| Overall Rating | Bronze - expired |
|---|---|
| Overall Score | 40.97 |
| Liaison | Joseph Argiro |
| Submission Date | Sept. 12, 2013 |
| Executive Letter | Download |
Central Ohio Technical College
PAE-T2-6: Socially Responsible Retirement Plan
| Status | Score | Responsible Party |
|---|---|---|
|
0.25 / 0.25 |
Jackie
Parrill Vice President for Institutional Planning & Human Resources Human Resources |
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
Ohio public institutions do not participate in the federal Social Security system, therefore, employees have a choice to make regarding your retirement plans. Eligible faculty will be enrolled in the State Teachers Retirement System (STRS-OH) unless he/she choose an Alternative Retirement Plan (ARP). Eligible staff will be enrolled in the Ohio Public Employees Retirement Plan (OPERS) unless he/she choose the Alternative Retirement Plan (ARP).
Faculty who are not eligible to choose the ARP will automatically be enrolled in STRS-OH. Staff who are not eligible to choose the ARP will automatically be enrolled in OPERS-OH.
Ohio Public Employees Retirement System (OPERS) - State retirement plan for staff.
State Teachers Retirement System of Ohio (STRS-OH) - State retirement plan for faculty.
Alternative Retirement Plan (ARP) - Alternative retirement plan option for eligible faculty or staff in lieu of OPERS or STRS.
Supplemental Retirement Accounts (SRA) - Eligible faculty and staff can use a SRA for saving additional money toward retirement income in addition to the state plan. SRAs allow you to enhance your retirement plan savings through voluntary pre-tax contributions and include the Deferred Compensation Program (457 plan) and Tax-Deferred Accounts (403(b) and 403(b)7 plans).
COTC approved SRA vendors are listed below:
Ohio Deferred Compensation - 457(b)
ING-Financial Services - 403(b), 457(b)
TIAA-CREF - 403(b), 457(b)
AIG Retirement - 403(b), 457(b)
Ameriprise Financial - 403(b)
The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.