Retirement Benefits
UNCW offers multiple retirement programs to suit your needs. Read more about the plans and systems offered below. Want to discuss your retirement plans? Contact your Benefits Counselor!
Mandatory Retirement Programs
Supplemental Retirement Programs
Information Booklets
Faculty Phased Retirement
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.
- Program Summary
- Important Dates
- Application Instructions
- Application & Reemployment Agreement
- General Release
- Employee Benefit Information
Phased Retirement Open Enrollment
September 1, 2019 - November 25, 2020
The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the "Program") beginning in the 2020-2021 academic year is September 1, 2019 through November 25, 2020. Participants must attend a meeting in Human Resources and review enrollment materials by November 25, 2020.
The Program is available only to full-time tenured faculty members if, by August 1, 2021, 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.
Interested faculty are strongly encouraged to attend an informational meeting on:
Tuesday, September 22, 2020
11:00 - 2:00 PM
Zoom Meeting ID: 958 4150 6941 Password: 833770
Thursday, September 24, 2020
9:30 - 10:30 AM
Zoom Meeting ID: 930 1846 9945 Password: 503859
To register for a session or to receive enrollment information, email kennedyk@uncw or call Kelly Kennedy at 23006.
