Legacy: Retirement Code List

This list displays valid retirement codes, use the link below for additional information on deductions and related information.
Retirement Code
Retirement Code Description
NE
EMPLOYEE NOT ELIGIBLE
R1
PARTICIPATING REG RETIREMENT
R2
POLICE/FIRE
R3
TEACHER/PROFESSOR
R4*
RECLASSED/FORMER RET IND = 2
R5
DEPARTMENT OF EMPLOYMENT
R6
JUDGE
R7*
OPTIONAL RETIREMENT - TIAA - 7/1/91
R8*
OPTIONAL RETIREMENT - VALIC 7/1/91
RA*
OPTIONAL RETIREMENT - TIAA - 7/1/97
RB*
OPTIONAL RETIREMENT - VALIC 7/1/97
 
* Additional Information
R4 - Effective July 1, 1985, statutes changed so that only individuals whose principle duties were active law enforcement is considered Class 2 (R2) retirement.  Prior to that date, anyone who worked for a law enforcement agency was considered Class 2.  Members in Class 2 positions on June 30, 1985 that were not active law enforcement, were reclassified as Class 4 (R4) members  Class 4 members are considered general members (R1) but have certain grandfathered Class 2 rights.  For more information contact PERSI. 

R7 and R8 - Effective July 1, 1991, Idaho Code 33-107A went into effect. This piece of legislation only allows the Board of Education, Lewis and Clark State College, Boise State University and Idaho State University to participate in Optional Retirement Plan (ORP). 

This Idaho Code section also sets the rates and the amortization rate (Deduction 170)

RA and RB - Effective July 1, 1997, Idaho Code 33-107B went into effect. This piece of legislation extended participation in ORP to the community colleges and Eastern Idaho Technical College

This Idaho Code section also sets the rates, however these rates differ from those listed in Idaho Code IC 33-107A. Separate plans were created so the payroll system could withhold funds at a different rate.