Retirement Cuts

July 18, 2012
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You recently received notice from UF's HR office that the employer contribution to ORP retirement plans will be reduced by 2.28 percentage points, approximately a 30% cut. If you are in ORP, this will cost you many thousands of dollars in retirement benefits. ... Continue Reading →

Legislative Update: Serious Cuts to ORP Benefits

May 07, 2012
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We regret to report that on April 27, 2012, Governor Scott signed HB5005 cutting state contributions to ORP retirement plans by 2.28 percentage points, roughly a 30% cut, a cut that will cost most ORP participants tens and possibly hundreds of thousands of dollars in retirement benefi ... Continue Reading →
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