Retirement Benefits

Retirement Benefits - Smiling retired couple outside looking at a picture on camera.

Resources

Retirement Related Forms
Request Appointment
Retirement Eligibility and Process
View the current monthly retiree premiums

Need Retirement Assistance?

Call 404.894.GTHR (4847)
Email retirement@ohr.gatech.edu
Request Support
Meet with a retirement vendor

Required Retirement Plans

All employees are required by an Act of the General Assembly of the State of Georgia to participate in a retirement program. The retirement options you have are determined by your non-exempt status. In addition to one of the required plans, Georgia Tech offers supplemental retirement saving plans. Your retirement plan selection is irrevocable.

Plan	Teacher's Retirement System (TRS)	Optional Retirement System (ORP)	Georgia Defined Contribution Plan (GDCP)
Eligibility	Regular faculty or staff working at least 50% or greater	Regular faculty or staff working paid monthly (exempt status)	Temporary, seasonal, or part-time employees (non-exempt)
Employee Contribution	Required 6% (fixed, cannot increase or decrease)	Required 6% (fixed, cannot increase or decrease)	7.5%
Employer Contribution	20.9% (New FY19 rate)	9.24%
Vesting	10-year period	Immediate
Notes	Allows 2% per year income replacement and disability retirement at 10 years of service (any age)	Service is provided through VALIC, Fidelity, or TIAA	Only provides coverage for Medicare — not Social Security
Selection	Eligible employees default into this plan	If you do not wish to default into TRS, access one of the above vendor's websites to create an account. Email account confirmation to retirement@ohr.gatech.edu.

Supplemental Retirement Plans

Employees have the option to enroll in a supplemental retirement savings plan, in addition to their required retirement savings plan. Two plans options are provided through AIG, Fidelity, and TIAA and are open to temporary and regular faculty and staff. You may start, stop, or modify contributions at any time.

Plan	403(b) Tax Sheltered Annuity	457(b) Deferred Compensation Plan
Type	A Roth 403(b) is available for after-tax contributions	Contributions to a 457(b) are pre-tax.
Employee Contribution	Employees may contribute up to $19,000 pre-tax for 2019 (additional $6,000 for age 50 and over)	Employees may contribute up to $19,000 pre-tax for 2019 (additional $6,000 for age 50 and over)
Establish Your Plan	To begin contributing to a 403(b), contact retirement@ohr.gatech.edu. The retirement team will alert you when you have been given access to Retirement Manager.	To begin contributing to a 457(b), contact retirement@ohr.gatech.edu. The retirement team will alert you when you have been given access to Retirement Manager.

Accessing your Supplemental Savings Plan

Retirement Manager is no longer available to make current changes to any supplemental retirement plans due to the current HCM transition. The new OneUSG platform is Retirement@Work, which houses the ORP and voluntary 403b and 457b supplemental plans. Visit the links below to learn more: