Optional Retirement Program

Optional Retirement Program
сокр. ORP страх., эк. тр., амер. пенсионная программа по выбору* (пенсионная программа, в которой преподаватели и некоторые другие работники учебных учреждений могут участвовать вместо базовой государственной пенсионной программы для учителей и государственных служащих; условия конкретных программ могут отличаться, но, как правило, работнику предоставляется возможность выбора между несколькими управляющими программами и возможность определения направления инвестирования накопленных пенсионных взносов работника и работодателя)
See:

Англо-русский экономический словарь.

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