Enhancements are coming soon!
Beginning May 1, 2019, USG will introduce enhancements to the Optional Retirement Plan (ORP) and to the 403(b) and 457(b) voluntary plans. Although you aren’t actively contributing to the plan(s), your accounts may be affected. More information will be mailed to you in March.
What do these enhancements mean for you?
- Streamlined investment options with lower fees for certain options.
- Transfer of existing mutual fund balances to new investment options as shown in the Guide to New Investments inserts. Click on the inserts, located in the bottom right column of this page, to view the investment options today.
- No interruption to many systematic payments. If any action is required, you will receive a separate notice.
What can you do to prepare?
- Review the transition information that will be mailed to you in March 2019. This will include details on the new investment lineups and how your account balances will be transferred to the new lineups in May.
- For information regarding the retiree sessions this month click here On-Campus_Retiree_Information_Sessions.pdf
- Click below for a copy of the retiree session presentation. USG_Presentation_Retiree.pdf
Retiree Healthcare Contribution
For employees hired on or after January 1, 2013, the Employer Contribution for healthcare will be based on years of service with the University System of Georgia. Click below to see a chart of the contributions.
Pre-65 Retirees that qualify as a USG retiree, will continue their current USG medical, dental, vision and life insurance in retirement. If you have questions about your whether you qualify, then please contact your local HR office.
Remember to enroll in Medicare A & B at least 60-90 days before your 65th birthday to qualify to continue USG healthcare.
USG provides healthcare coverage to Medicare-eligible retirees through the Aon Retiree Health Exchange.
- Aon Retiree Health Exchange Medicare Insurance Guide
- Health Reimbursement Account (HRA) Information
- Recorded Presentation
USG Life, Dental and Vision Coverage
If you are currently enrolled in USG life, dental or vision coverage, you do not need to take any action in order to continue that coverage.
If you drop coverage under these plans, you cannot re-enroll.
For more information, view the 2019 Comparison Guide.↑ Top