Retirement
Planning for the Future
Understanding and knowing your retirement benefit options is helpful in planning for your future after you have retired from a career with the State of Utah. Eligible employees can start investing and planning for retirement when they begin working for the state.
If you are a new hire, you are most likely part of the Tier II retirement system. Tier I retirement systems are reserved for URS retirement plan participants who were active in the Utah Retirement Systems before July 2011. This video gives excellent information about the retirement plan choice that Tier II retirement system participants need to make during their first year of employment.
It’s important to know which system you are eligible for to help you understand and explore your benefits. If you are unsure if you are Tier I or Tier II, contact HR at (801) 238-5409.
Online Access: Eligible state employees may access the Utah Retirement Systems (URS) website to view information related to retirement accounts, update beneficiary information, make changes to contributions, and update their personal information. To learn how to create a myURS account, watch this quick tutorial.
If you're a new justice or judge, you may review the Tier I Retirement System Highlights to learn more about your retirement system.
URS Seminars & Webinars
Seminars
Attend free URS seminars (in-person and virtual) tailored to your retirement horizon.
Webinars
The URS experts host virtual webinars on different retirement related topics. Reserve your place and learn more.
One-on-One Financial planning sessions
URS offers individual financial planning and customized advice to help you plan for a better future. Choose a retirement planning session to make the best use of retirement plans such as a pension, 401(k), or an IRA. To register, log in to your myURS account and click on the Education Tab to register for your Individual Retirement Planning Session.
Additional Resources
Increase my Savings Plans Contributions
Roll Over Old Retirement Savings Accounts to URS
Tier II Hybrid or Defined Contribution?
Tier II Hybrid Plan (pension + 401k)
Tier II Defined Contribution Plan (401k only)
URS Member Videos
Utah Retirement Systems Publications
2024-25 Early Retiree Benefits Guide
Continuing Benefits After Retirement
Retirement and the Value of Sick Leave