Human Resources

ORP Open Enrollment Session

Wed, 11 Oct 2017 1:00 PM - 3:00 PM

Open Enrollment for the Optional Retirement Plan for Higher Education (ORPHE) runs October 1–31, with the change becoming effective January 1, 2018.  Open Enrollment allows participants to change providers and is the only time during the year that a participant may make this kind of change.  Changing providers is optional for participants.

You may choose from one of three providers:  DCP/Virginia Retirement System, managed by ICMA-RC, Fidelity investments or TIAA.  In order to make an informed decision regarding provider choice, use the ORPHE Provider Options Chart to compare services and plan features, as well as the Investment Performance & Fees to compare the costs you will be charged.  Visit the VRS ORPHE website for complete plan details.

On Wednesday, October 11, 2017, VRS will be offering an Open Enrollment Meeting for ORPHE Participants, in the auditorium at Memorial Hall, from 1:00 p.m. – 3:00 p.m.  VRS will provide a brief overview of the ORPHE plan, new and updated information resources, and investment options.  Additionally, a representative of each provider will speak about specific services and investments available to ORPHE participants.   

If you are not able to attend the open enrollment meeting on October 11, VRS is offering several webinars that will contain the same information.  Registration is required to participate in the webinars; please see VRS ORPHE website to register.

Human Resources must receive your signed Open Enrollment Provider Change Form and any provider-specific forms required by your new provider by close of the business day on October 31. Please see the Open Enrollment Notice for specific information on what is required by each provider.

Please contact a member of the Benefits Team at (540) 568–3593 or if you have specific questions.

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