Defined Contribution Plan
The Alternative Retirement Plan (ARP) - Retirement income from the ARP plan is determined by your account balance at the time of retirement, which is comprised of your employee contributions (5% of salary), the State System contributions (9.29% of salary) and any investment earnings based on the performance of the investments you choose. Participants are 100% vested from date of enrollment. Employees may enroll in any of the two available vendors, Fidelity and TIAA. Browse below for more information.
Click the participating vendors below to learn more about the investment choices, options, and enrollment with each vendor:
**Effective July 1, 2018, VALIC is no longer an approved ARP vendor. View the VALIC website for questions through June 30, 2018.
Alternative Retirement Plan Document
Summary Plan Description