Overall Rating Bronze - expired
Overall Score 40.97
Liaison Joseph Argiro
Submission Date Sept. 12, 2013
Executive Letter Download

STARS v1.2

Central Ohio Technical College
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Jackie Parrill
Vice President for Institutional Planning & Human Resources
Human Resources
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes

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A brief description of the socially responsible investment option for retirement plans:
Ohio public institutions do not participate in the federal Social Security system, therefore, employees have a choice to make regarding your retirement plans. Eligible faculty will be enrolled in the State Teachers Retirement System (STRS-OH) unless he/she choose an Alternative Retirement Plan (ARP). Eligible staff will be enrolled in the Ohio Public Employees Retirement Plan (OPERS) unless he/she choose the Alternative Retirement Plan (ARP). Faculty who are not eligible to choose the ARP will automatically be enrolled in STRS-OH. Staff who are not eligible to choose the ARP will automatically be enrolled in OPERS-OH. Ohio Public Employees Retirement System (OPERS) - State retirement plan for staff. State Teachers Retirement System of Ohio (STRS-OH) - State retirement plan for faculty. Alternative Retirement Plan (ARP) - Alternative retirement plan option for eligible faculty or staff in lieu of OPERS or STRS. Supplemental Retirement Accounts (SRA) - Eligible faculty and staff can use a SRA for saving additional money toward retirement income in addition to the state plan. SRAs allow you to enhance your retirement plan savings through voluntary pre-tax contributions and include the Deferred Compensation Program (457 plan) and Tax-Deferred Accounts (403(b) and 403(b)7 plans). COTC approved SRA vendors are listed below: Ohio Deferred Compensation - 457(b) ING-Financial Services - 403(b), 457(b) TIAA-CREF - 403(b), 457(b) AIG Retirement - 403(b), 457(b) Ameriprise Financial - 403(b)

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The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
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