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  • Orp-3 Form - University Of North Carolina - Northcarolina

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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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Optional Retirement Program This program is an option or alternative to the North Carolina Teachers' and State Employees' Retirement System (TSERS). Under the ORP, you control your investment choices, distribution methods and retirement goals, whereas the State controls the investments under TSERS.

The University of North Carolina Phased Retirement Program is designed to provide an opportunity for eligible full-time tenured faculty members to make an orderly transition to retirement through half-time (or equivalent) service.

The North Carolina Retirement Systems is a division of the Department of State Treasurer, and we administer the pension benefits for state and local government employees.

You may retire with unreduced service retirement benefits after: you reach age 65 and complete five years of creditable service, or. you reach age 60 and complete 25 years of creditable service, or. you complete 30 years of creditable service, at any age.

UNC OPTIONAL RETIREMENT PROGRAM VESTING REQUIREMENTS. Being “vested” means you have a non-forfeitable right to the ownership of your plan benefits, even if you leave employment with The University. You are always 100% vested in your contributions to the plan, as well as their investment earnings.

The NC Total Retirement Plans offer diverse investment options at very competitive costs and benefit from the strong, continual oversight of the Supplemental Retirement Board of Trustees. These Plans are a great way to make sure that your retirement income will support the retirement lifestyle you imagine.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232