Important UNC 403(b) and 457(b) Plan Updates
Important UNC 403(b) and 457(b) Plan Updates
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 range of investment options available through the plans as well as investment option performance and value. Effective December 19, 2025, 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. These changes are designed to better align the investment options offered with the investment strategies of the retirement programs. 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 that is being replaced, and do NOT want your funds to be transferred to the replacement option. To read more about it, please click on the links below and go to the Important Notices section. Once there, look at the UNC Fund Notice 11-2025 and the UNC Secure 2.0 Provision notice.
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