As a condition of employment, eligible employees of Lander University are required to become members of the South Carolina Retirement System (SCRS), Optional Retirement Plan (ORP), or Police Officers Retirement System (PORS), if applicable.
Certain employees may opt out of state retirement by electing non-membership; however, the election must be exercised within 30 days of initial eligibility. If a timely election is not exercised, the employee will be automatically enrolled into the applicable retirement system (SCRS or PORS), which is irrevocable. Generally, employees with an active SCRS account cannot elect State ORP or non-membership.
Active employees who participate in a PEBA-administered retirement plan may take advantage of PEBA's voluntary, supplemental retirement savings program - the South Carolina Deferred Compensation Program.