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Human Resources – Employee Benefits
201 W. Sheridan, Bldg. A
San Antonio, TX 78204-1429
Phone: (210) 485-0200
Fax: (210) 486-9074

NOTIFICATION OF EMPLOYEE RESPONSIBILITIES UNDER TEXAS ORP

1. Selection of the Optional Retirement Program (ORP) in lieu of the Teacher Retirement system of Texas (TRS)
entails certain responsibilities for the eligible employee, including selection and monitoring of ORP companies
and investments.

2. The employing institution has no fiduciary responsibility for the market value of ORP participant investments
or for the financial stability of the ORP companies chosen by the participant.

3. The ORP election period shall begin on the 1 day of employment in an ORP-eligible position and shall end
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on the date the employee makes an ORP election or the 90 calendar day of employment in an ORP eligible
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position. Paperwork electing ORP in lieu of TRS must be received in Human Resources (HR) by the 90 day.
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After the 90 calendar day of employment the paperwork will not be processed. The employee will remain
in TRS. The employee must submit the following paperwork when electing ORP:

• Vendor documents with appropriate signatures/dates relating to the establishment of an ORP account
• Election to Participate in Optional Retirement Program (ORP) form
• TRS 28 (Election to Participate in Optional Retirement Program and/or Refund form)

AN ELECTION OF ORP IS IRREVOCABLE. An eligible employee who fails to elect ORP during the ORP election
period shall remain in TRS and will not be eligible to elect ORP in lieu of TRS while employed in higher
education in the state of Texas.

4. After electing to participate in ORP, the employee may request the return of any contributions from
TRS. There will be no matching state contributions for the returned funds.

5. My first day of employment/eligibility for the ORP is __/__/2019__. I must select ORP in lieu of TRS and
turn in all the required paperwork to Human Resources no later than _____/__/2019__ at 5:00 p.m.

I acknowledge that I have been informed of my opportunity to elect to participate in the ORP. I have read and
understand the above statements concerning certain responsibilities that an employee undertakes upon
selection of the ORP in lieu of the TRS. I have been provided with a copy of this form for my records.

Employee Name: ________________________________ SS No: _______________ Banner ID:_______________
please print legibly
Position Title: __________________________ Department: ________________ Campus:__________________

Employee Signature: _________________________________________________ Date: ____________________

Instructions: Complete, if first-time offer or applicable/ sign this form, keep a copy, submit to your HR Benefits Representative.

orp notification form 02052014
EMPLOYEE COPY
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