Alternate Retirement Plan (ARP)

PLAN INFORMATION
The Pennsylvania State University offers this plan as part of workplace benefits. Now is a great time to understand what is offered - think about taking advantage of any opportunities to save and invest for the future. 
Learn what plans allow eligible employees to do.
Once you have elected to participate in the Penn State Alternate Retirement plan, a mandatory employee contribution of 5% of your gross salary is required and Penn State will contribute 9.29% of your gross salary.
 
IRS regulations required employers to restate their Plan Documents in 2020, which Penn State has done. To aid participants in understanding the features and rules associated with the various Penn State Retirement Plans, Summary Plan Descriptions have been created. The Penn State Alternate Retirement Plan (ARP) Summary Plan Description can be found under the Plan Forms & Resources section below.
You are eligible to participate if you are a full-time employee or work 750 hours in a calendar year as a part-time employee.
To obtain vesting information regarding this plan, contact TIAA at 800-842-2252.
EXPLORE OPTIONS
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Learn which mutual funds and other investments are available

You can enroll now
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Enroll or make changes in your plan(s) today

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