The UNCW Faculty Phased Retirement Program (PRP) is designed to provide an opportunity for eligible full-time faculty members to make an orderly transition to retirement through half-time service, as reflected in the PRP policy.
September 1, 2023 - November 22, 2023
The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the "Program") beginning in the 2024-2027 academic year is September 1, 2023 through November 22, 2023 Participants must attend a meeting in Human Resources and review enrollment materials by November 22, 2023.
The Program is available only to full-time tenured faculty members if, by August 1, 2024, they:
- Have at least five years of full-time service at UNCW;
- 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
- Are eligible to receive retirement benefits through either TSERS or ORP, as applicable.
To receive enrollment information, email kennedyk@uncw or call at x23006.