October is the Optional Retirement Plan for Higher Education (ORPHE) Open Enrollment Period

October is Open Enrollment for participants of the Optional Retirement Plan for Higher Education (ORPHE). The two providers available to plan participants are Fidelity Investments and TIAA-CREF. For information on the providers visit their websites at www.fidelity.com/atwork and www.tiaa-cref.org.

Participants can change their provider by completing the Provider Change Form 52kb and sending it to Human Resources, MSC 7009. An enrollment form and beneficiary form also must be completed unless there is an existing ORPHE account with the provider.

In making your selection, you should be aware that Fidelity Investments’ and TIAA-CREF’s plan administration and record keeping fees are embedded within most fund expense ratios. Review fund prospectuses or other disclosure documents for more information about investment management fees, short-term trading fees and/or the investment restrictions for the funds you are considering. To learn more about the various fees and expenses associated with the providers’ programs contact provider representatives at:

Fidelity Investments
1(800) 343-0860 Contact Center & IVR

TIAA-CREF
1(800) 842-2776 Contact Center
1(800) 842-2252 IVR

The change of provider you make during Open Enrollment will be effective for ORPHE contributions sent to the provider on your behalf on or after January 1. In order for a provider change to take place, your signed Provider Change form and Enrollment and Beneficiary forms for your new provider must be received by Human Resources by close of business on October 30.