Changes to UC Alternative Retirement Plan (ARP) and 403(b)

Plans will be effective on Oct. 1, 2020

The Investment Election window opened on Monday, Aug. 17, and will close on Sept. 19, 2020. Virtual town hall sessions are scheduled over the next few weeks to be held via WebEx. Participants are encouraged to review materials sent to their home as well as attend a WebEx town hall session. An on-demand, recorded version of the WebEx is also available.

As a reminder, the ARP is an offered alternative to the state retirement system (OPERS/STRS), and the university’s 403(b) is available for supplemental retirement plan savings. Changes to the ARP and the 403(b) include reducing the number of approved vendors in order to reduce plan and investment expenses as well as streamlining investment options so that enrollees can better create diversified investment portfolios and track fees.

For more information, refer to the 2020 ARP and 403(b) Retirement Plan Changes page on the Bearcats Landing intranet.


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