Optional Retirement Plan, (VALIC or TIAA-CREF)
Public Retirement System of Idaho, (PERSI)
Supplemental Retirement Options
Employees are eligible for retirement benefits if they are working at least 20 hours per week and are expected to work at least five consecutive months. All benefit eligible Classified employees are required to enroll in the Public Retirement System of Idaho, (PERSI). All benefit eligible non-classified employees and faculty are required to enroll in the Optional Retirement Plan, (ORP), electing VALIC or TIAA-CREF as their retirement vendor. Non-classified employees and faculty who have previously vested with PERSI may elect to remain with PERSI rather then enrolling in the ORP.