Retirement

Retirement Information

State Retirement Systems for New Hires

SERS - The School Employees Retirement System of Ohio

Choices Booklet

Retirement Plan Election Form

Contact Information

STRS - State Teachers Retirement System of Ohio

Choices Booklet

Retirement Plan Election Form

STRS-ARP Comparison

Contact Information

Supplemental Retirement Plans

As an employee of an educational institution, you have the option of participating in a Tax-Sheltered Annuity (TSA) program as authorized by Section 403(b) of the Internal Revenue Code.

The University has also adopted a Deferred Compensation Plan as authorized by Section 457(b) of the Internal Revenue Code. This plan is available in addition to the 403(b) plan, with contribution maximums for each plan. Through these programs, you can shelter a portion of your compensation from federal and state income taxes, to purchase supplemental retirement benefits. This amount, with accumulated interest and dividends, is not subject to federal or state income taxes until it is withdrawn (usually at retirement). There are restrictions and/or penalties on early withdrawals.

Approved Tax-sheltered Annuities For more information including salary reduction agreement, contact information, and plan administration, please see the Approved Tax-Sheltered Annuities details.