Benefits - Phased Retirement Program

PHASED RETIREMENT PROGRAM OPEN ENROLLMENT

September 1, 2013 – November 27, 2013

The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the “Program”) beginning in the 2014 - 2015 academic year is September 1, 2013 through November 27, 2013. Participants must attend a meeting in Human Resources and review enrollment materials by November 27, 2013.

The Program is available only to full-time tenured faculty members if, by August 1, 2014, 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 September 25, from 10 - 11:30 a.m. in the FSC Saffo Room or October 3, from 2 - 3:30 p.m. in the FSC Saffo 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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