We all need a little help with our investments and retirement planning from time to time. As a URS member, you get access to professional URS Investment Advisors at no charge. To register for a counseling session, log into your myURS account and click on the Educating tab to get customized advice about your retirement planning. Useful Resource: Financial Advice Brochure
Supplemental Savings Plan (HB 38) All employees are encouraged to attend the upcoming benefit fairs, watch for newsletter and email updates and to visit the Employee Gateway regularly for the most current information. With the passage of HB 38 this allows an qualified state employee to make the matching deposit into a deemed IRA, 457, or 401(k) URS retirement savings plan and still qualify for the employee matching deposit under the state employee matching benefit. Please see FAQ’s under Retirement in the Benefits and Salary tab.
New Target Date Funds can enhance your retirement income and improve your retirement outcome. Click here to read more about this!
Utah Retirement Systems publishes a quarterly newsletter for all active members of Utah Retirement Systems. This is the most recent edition: URS Viewpoint Spring 2016 For past editions and other archived publications please visit the URS Publications Archive.
Retirement can be exciting and confusing all at the same time. To help you resolve some of the questions you may be wondering about, the Employee Resource Information Center (ERIC) has created a helpful presentation to address some commonly asked questions: If you have further questions or would like to request a retirement estimate, please contact ERIC by calling (801) 957-9390.
Take Control of your personal financial wellbeing! Understanding and knowing your retirement benefit options is helpful in planning for your future after you have retired from a career with the State of Utah.
For Employee who retired ON or AFTER 7/1/2010 The retiree may be employed with a participating employer after 60 days, but within one year from their retirement date with URS, subject to the following: The retiree cannot receive any employer provided benefits including, but not limited to: medical, dental, paid time off, annual leave, sick leave, other insurance benefits, excluding workers’ compensation. The retiree’s salary is limited to the lesser of $16,351 (in 2018, indexed for inflation) or half of their final average monthly salary in a calendar year. If the retiree exceeds the ...