Eligible employees of the University System of Georgia participate in one of two qualified retirement plan options: (1) the Optional Retirement Plan/Regents Retirement Plan – a defined contribution plan; or (2) the Teachers Retirement System of Georgia – a defined benefit plan. The plan year for the Optional Retirement Plan, or Regents Retirement Plan, is a calendar year (January 1 – December 31). The plan year for the Teachers Retirement System of Georgia is a fiscal year (July 1 – June 30). The limits listed below should be determined based on the plan year; calendar year for ORP and fiscal year for TRS.
Attached is the flyer from the Board of Regents discussing the 2016 retirement limits.