Feature

 ARP

 STRS Ohio Defined Contribution Plan

 STRS Ohio Defined Benefit Plan

 STRS Ohio Combined Plan

Eligibility

Full-time Faculty who are holding a full-time contract under which they are employed for two semesters in an academic year and with an assignment equivalent to a 12 credit hour teaching load.

You are eligible to choose one of the three plans offered by STRS Ohio, if you elect to participate in the State Retirement System.

You are eligible to choose one of the three plans offered by STRS Ohio, if you elect to participate in the State Retirement System.

You are eligible to choose one of the three plans offered by STRS Ohio, if you elect to participate in the State Retirement System.

Employee Contributions
The employee contribution amount is currently 10.0% of pay.

Your current ARP employee contribution is 10.0% of your pay. 

Your employee contribution is made to your ARP account on a pre-tax basis.

Your STRS employee contribution is 10.0% of your pay. 


Your employee contribution is made to your STRS Member-Directed Plan account on a pre-tax basis.

Your current STRS employee contribution is 10.0% of your pay. 


Your employee contribution is made to your STRS account on a pre-tax basis.

Your current STRS employee contribution is 10.0% of your pay. 


Your contribution is made on a pre-tax basis.

Employer Contributions
The amount of employer contribution deposited to your ARP or STRS account will be reduced by any unfunded liability contribution required by Ohio law.  As of August 1, 2005 the unfunded liability contribution is 3.5%.

Bowling Green State University currently contributes an amount equal to 14.0% of your pay on your behalf.

Because of the 3.5% unfunded liability to STRS, only 10.5% of the University's contribution goes to your ARP account.

Bowling Green State University currently contributes an amount equal to 14.0% of your pay to STRS.

Because of the 3.5% unfunded liability to STRS, only 10.5% of the University's contribution goes to your account.

Bowling Green State University currently contributes an amount equal to 14.0% of your pay to the STRS Employers Trust Fund to fund disability, survivor, and pension benefits for Defined Benefit Plan and Combined Plan members.

Bowling Green State University currently contributes an amount equal to 14.0% of your pay to the STRS Employers Trust Fund to fund disability, survivor, and pension benefits for Defined Benefit Plan and Combined Plan members.

Vesting of Retirement Contributions for a Refund
Vesting is your right to receive contributions as a refund after termination of your covered employment.

Your employee contributions are immediately vested for a refund.


Employer contributions made to your ARP account on your behalf are immediately vested for a refund.

Your employee contributions are immediately vested for a refund.


Employer contributions made to your STRS Defined Contribution Plan account on your behalf are vested after one year.

Your employee contributions are immediately vested for a refund.


With at least five (5) years of service credit, you are vested to receive an additional refund amount equal to 33% of your employee contributions and interest.  With at least ten (10) years of service credit, you are vested to receive an additional refund amount equal to 67% of your employee contributions and interest.

Your employee contributions made to the Defined Contribution portion of this plan are immediately vested for a refund.

With at least five (5) years of service credit, you are vested to receive an additional refund amount equal to 33% of your employee contributions and interest.  With at least ten (10) years of service credit, you are vested to receive an additional refund amount equal to 67% of your employee contributions and interest