ORP is a defined contribution plan governed by Internal Revenue Code Section 403(b).

Eligible employees are notified of their ORP eligibility at the time of their initial employment.

Eligibility is strictly determined by the job you perform and is not based on years of service or salary level. 要符合参加ORP的资格，雇员必须：

(1) initially be appointed on a full-time, continuous basis for 4 1/2 months or more; and

(2) 被任命为有资格参加ORP的职位.

Employees who are eligible to participate in a 退休计划 who are not eligible to participate in ORP must participate in the 德克萨斯州教师退休制度（TRS）.

以下是一些符合orp资格的职位：

• Faculty members whose duties include teaching and/or research as a principal activity
• Faculty administrators responsible for teaching and researching faculty
• 专业图书馆员
• 首席和高级行政官员
• Specialized professional positions (such as physicians, engineers, and attorneys)
• 体育教练和主管
• 辅导员受到和教师一样的待遇

You have 90 days from the date you first become eligible for the ORP to make your enrollment decision. If you are reclassified and/or assume a new job and become ORP-eligible for the first time after your initial employment date, the 90-day election period begins on the day your reclassification becomes effective.

The decision to enroll in ORP is a once-in-a-lifetime, irrevocable decision.

要加入ORP，请遵循以下步骤：

1. 从授权的金融服务提供商中选择您的金融服务提供商 供应商列表 .
2. 完整的 the appropriate provider application(s) to open an account(s) with that provider(s).
3. 完整的 TRS Form 28 (Notice to Elect to Participate in Optional 退休计划) 与赌博平台福利代表在我们的 赌博平台人力资源福利办公室 .
4. 与福利代表会面后，登录 UT退休经理 点击ORP注册/更改页面，选择您的ORP提供商.
5. 在你第一次扣除ORP之前, mail all completed provider applications to the designated address on the applications.

If you wish to decline enrollment into the ORP, you must complete and submit the ORP确认表格 prior to your enrollment deadline and send it to the 赌博平台 好处 office.

没有完成上面列出的所有其他注册步骤.

You will remain in the Teacher 退休 System (TRS) for the duration of your career in Texas Public Higher Education.

Vesting refers to a participant’s ownership of employer “matching” contributions. 授权发生在参与第二年的第一天, 哪一天是13年的第一天^th 积极参与的一个月.e.，以扣款方式供款). The vesting period is sometimes referred to as “a year and a day of ORP participation.

Active (contributing) participants are not permitted to withdraw any ORP contributions or net earnings (unless they are at least age 70 -1/2), 包括以前受雇期间的供款.

Annuity at the time of retirement is based on the performance of investment funds.

ORP participants are responsible for monitoring their selected companies and investments.

Federal tax law prohibits 403(b) plans from providing disability benefits. ORP participants who transition to a non-ORP-eligible job title without meeting the vesting guidelines will be placed in the TRS program indefinitely. There will not be an opportunity to return to ORP participation for the duration of any Texas Public Higher Education employment.

ORP供款是通过扣减工资的方式支付的.
Contributions and any net earnings are not subject to federal income tax until the funds are withdrawn or paid as a retirement annuity.

Contribution rates are set by the Texas Legislature and are as follows:

选择性退休计划（ORP） 获取更多资源和信息.