Adopted by President’s Cabinet 3/26/19
Regular faculty members and administrative officers who are employed at least half time time (20 hours) or more as defined in The Policy Manual of the Board of Regents of the University System of Georgia with less than 10 years of creditable service under the Teachers Retirement System of Georgia as of July 1, 1990, and who are eligible for membership in the Teachers Retirement System shall be eligible for the Optional Retirement Plans offered by the University System of Georgia. The faculty member or administrative officer must elect to participate in either the Teachers Retirement System or the Optional Retirement Plan within sixty days of the employment date. Any employee failing to make this election in sixty days of hire will be defaulted to TRS. As with the Teachers Retirement System, the employee and the employer both contribute to the Optional Retirement Plan.
Effective July 1, 2008, all newly-hired benefit-eligible exempt staff are eligible to choose between the TRS and ORP. (Non-exempt benefit-eligible staff must participate in TRS.)