Human Resources

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!

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.

Phased Retirement Open Enrollment

September 1, 2022 - November 23, 2022

The open enrollment period for tenured faculty who wish to enter the Phased Retirement Program (the "Program") beginning in the 2023-2026 academic year is September 1, 2022 through November 23, 2022  Participants must attend a meeting in Human Resources and review enrollment materials by November 23, 2022.

The Program is available only to full-time tenured faculty members if, by August 1, 2023, 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 ORP, as applicable.

Interested faculty are strongly encouraged to attend an informational meeting on:

Thursday, September 29, 2022
9:30 - 11:00 AM
Administrative Annex 1002
Teams: ID 297 309 793 476 Passcode: F5HnrW

To register for a session or to receive enrollment information, email kennedyk@uncw  or call at x23006.