UT Retirement Manager (UTRM) - An on-line enrollment tool (please use Internet Explorer to access UTRM)
U.T. System offers the following retirement and financial planning programs. Retirement Programs, your future; your choice.
Employer Sponsored Retirement Programs
The State of Texas facilitates the building of retirement nest eggs through a mandate that all eligible employees contribute to an employer sponsored retirement program. The State further supports retirement savings by contributing a percentage of each participating employee’s salary to the same retirement system. Employer contributions vary based on the retirement system.
TRS is a defined benefit retirement plan governed by Internal Revenue Code Section 401(a). All eligible employees are automatically enrolled in TRS on their first day of eligibility. Retirement benefits are based on legislatively determined formulas. You are vested after five years of service with a right to a retirement benefit. There are also disability and survivor benefits available to TRS members.
ORP eligibility is based on the Texas Higher Education Coordinating Board job-based criteria. Not all employees are eligible for ORP. This program is a defined contribution plan governed by internal Revenue Code Section 403(b). Benefits are based on the performance of the investments selected and are controlled by the employee.
Work to build your future through 3 convenient salary reduction plans. (2013_403bNotice)Choose the amount of pre-tax or post-tax dollars that can comfortably be set aside. Enroll on-line using UTRM. Choose a provider from one of our 5 approved carriers. Save and watch your money grow. Please Note: If you make any changes in your contributions you will need to make the changes in Retirement Manager. If you need help please call the Benefit Services office (972.883.2131).
- Deferred Compensation Program (DCP) - 457 pre-tax deduction
- Tax Sheltered Annuity Program, 403(b) and 403(b)(7) pre-tax deduction
- Roth 403(b) post-tax
E-mail us at firstname.lastname@example.org or to speak with your Benefits Representative, click on the above Contact Us link. We strive to respond to calls and e-mails within one business day throughout most of the year. During our peak periods however, it may take two business days for us to respond. Peak periods include the start and end of each semester and the month of July.
Last Updated: September 24, 2013