Benefits - Phased Retirement Program

PHASED RETIREMENT PROGRAM OPEN ENROLLMENT

September 1, 2014 – November 26, 2014

The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the “Program”) beginning in the 2015 - 2016 academic year is September 1, 2014 through November 26, 2014. Participants must attend a meeting in Human Resources and review enrollment materials by November 26, 2014.

The Program is available only to full-time tenured faculty members if, by August 1, 2015, they:

  1. Have at least five years of full-time service at UNCW;
  2. Are age 62 or older for members of the Teachers’ and State Employees’ Retirement System (TSERS) or 59 ½ or older for participants in the Optional Retirement Program; and
  3. Are eligible to receive retirement benefits through either TSERS or the ORP, as applicable.

Interested faculty are strongly encouraged to attend an informational meeting on October 1, from 10 - 11:30 a.m. in the FSU Cape Fear Room or October 9, from 2 - 3:30 p.m. in the FSC Commercial Realty Room. To register for a session or to receive enrollment information, email halep@uncw.edu or call Patti Hale at 962-2033.

Important Dates
Eligibility Work Sheet
Application Instructions
Application & Reemployment Agreement
General Release
Employee Benefit Information
Plan Summary


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