ARP Vendor Change Deadline Is December 15
Faculty and staff who participate in the Ohio Alternative Retirement Plan (ARP) can change their ARP vendor once per calendar year. ARP participants can transfer all or part of their ARP account balance from one vendor to a new vendor during this enrollment period. Be aware that the transfer of any portion of an account balance may result in early withdrawal fees and/or penalties.
If participants want to change their ARP contributions to another state-approved vendor for the 2010 calendar year, an ARP Vendor Change Form should be completed and submitted to the Office of Human Resources (OHR) by December 15. The vendor change will be effective January 1, 2010.
A list of ARP vendors is available online at hr.osu.edu/benefits/rb_arp. The ARP Vendor Change Form is available at hr.osu.edu/forms/#retirement.