William & Mary

Updates to the Optional Retirement, 403(b) and Cash Match Plans

Full Description

The university is in the process of opting out of the Virginia Retirement System Optional Retirement Plan for those employees who participate in the ORP. Employees who participate in one of the VRS defined benefit pension plans are not impacted by the change to the ORP.

Employees in the Optional Retirement Plan will be able to make new investment choices beginning January 3, 2018. Likewise, employees who participate in the 403(b) and Cash Match Plans will also have new investment choices available to them in 2018.

Optional Retirement Plan Update

403(b) and Cash Match Plan Update