FULL-TIME DANPART-TIME EMPLOYEES □ VESTING SCHEDULE APPLIES □ UC CONTRIBUTION: □ 11.5% - DEFINED CONTRIBUTION PALN □ 14% - DEFINEDBENEFIT PLAN □ 12% - COMBINED PLAN □ EMPLOYEE MANDAT ORY CONTRIBUTION – 10%
PLAN INFORMATOIN
OPTION 2: ARP: ALTERNATIVE RETIREMENT PLAN*
□ AVAILABLE TO FULL-TIME (100% FTE) EMPLOYEES □ DEFINED CONTRIBUTION PLAN □ IMMEDIATE VESTIGNSCHEDULE □ UC CONTRIBUTES 11.56% OF EMPLOYEE’S ELIGIBLE PAY □ EMPLOYEE MANDAT ORY CONTRIBUTION – 10%
ARP PLAN ADMNI ISTRATORS
□ AXA
TIAA VOYA
□ FIDELITY
*MUST ELECT UC RETIREMENT OPTI ON IN FIRST 120 DAYS. ELECTI ON IS IRREVOCABLE.
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