Since the early 1990s, Idaho’s four-year public universities have been required to pay an extra 1.49% of salaries for employees in the Optional Retirement Program (ORP). These contributions, often referred to as “PERSI Amortization Funds,” are based on a statutory requirement which terminates at the end of this fiscal year.
To ensure continuity and fairness in employer contributions for ORP participants, the Idaho State Board of Education had directed Boise State (and other four-year institutions) to redirect these funds as an additional 1.49% in employer contributions to ORP 401(a) participants for the 2026 fiscal year.
Here’s what this means for ORP participants:
- A 1.49% increase in the university’s contribution to participants retirement accounts.
- This change starts with the July 6–19 pay period and will appear on the August 1, 2025 paycheck.
- The employee contribution to ORP will not change.
- This change does not affect anyone in the PERSI system.
Those with questions can email benefits@boisestate.edu.