What is ORP?
The Optional Retirement Program (ORP) is a defined contribution plan that is available as an alternative to the Teacher Retirement System (TRS) for full-time faculty, librarians, and certain administrators and professionals employed by Texas public institutions of higher education. ORP-eligible employees have 90 days from their first day of employment in an ORP-eligible position to make a one-time irrevocable election of ORP in lieu of TRS.
New ORP-Eligible Employees:
Read the Overview (provided by your institution and also below) as soon as possible. It contains information you need to know before your 90-day ORP election period expires. Your institution will provide you with a list of authorized ORP companies, local policies and procedures for electing ORP, and your employer contribution rate.
This webpage contains general information about ORP. Please contact your institution's Human Resources Office for specific information about the ORP plan at your institution.
Overview of TRS and ORP -- updated version coming soon
State Law and Rules
If you're not able to find an answer to your question on this webpage: Contact us
For ORP Administrators and Annual Report Preparers: