Alternative Retirement Program. (ARP). Full-time (100% FTE) Bargaining Unit members appointed after June 23, 1998 can elect to participate in the Ohio Alternative Retirement Plan (ARP). Eligible members may make a one time irrevocable election to opt out of the State Teachers Retirement System (STRS) or the Ohio Public Employees Retirement System (OPERS) and participate in the ARP. The election must be made within ninety (90) days of the date of hire.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
Alternative Retirement Program. (ARP). Full-time (100% FTE) Bargaining Unit members Faculty Members appointed after June 23, 1998 can elect to participate in the Ohio Alternative Retirement Plan (ARP). Eligible members may make a one one- time irrevocable election to opt out of the State Teachers Retirement System (STRS) or the Ohio Public Employees Retirement System (OPERS) and instead participate in the ARP. The election must be made within ninety (90) days of the date of hire.one hundred twenty
Appears in 1 contract
Sources: Collective Bargaining Agreement