UT Human Resources and Talent Development

/depts/hr/

 Welcome

/depts/hr/

Contact Us

Scott Park Campus
Academic Services, Suite 1000

Hours: 8:30 a.m. to 5 p.m.
Phone: 419.530.4747
Fax: 419.530.1490

HRTD@utoledo.edu

Retirement Systems

Eligible full-time employees may enroll in either the State System-State Teachers Retirement System (STRS) for faculty and Ohio Public Employee Retirement Systems (OPERS) for all other staff, or both groups have the option to choose the Alternate Retirement Plan. For OPERS, STRS or ARP Vendor contact information please refer to the following:

 

UT to STRS/PERS

UT to ARP

Employee

STRS

14.00%

 

12.00% 

PERS

14.00%*

 

10.00%*

STRS/ARP

4.50%

9.50%

12.00%

PERS/ARP

  .77%

13.23%*

10.00%*

*Effective 01/01/2009

Employee contributions are "deducted" by the University from the employee's gross pay and paid directly to the retirement systems, thereby enabling employees to defer current federal and state taxes on this income.

Members of the STRS, PERS, or ARP who leave University employment may withdraw their retirement contributions. The University’s contributions are vested after five years. This means that if the contributions are left on deposit, STRS or PERS members will receive a pension at retirement age. For ARP members, vesting is immediate.

Last Updated: 3/22/15