Transcription of Alternate Retirement Program (ARP) - California
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Alternate Retirement Program (ARP) - California
(11/11) State of CaliforniaThe Alternate Retirement Program (ARP) is a Retirement savings Program for certain employees hired on or after August 11, 2004. Eligible employees are automatically enrolled for their fi rst two years of employment with the State of California . ARP provides up to two years of Retirement savings in lieu of Retirement service credit under the California Public Employees Retirement system (CalPERS). The Department of Personnel Administration s Savings Plus Program (Savings Plus) administers Does ARP Work?What is ARP?Phase IAll information contained in this booklet was current as of the print date. The Plan reserves the right to amend any of the procedures or plan provisions as outlined in this booklet or in the Plan Document.
he Alternate Retirement Program (ARP) is a retirement savings program for certain ... • Member of the Judges’ Retirement System, Judges’ Retirement System II, Legislators’ Retirement System, California State Teachers’ Retirement
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