Benefits FAQ  |  What's New?

 

Optional Retirement Program (ORP) is an option or alternative to the Teachers' and State Employees' Retirement System for EPA Faculty and EPA Non-Faculty employees. This program provides monthly retirement benefits based on total monetary contributions. With ORP, the employee selects the carrier and the investments, and the destination of both the employee and employer contributions. 

• Fidelity Investments

• Lincoln Life Insurance 

• Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF)

• Variable Annuity Life Insurance Company (VALIC)

Employee contributions are made through a pre-tax payroll deduction and can be allocated to whichever investment you select. 

 

This brochure will help guide you in Choosing a Retirement Program. 

 

Please refer to UNC Optional Retirement Program website. You will find the information useful, which includes:

1. ORP Forms

2. ORP Quarterly Performance Fund - please see the main website since the information changes quarterly.

3. Changes in the UNC System Voluntary 403(b) Retirement Program Fund Lineup, May 7, 2009
           Voluntary 403(b) Investment Policy Statement (Appendix D in 403(b) Plan Document)

4. Changes in the UNC ORP Fund Lineup 2008-2009 Annual Review, May 7, 2009
          ORP Investment Policy Statement

For more information about the Retirement Programs, please email or call Lisa Honeycutt at 232-5114. 

 

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