Welcome to ORP

​​The Optional Retirement Plan (ORP), a governmental defined contribution plan qualified under Section 401(a) of the Internal Revenue Code, is available to eligible institutions of higher learning teaching and administrative faculty in Mississippi. This alternative plan is structured to be portable and transferable to accommodate teaching and administrative faculty who move from one state to another throughout their careers.

Deciding between ORP and PERS

  • PERS Service Retirement Guide

    The Optional Retirement Plan Overview was created to help employees make the decision between joining ORP or the Public Employees' Retirement System of Mississippi (PERS). Once made, this decision is irrevocable, so take a few minutes to read through the guide. Then, if you have questions, talk to your Human Resources Department for specific information regarding participation in ORP. 

    Optional Retirement Plan Overview​



Form 4E ORP, Election/Vendor Selection
Form 4S ORP, Vendor Selection Change


Form 8 ORP, Summary of Wages and Contributions
Form 9 ORP, ORP Authorization

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Understanding ORP

ORP Plan Document
Processing ORP-Eligible Employees

Investment Vendors

Click links below for more information about each vendor's performance, investment management, and expense information.




ORP-Applicable Regulations

Click links below to read PERS Board Regulations that are applicable to the Optional Retirement Plan.

33 - Value of maintenance

60 - Contribution rates

65 - Earned compensation


Contact your vendor (above) for account information. Contact your Human Resources Department (below) for specific information regarding participation in ORP or for authorization of distribution from your account upon separation from employment.