Optional Retirement ProgramThe Optional Retirement Program ("ORP") is an alternative to the Massachusetts State Employees Retirement System for certain faculty and senior administrators at the Commonwealth's public institutions of higher education. ORP participants are not subject to tax on compensation under the Old Age, Survivors and Disability Income portion of the Federal Insurance Contributions Act. ORP is a defined contribution benefit plan. The State Board of Higher Education is the ORP Plan Administrator. Board of Higher Education The PDF files on this page require the free Adobe Acrobat Reader. |
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