What is the optional Retirement Program, or ORP?
In 1994, public higher education faculty and some staff were given the option of participating in the Optional Retirement Program, an alternative to the Massachusetts State Employees’ Retirement System. But many MTA members who initially opted to participate in the ORP became dissatisfied, and a grassroots movement to allow them to transfer to the MSERS began. In 2011, the Pension Reform Act was passed. As a result of efforts by MTA members, Section 60 of the act provides public higher education faculty and staff with a one-time opportunity to transfer from the ORP to the MSERS.