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, 2021 - November 24, 2021
The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the "Program") beginning in the 2022-2025 academic year is September 1, 2021 through November 24, 2021. Participants must attend a meeting in Human Resources and review enrollment materials by November 24, 2021.
The Program is available only to full-time tenured faculty members if, by August 1, 2022, 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:
Wednesday, September 15, 2021
2:00 - 3:00 PM
Zoom Meeting ID: 893 5635 5974 Password: 027986
Thursday, September 23, 2021
10:00 - 11:00 AM
Zoom Meeting ID: 933 321 5106 Password: 1aVWLP
To register for a session or to receive enrollment information, email kennedyk@uncw or call at x23006.
