Faculty Retirement - 7 - Optional Retirement Program 1

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Faculty Retirement - 7 - Optional Retirement Program 1

The Optional Retirement Program is a defined contribution plan, which provides a benefit based on your account balance at the time of retirement.  The ORP is a 403(b) Plan.  Your ORP account is made up of contributions from the University and any accumulated investment earnings.  The growth of your account balance will determine the benefit received upon retirement.  

Each year, the University contributes a certain percentage of your salary to your ORP account, as determined by law.  The current contribution rate is 7.25% of your annual salary, which is processed over 20 pay cycles from approximately August to May.

updated 7/23/2015

 EDIT 

   New Employee Orientation

    - Tenure Track Faculty
1) Welcome to SU
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2) Campus Overview - Objectives
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3) Campus Overview - Great Place To Work
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4) Campus Overview - Salisbury University Background Info
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5) Campus Overview - Organizations
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6) Campus Overview - Mission
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7) Campus Overview - Core Values
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8) Campus Overview - EEO/AA
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9) Campus Overview - Institutional Equity Website
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10) Campus Overview - Policies
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11) Campus Overview - Org Chart
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12) Campus Overview - EE Services and Info
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13) Campus Overview - Gull Card
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14) Campus Overview - Parking
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15) Campus Overview - Campus Map
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16) Campus Overview - Payroll Website
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17) Campus Overview - Dining Options
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18) Campus Overview - Library, Bookstore, ATM
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19) Campus Overview - Salisbury Area Info
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20) Campus Overview - Green Campus
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21) Campus Overview - Smoke Free Campus
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22) Campus Overview - University Police
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23) Campus Overview - Occupational Safety
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25) Campus Overview - Sustainability
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26) Campus Overview - HR Mission
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27) Campus Overview - HR Website
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28) Campus Overview - Employee Discounts
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29) Campus Overview - Wellness
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30) Campus Overview - Employee Recognition
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31) Campus Overview - The Directory
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32) Health and Retirement Benefits
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33) Health Benefits - Intro
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34) Health Benefits - Affordable Care Act
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35) Health Benefits - Affordable Care Act
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36) Health Benefits - Medical Intro Guide
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37) Health Benefits - Medical Intro Guide
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38) Health Benefits - Medical Intro
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39) Health Benefits - Medical General Info.
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40) Health Benefits - Dependent Documentation
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41) Health Benefits - Medical PPO
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42) Health Benefits - Medical EPO
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43) Health Benefits - Wellness Program
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44) Health Benefits - Behavioral Health
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45) Health Benefits - Rx CVS Caremark
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46) Health Benefits - Dental
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47) Health Benefits - Flex (FSA)
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48) Health Benefits - Term Life
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49) Health Benefits - AD&D Insurance
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50) Health Benefits - LTC-Prudential
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51) Health Benefits - Unum
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52) Health Benefits - Unum
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53) Health Benefits - Unum
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54) Health Benefits - Unum
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55) Health Benefits - Unum
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56) Health Benefits - Unum
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57) Retirement - General
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58) Retirement - General
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59) Retirement - State Retirement & Pension System
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60) Retirement - State Retirement & Pension System
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61) Retirement - State Retirement & Pension System
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62) Retirement - State Retirement & Pension System
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63) Retirement - State Retirement & Pension System
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64) Retirement - State Retirement & Pension System
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65) Retirement - State Retirement & Pension System
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66) Retirement - Optional Retirement Plan
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68) Faculty Retirement - Optional Retirement Program
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69) Faculty Retirement - Optional Retirement Program
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70) Faculty Retirement - Optional Retirement Program
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71) Faculty Retirement - Optional Retirement Program
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72) Retirement - ORP Vendor Contact Info.
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73) Supplemental Retirement Accounts
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74) Supplemental Retirement Accounts
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75) Supplemental Retirement Accounts
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76) Faculty Other Benefits - Leave
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77) Faculty Other Benefits - Tuition Remission
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78) Faculty Other Benefits - Employee Assistance Program - INOVA
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79) Conclusion
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