Pors - PowerPoint PPT Presentation

Explore retirement plans available to mid-career individuals in South Carolina, including Defined Benefit Plans (SCRS, PORS), Defined Contribution Plan (State ORP), and voluntary savings options. Learn about membership classes, contribution percentages, and financial disclaimers to make informed dec

0 views • 7 slides

State ORP (Optional Retirement Program) provides a flexible retirement option without specific eligibility requirements like SCRS or PORS. Participants can manage their account balance, investments, and beneficiaries. The program allows distributions upon termination or after age 59. Annual minimum

0 views • 8 slides

State ORP (Optional Retirement Program) provides retirement benefits without strict eligibility requirements like SCRS or PORS. Participants can request distributions, leave funds until retirement, and roll over balances. Benefits based on account balance, with fees and taxes affecting it. Open enro

0 views • 7 slides

Explore the essential considerations for retirement including decision-making, emotional preparedness, the six stages of retirement process, retirement plans, and details regarding SCRS and PORS membership classes. Get insights into retirement planning, benefit programs, and key factors influencing

0 views • 7 slides

Explore retirement plans including Defined Benefit Plans like SCRS and PORS, Defined Contribution Plan like State ORP, and related membership classes. Learn about employee contributions, financial considerations, and disclaimers.

0 views • 7 slides

Discover the in-service death benefits available for active members, including refunds of contributions, monthly benefits, and incidental death benefits. Learn about programs such as SCRS and PORS, the State ORP, and the PORS Accidental Death Program. Find out how your designated beneficiary can rec

0 views • 7 slides

This presentation focuses on retirement plan details for different classes of members in the South Carolina Retirement System (SCRS) and Police Officers Retirement System (PORS). It covers defined benefit plans, defined contribution plans, and voluntary deferred compensation programs available for s

0 views • 8 slides

Detailed information on post-retirement benefits and regulations for SCRS and PORS members, including benefit adjustments, incidental death benefits, returning to covered employment rules, and service retirement earnings limitations. Learn about eligibility criteria, benefit adjustments, service cre

0 views • 7 slides

This presentation provides information on enrollment, retirement, orientation, and education for fiscal year 2025, focusing on eligibility requirements and plan provisions for Class Three members. It covers who can participate in the South Carolina Retirement System (SCRS), the Police Officers Retir

0 views • 9 slides