UWRP cashout or rollover option now available

Participants in the UW Retirement Plan (UWRP) may now access 100 percent of their retirement accumulations as a cashout/rollover at separation or retirement. The new opportunity became effective Feb. 19 when the UW Board of Regents amended the UWRP. The change also applies to retirees and former employees who have accumulations in their retirement accounts that have not yet been annuitized. The cashout/rollover option now becomes one of the many payment options available to participants. Participants have great flexibility and choice under the UWRP and can select the best option or combination of options to meet their particular needs and circumstances. For more information check the Web site at: http://www.washington.edu/admin/benefits/uwrp.html. ¶