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Ohio Public Employees Retirement
System (OPERS) - State retirement plan for staff.
State Teachers Retirement System
of Ohio (STRS-OH) - State retirement plan for
faculty.
Alternative
Retirement Plan (ARP) - Alternative retirement plan option for
eligible faculty or staff in lieu of OPERS or STRS.
Supplemental
Retirement Accounts (SRA) - Eligible faculty and staff can use a SRA
for saving additional money toward retirement income in addition to
the state plan. SRAs allow you to enhance your retirement plan
savings through voluntary pre-tax contributions and include the
Deferred Compensation Program (457 plan) and Tax-Deferred Accounts
(403(b) and 403(b)7 plans).
You
may enroll or make changes at any time during eligible employment by
completing a Salary Reduction Agreement Form.
Contributions will begin on the pay date you designate on the
SRA
form or the next pay after receipt in the Office of Human Resources
(OHR). You must activate an account by directly contacting the
SRA
vendor you choose.
COTC approved SRA vendors are listed below:
Returning
Retirees - For information regarding employees returning to employment at the
college after retiring from COTC please contact Sherry Abbott, Human
Resources Generalist, Employment/Benefits at
cabbott@cotc.edu
or (740)364-9550.
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