The annual open-enrollment period for participants in the VRS-administered Optional Retirement Plan for Higher Education ends October 31.
ORPHE participants have a choice of two providers: DCP (VRS investment options record-kept by Voya Financial) and TIAA. Employees considering a change can compare provider features, services and investment options before making their selection.
Help Employees Make Informed Decisions
Advise employees who are considering switching providers to use the ORPHE Provider Options chart to review fees, services and plan features.
Template announcement and reminder emails are available on the ORPHE employers webpage to help you communicate open-enrollment information to employees. You can customize the templates and share key dates, deadlines and resources with ORPHE participants.
Prepare for January Changes
After open enrollment closes, ensure any provider changes are reflected accurately beginning with the first pay date in January. Visit the ORPHE employers webpage for additional instructions on acknowledging provider changes, as well as open-enrollment resources, provider information, recorded presentations and communication templates.
