You may supplement your employer contributions by making pretax contributions to your voluntary ORP account. Employees may contribute by salary reduction an amount not to exceed the percentage contributed by the university currently 5. You may also be eligible to contribute additional catch-up contributions if you meet the following conditions.
Please consult with your financial professional to discuss your personal voluntary contribution limit. The following funds are available in your retirement plan.
They provide you with the flexibility you need to create a suitably diversified portfolio that matches your personal retirement time horizon, investment risk tolerance and investment preferences.
The prospectus contains the investment objectives, risks, charges, expenses and other information about the respective investment companies that you should consider carefully before investing. Please read the prospectus carefully before investing or sending money.
You can also request a copy by calling Individuals Login Employers Login. Cancel Continue. Print verison of plan highlights for the Florida ORP. Voluntary contributions You may supplement your employer contributions by making pretax contributions to your voluntary ORP account.
It is not a matching plan. Participants are immediately vested in the plan. The amount of your benefit at retirement is determined by the contributions made to your account and the performance of your investment choices. Contributions are directed into an individual account, and you will be able to decide how to allocate the contributions among various investment funds.
Retirement Contributions are limited by the IRS. More information. The plan is funded through the following contributions: Employer Funded Contribution: 5.
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