{"id":583,"date":"2022-03-30T15:07:06","date_gmt":"2022-03-30T20:07:06","guid":{"rendered":"https:\/\/wp.uthscsa.edu\/annual-enrollment\/?page_id=583"},"modified":"2025-07-15T10:34:19","modified_gmt":"2025-07-15T15:34:19","slug":"retirement","status":"publish","type":"page","link":"https:\/\/wp.uthscsa.edu\/annual-enrollment\/retirement\/","title":{"rendered":"Retirement"},"content":{"rendered":"

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Teacher Retirement System (TRS)<\/h2>\n

TRS<\/a> is a defined benefit retirement plan in which all eligible employees of The University of Texas System are automatically enrolled in on their first day of employment. You are vested after five years of service with a right to a retirement benefit. Find new TRS Member Education Videos<\/a> here or schedule Live Video Counseling Sessions<\/a> with a TRS Counselor at 1-800-223-8778. Overview of TRS Benefits<\/a>.<\/p>\n

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Optional Retirement Program (ORP)<\/h2>\n

Employees are informed of eligibility to participate in the Optional Retirement Program (ORP)<\/a> at the time of employment. Eligibility is strictly determined by the job you perform and is not based on years of service or salary level. See the UT System ORP website<\/a> for more information on this benefit.<\/p>\n

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UTSaver TSA and UTSaver DCP<\/h2>\n

The UTSaver Tax-Sheltered Annuity (TSA)<\/a> and UTSaver Deferred Compensation Plan (DCP)<\/a> are voluntary retirement programs to which you can make pre-tax or after-tax contributions to help you save more money on your own so that you have the income needed to last throughout retirement.<\/p>\n

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Are you ready to retire?<\/h3>\n

There are many key factors to consider leading up to your official retirement date. The Pre-Retirement Checklist can guide you as you make the transition into retirement.<\/p>\n

One condition of UT insurance eligibility is formal retirem\u200bent under the Teacher Retirement System of Texas (TRS) or the Optional Retirement Program (ORP). Before you get started, you must establish your eligibility as a retired employee to receive any UT Retired Employee insurance benefits.\u00a0Find eligibility information for UT retiree insurance on the\u00a0Eligibility Flowchart<\/a>.\u200b<\/p>\n

Retirement eligibility and eligibility for UT benefits insurance as a retired employee are not the same. Please see the appropriate contacts listed under the Pre-Retirement Checklist for information on how to retire under TRS or ORP.<\/p>\n

Questions?<\/h3>\n

Contact your supervisor or the Office of Human Resources – Benefits at\u00a0benefits@uthscsa.edu<\/a>\u200b.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_column_text]<\/p>\n

UT CARE Medicare PPO effective Jan. 1, 2023, for Medicare eligible retirees and dependents<\/strong><\/h2>\n

Changes are coming to the UT System’s health insurance plan offered to retirees. Watch a recorded presentation and Q&A about the changes<\/a> or find complete details on the UT System Medicare website<\/a>.[\/vc_column_text]\n

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Resources<\/h2>\n <\/div>\n
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