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Why do I have to participate in either the Teacher Retirement System (TRS) or Optional Retirement Program (ORP)?

April 26, 2017ORP participate program retirement system Teacher TRS

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Why do I have to participate in either the Teacher Retirement System (TRS) or Optional Retirement Program (ORP)?

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Texas state law requires all benefits-eligible employees of Texas public higher education and independent school districts to participate in the Teacher Retirement System or TRS by default. Full-time faculty and certain other employees of higher education institutions can elect the Optional Retirement Program or ORP in lieu of TRS.