Electing to Leave ORP

Electing to Leave ORP

Eligible ORP participants can make an irrevocable election to leave ORP in order to join TRSL’s defined benefit plan. With this election, the participant will join the pension system as a brand-new member in the 2015 Plan. Please click the link for more information: TRSL Website

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Determine if you are eligible to switch by viewing the table below or visiting the TRSL webpage.

  One-Year Window Five-Year Window
Who is Eligible?
  • Current ORP participant whose first ORP-eligible employment occurred before August 1, 2020; and
  • Who is active and contributing as of June 2024
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Note: Must be eligible for TRSL participation at the time of the election.
  • ORP participant whose first ORP-eligible employment began on or after August 1, 2020; and
  • Who is active and contributing at the time of the election.

​​​​​​​Note: Must be eligible for TRSL participation at the time of the election
Option Deadline Have until June 30, 2025 to make a one-time, irrevocable election to join the TRSL defined benefit plan as a new member in the 2015 Plan. Can make a one-time, irrevocable election to join the TRSL defined benefit plan as a new member in the 2015 Plan at any time within five years of their first ORP-eligible employment.  This window can close as early as July 31, 2025.
When will my election be effective?
  • If TRSL receives your completed Form 2TR on or before Dec. 31, 2024: Your ORP participation will end on January 31, 2025 and your enrollment in the TRSL defined benefit plan will begin prospectively on February 1, 2025.
  • If TRSL receives your completed Form 2TR after Dec. 31, 2024: Your ORP participation will end on the last day of the month following the month in which TRSL receives your completed election form. Your enrollment in the TRSL defined benefit plan will begin prospectively on the first day of the month following the end of your ORP participation.
 Your ORP participation will end on the last day of the month following the month in which TRSL receives your completed election form. Your enrollment in the TRSL defined benefit plan will begin prospectively on the first day of the month following the end of your ORP participation.

 

Please complete these forms. The forms must be completed by you and the LSU Health New Orleans benefits team within the time limit set by state law. This form must be turned in in person or be mailed to us at 433 Bolivar Street, Suite 603, New Orleans, LA 70112.

TRSL prepared a FAQ sheet for interested employees: click here for FAQ sheet.

Benefits Email: nohrmbenefits@lsuhsc.edu

Benefits Phone: (504) 568-7780

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