The following message details a decision by the Idaho State Board of Education related to the management of the Optional Retirement Program (ORP). Effective Dec. 2024, the ORP will be solely managed by Fidelity. Boise State will continue to monitor these developments and will communicate with plan participants as more details become known. The Idaho State Board of Education (SBOE) Retirement Plan Committee has recently completed a multi-year, comprehensive review of the Idaho Optional Retirement Plan (ORP). As a result of their plan review, it has been recommended and approved at the Dec. 13 State Board of Education meeting that Fidelity will become the sole provider of the administrative services for the ORP effective Dec. 2024, replacing both TIAA and Corebridge. The primary motivation of this change is to enhance the participant experience due to Fidelity's leadership, expertise and ability to more effectively assist faculty and staff in their retirement planning needs.