An ORP participant is considered to be “Not Enrolled” when they meet the Insurance Commission’s requirements for post-employment benefits but do not purchase any coverages from the Commission.
Special Note: Participants who are “Not Enrolled” may draw funds from the ORP at any time. However, they must leave a minimum amount in the plan to preserve their eligibility for post-employment benefits. Go to Preserving Eligibility to learn about the minimum requirements.
Status Change: A “Not Enrolled” participant may change their status to these other statuses at a future date:
- “Deferred Retiree”: if they purchase insurance coverages from the Commission (no Retiree Income required);
- “Retiree”: upon meeting the eligibility requirements for this status; and
- “Not Eligible”: if they remove all assets from the plan.