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Professional Retirement ORP

If you belong to one of the Optional Retirement Plans (ORP's) including TIAA-CREF, VALIC, METLIFE, and ING you belong to a defined cotribution plan. These plans offer a number of methods of withdrawing monies after retirement. I recommend you have a one on one counseling session with your plan representative prior to retirement. All plan representative websites and phone numbers may be accessed via the benefits directory. If you belong to TIAA-CREF I recommend calling the Office of Human Resources at 585-395-2126 to request a packet of TIAA-CREF "Preperation for Retirement Package" be sent to you.

The following link will take you to a tier beakdown which specifies your benefits based on your membership date and requirements for retirement:

Tier Breakdown

 

Vesting Requirements

  • There is a 366 day vesting requirement for all ORP's.