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Get ORP-3 Form - University Of North Carolina - Northcarolina

Ina (ORP) your benefit is funded by contributions made by both you and the University. Your contributions are deducted from your paycheck on a pre-tax basis (before federal and state taxes). University contributions are also made on a pre-tax basis. This means that you are not taxed on contributions and their investment earnings until you begin receiving payments from the plan. Contributions to the ORP end when you are no longer employed. Money taken from the plan is called a distribution.

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