State University System Optional Retirement Program (SUSORP)

The State University System Optional Retirement Program allows participants to decide how to allocate the money in their account among available investment funds. The benefit depends on the amount of money contributed and its growth over time.


  • TEAMS Exempt (Salaried)
  • Faculty (Health Science Center Faculty are required to participate in the SUSORP)

Two-Step Enrollment for New Employees

  1. Open an account with an investment provider.
  2. Fax completed Optional Retirement Program Enrollment Form to UF Benefits at (352) 392-5166 within 90 calendar days from hire.

Contribution Rates

  • Employer: 5.14%
    • Note: Employers also pay Admin fee/UAL to State of Florida. Therefore, the employer rate you see on your paychecks will be higher than the amount deposited into your account.
  • Mandatory Employee: 3.00% of biweekly earnings
  • Voluntary Employee: Up to 5.14% of biweekly earnings

IRS Contribution Limits

The contribution limits for this plan are based on our fiscal and calendar years. Visit the Retirement Plan Contribution Limits page for the current year’s maximums.




Loans/Hardship Withdrawals

Loans and hardship withdrawals are not permitted.

Update My Beneficiary

Contact your investment provider to update your beneficiary information.

Ready to Retire?

Visit our Ready to Retire page for more information.