Finance and Operations

Optional Retirement Plan Open Enrollment period underway through March 1

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The annual open enrollment period for active participants of the State Optional Retirement Program (State ORP) is currently underway through March 1, 2025.

During this time, ORP participants may change their state ORP service provider or, if eligible, may elect to participate in the South Carolina Retirement System (SCRS).  

Changing your ORP Provider

During open enrollment, you may change between one of the four service providers:

  • Corebridge Financial
  • Empower
  • TIAA
  • Voya Financial

Employees wishing to change service providers should log in to their Member Access account and select the option to change providers during the open enrollment period.  

Electing to Participate in the South Carolina Retirement System (SCRS) 

Employees are eligible to change from the State ORP to SRCS during the open enrollment period if at any time between January 1 and March 1, 2025, it has been at least one year, but not more than five years, since the date of their initial enrollment in State ORP (i.e., initial enrollment between January 1, 2020, and March 1, 2024).  

To elect to participate in SCRS, complete section 1 of Form 1100 and submit it through the ORP Submission Portal by March 1, 2025. 

Enrollment in SCRS is irrevocable and cannot be changed. 

For more information on the ORP open enrollment process, visit PEBA’s website

Contact Benefits or PEBA with additional questions.