Welcome to the Optional Retirement Plan
The Optional Retirement Plan (ORP), a governmental defined contribution plan qualified under Section 401(a) of the Internal Revenue Code, is available to eligible institutions of higher learning teaching and administrative faculty in Mississippi. This alternative plan is structured to be portable and transferable to accommodate teaching and administrative faculty who move from one state to another throughout their careers.
Deciding between ORP or PERS?
Forms and Procedures
For reporting periods before July 1, 2013
For reporting periods after July 1, 2013
Click below for more information about each vendor's performance, investment management, and expense information.
Contact your vendor (above) for account information. Contact your Human Resources Department (below) for specific information regarding participation in ORP or for authorization of a distribution from your account upon separation from employment.
Alcorn State University