Investment Option Changes Under the UNC Retirement Program
Investment Option Changes Under the UNC Retirement Program
The University of North Carolina (UNC) System is committed to periodically reviewing its retirement programs to make sure they continue to help you meet your retirement and financial goals. Among the things considered are the investment options available through the plans and the investment options’ performance and value. Effective November 6, 2026, employees who participate in The Optional Retirement Plan of the University of North Carolina (“ORP”), the UNC 403(b) Plan, the UNC 457(b) Plan, the Senior Administrative Officer Retirement Program of UNC (“SAORP”), the Senior Athletic Employee Retirement Program of UNC (“SAERP”), and any corresponding UNC Qualified Governmental Excess Benefit Arrangements (“415(m) plans”) will see changes to the investment options available under these plans. The purpose of this memo is to inform you of these changes and how you may be affected. You do not need to take action unless you have funds invested in an option being replaced and do NOT want your funds transferred to the replacement option. To read more about this, please use the links below to navigate to the UNC System Office webpages. Once on either the UNC 403(b) or UNC 457(b) webpage, please scroll down to the Important Notices Tab, then click on the UNC Fund Notice 10-2026 to review the information more in depth.