Retirement Plans for District Employees

One of many benefits of working for the Alpine School District is the Retirement benefits offered to eligible employees. Understanding and knowing your retirement benefit options is helpful in planning for your future. To help you understand and explore your benefits it’s important to know which system you belong to, if you are unsure or do not know please contact Utah Retirement Systems (URS) to find out by calling 800-695-4877.

Through URS, Alpine District employees have access to several retirement savings plans including 401(k), 457, Traditional IRA and Roth IRA. For more information look at the Saving Plan and Investment Options link below. For the most current details contact Utah Retirement Systems.

Online Access

Employees may access the URS website to view information related to retirement accounts, update beneficiary information, make changes to contributions, and update their personal information. To visit the site:

Access URS Website

URS Savings Plans Information:

Tier 1 Public Employees Noncontributory Retirement System

The Tier 1 Public Employees’ Noncontributory Retirement System is a defined benefit retirement plan under Utah Retirement Systems (URS) intended to provide a meaningful retirement benefit to employees who have chosen a career in public service.

Participants who qualify for a retirement benefit receive a monthly payment based on a formula involving final average monthly salary and years of service.

Full retirement benefits are available with 30 years of service at any age. Retirement before 30 years is possible, but there could be a reduction.

Each year you will receive a statement reflecting your salary, contributions paid by you and/or your employer on your behalf, your service credit, and your designated beneficiaries. If applicable, your statement will also include member contributions transferred from previous membership in any Utah Retirement System. Statements may be mailed to your home address and are also available online.

A brochure describing this plan is available for you to review:

Tier 1 Contributory Retirement Plan Brochure

Tier 2 Public Employees Retirement System

The Tier 2 Public Employees’ Retirement System is a retirement plan under Utah Retirement Systems (URS) intended to provide a retirement benefit to employees who have chosen a career in public service.

This system consists of two plans:

The Tier 2 Hybrid Retirement System, which combines a defined benefit (pension) plan with a defined contribution (401(k)) plan, and
The Tier 2 Defined Contribution Plan, which is a defined contribution (401(k)) plan only.

Annual employer contribution amounts are the same under both plans, but benefits are different because of the hybrid system’s pension plan component.

Participation Choice Required

Employees entering full-time employment with a participating employer on or after July 1, 2011, must make an election to participate in either the Tier 2 Hybrid Retirement System or the Tier 2 Defined Contribution Plan within 1 year of their employment date. The election made is irrevocable. If no election is made, the employee automatically becomes a member of the Tier 2 Hybrid Retirement System.

You may request a rollover, transfer, or early withdrawal (penalty applies) of any vested 401(k) contributions at any time after you terminate employment.

A brochure describing this plan is available for you to review:

Comparing Tier 2 Plans

Note: The brochure describes both the Tier 2 Public Employees’ Defined Contribution Plan and the Tier 2 Public Employees’ Hybrid Retirement System.

In preparation of this site, every effort has been made to offer the most current, correct and clearly expressed information possible. Nevertheless, inadvertent errors in information may occur. Therefore, the information contained at this site is only intended to provide a general summary. For the most current details contact URS.

Alpine Employee Gateway

Human Resources

Retirement Plans for District Employees

Tier 1 Public Employees Noncontributory Retirement System

Tier 2 Public Employees Retirement System