As a reminder, the 2017 SEBAC agreement called for an increase in the employee Alternate Retirement Program (ARP) contribution of .75% to offset the decrease in the employer share unless an employee chooses to opt out. At this time the .75% increase in the employee share is not being implemented since this may conflict with IRS rules. Employee contributions are currently 5% and employer contributions are 7.25% for a total of 12.25%. If there is a decision to change the employee ARP contribution in the future ARP participants will be notified. Please note that the current ARP contributions for employees hired on or after 7/1/2017 are also 5% employee and 7.25% employer, pending implementation of the New Hire provisions of the SEBAC 2017 agreement. Please contact Human Resources at benefits@uconn.edu or (860) 486-3034
if you have questions.
For more information, contact: Human Resources at (860) 486-3034