Office of Human Resources - Benefits News

2008 Benefits Open Enrollment

The annual Benefits Open Enrollment will be from 8am Monday, August 11, through 5pm Friday, September 5, 2008. Watch for important information about plan design and provider changes.

Elections made or changed during this period will take effect October 1, 2008. The Office of Human Resources will sponsor a vendor fair in Tempe and informational sessions on each campus to answer any questions.
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ORP Phased Retirement Program

The Arizona Board of Regents has approved a new, voluntary Phased Retirement Program for Optional Retirement Plan (ORP) participants with AIG Retirement, Fidelity or TIAA-CREF.  The program, which takes effect July 1, 2008, allows vested participants age 62 or older to gradually transition into retirement—with the consent of their Deans or Vice Presidents.
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Arizona State Retirement System to Lower Contribution Rate

Effective July 1, 2008 the ASRS contribution rate will be reduced to 9.45%. Visit ASRS’s announcement for more information.