Georgetown University Retirement Plan (GURP)
Important Update for GURP Participants
On June 14, the university announced it has begun the process of transferring the management and delivery of GURP benefits to a highly qualified insurance company (yet to be selected) that specializes in pension administration. This process is called a plan termination. This change will have no impact on the value of accrued benefits and requires no action by GURP participants at this time. Learn more on the GURP Transition webpage.
Georgetown University Retirement Plan Transition Service Center
Questions about the GURP transition plan? Contact the Georgetown University Retirement Plan Transition Service Center at 1-886-778-4822, Monday through Friday, 9 a.m.-6 p.m. ET.
View GURP Cash Balances in GMS
Did you know that current staff employees who are GURP participants can view their cash balance account at any time? You can now view your account balance as of 12/31/2022 in GMS. Go to your GMS home page and click on the GURP icon.
Plan Participation
This plan is closed to new participants. As of January 1, 2020, all remaining active GURP participants were transferred to the Defined Contribution Retirement Plan. All participants, including those who transferred or terminated employment prior to January 1, 2020, maintain their GURP balance as of time of the transfer or termination and continue to earn annual interest credits on that balance.
Prior to 2008, staff employees became participants in the Plan on the January 1st of the year in which they complete 12 months of service during which they worked 750 hours and attained at least age 21. Enrollment in the Plan was automatic.
Participants received their first employer contributions as of the December 31st following their date of participation. For example, if an employee was hired full-time into a benefits-eligible position in April of 2002, she became a participant in the plan as of January 1, 2003. She received her first employer contribution as of December 31, 2003 (the last day of the plan year).