ALTERNATE BENEFIT PROGRAM (ABP)
For State and County
College Faculty, Adjunct Faculty,
Part-time Instructors, and
The Alternate Benefit Program (ABP) is a tax-sheltered, defined contribution retirement program for certain higher education faculty, instructors and administrators. ABP provides retirement benefits, life insurance and disability coverage, which, when combined with Social Security and other tax-deferred plans, can provide security in retirement.