UNC Optional Retirement Program (ORP) | Human Resources
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Retirement Benefits
UNC Optional Retirement Program (ORP)
UNC Optional Retirement Program (ORP)
The University of North Carolina Optional Retirement Program (ORP) is an alternative to the North Carolina Teachers’ and State Employees’ Retirement System (TSERS) for faculty and staff. Under the ORP, you control your investment choices, distribution methods, and retirement goals, whereas the State controls the investments under TSERS.
The University has authorized TIAA to offer investment products under the ORP. For more information about TIAA or their products, including investment options, services and fees, you should review the information on this website, as well as contact a company representative. You can also learn more about TIAA by watching the “
Why TIAA
” short video.
Optional Retirement Program Information
ORP Carrier Websites
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ORP Carriers Websites
TIAA
Forms
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ORP Forms
ORP-3 Acknowledgement Form with Instructions
Investment Performance
Quarter Ending 12-31-2025
Quarter Ending 09-30-2025
Quarter Ending 06-30-2025
Quarter Ending 03-31-2025
Quarter Ending 12-31-2024
Quarter Ending 09-30-2024
Quarter Ending 06-30-2024
Quarter Ending 03-31-2024
Quarter Ending 12-31-2023
Booklets
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Booklets
2026 Mandatory Retirement Brochure
2026 Guide to Investing
2026 Retirement Transfer Guide
UNC-2026-ORP Plan Summary
TIAA UNC Plan Comparison Tool
TIAA UNC Pocket Brochure
Plan and Legal Documents
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Plan and Legal Documents
ORP Plan Document - Restated as of January 1, 2025
ORP 415(m) Plan Document - January 1, 2025
Bailey Settlement Court Order
Bailey Settlement NC DOR Directive
Important Notices
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Important Notices
UNC Fund Notice 02-2026
UNC Fund Notice 01-2026
UNC Fund Notice 11-2025
UNC Fund Notice 09-2025
UNC Fund Notice 02-2025
UNC Target Date Model Portfolio Letter 01-2025
UNC Target Date Model Transition Guide 10-2024
RMD Impact on UNC Retirement Plans 2024
UNC Fund Notice 06-2024
ORP Archival Information
Plan and Legal Documents
ORP Plan Document - Restated as of January 1, 2023
ORP 415(m) Plan Document
ORP Plan Document - Restated as of 1/1/2014
Amendment No. 1 to 2014 Plan Document
Amendment No. 2 to 2014 Plan Document
Amendment No. 3 to 2014 Plan Document
2012 ORP Plan Document
2012 ORP Plan Document Amendment No. 01
2012 ORP Plan Document Amendment No. 02
2008 ORP Plan Document
2008 ORP Plan Document Amendment No. 01
2008 ORP Plan Document Amendment No. 02
2008 ORP Plan Document Amendment No. 03
2008 ORP Plan Document Amendment No. 04
2007 ORP Plan Document
1999 ORP Plan Document
1999 ORP Plan Document Appendix
1999 ORP Plan Document Amendment No. 01
1999 ORP Plan Document Amendment No. 02
1999 ORP Plan Document Amendment No. 03
1999 ORP Plan Document Amendment No. 04
1994 ORP Plan Document
1989 ORP Plan Document
Investment Performance
Quarter Ending 09-30-2023
Quarter Ending 06-30-2023
Quarter Ending 03-31-2023
Quarter Ending 12-31-2022
Quarter Ending 09-30-2022
Quarter Ending 06-30-2022
Quarter Ending 03-31-2022
Quarter Ending 12-31-2021
Quarter Ending 09-30-2021
Quarter Ending 06-30-2021
Quarter Ending 03-31-2021
Quarter Ending 12-31-2020
Quarter Ending 09-30-2020
Quarter Ending 06-30-2020
Quarter Ending 03-31-2020
Quarter Ending 12-31-2019
Quarter Ending 09-30-2019
Quarter Ending 06-30-2019
Quarter Ending 03-31-2019
Quarter Ending 12-31-2018
Quarter Ending 09-30-2018
Quarter Ending 06-30-2018
Quarter Ending 03-31-2018
Quarter Ending 12-31-2017
Quarter Ending 09-30-2017
Quarter Ending 06-30-2017
Quarter Ending 03-31-2017
Quarter Ending 12-31-2016
Quarter Ending 09-30-2016
Quarter Ending 06-30-2016
Quarter Ending 03-31-2016
Quarter Ending 12-31-2015
Quarter Ending 09-30-2015
Quarter Ending 06-30-2015
Quarter Ending 03-31-2015
Quarter Ending 12-31-2014
Quarter Ending 09-30-2014
Quarter Ending 06-30-2014
Quarter Ending 03-31-2014
Quarter Ending 12-31-2013
Quarter Ending 09-30-2013
Quarter Ending 06-30-2013
Quarter Ending 03-31-2013
Quarter Ending 12-31-2012
Quarter Ending 09-30-2012
Quarter Ending 06-30-2012
Quarter Ending 03-31-2012
Important Notices
UNC Retirement Plans - Single Recordkeeper Tranisiton Gudie 01-2024
UNC Retirement Plans -Blackout Notice 01-2024
UNC Retirement Plan RFP Notice 04-2023
Secure 2.0 Impact on UNC Retirement Plans 10-2023
UNC Fund Notice 08-2023
UNC-Retirement Plan RFP Award Notice 08-2023
UNC Fund Notice 07-2022
UNC Fund Notice 02-2022
UNC Fund Notice 04-2021
UNC Fund Notice - 11-2020
UNC Fund Change Notice 07-2020
CARES Act Update 08-2020
CARES Act Impact on UNC Retirement Plans 04-2020
UNC Fund Change Notice 02-2020
RMD Impact on UNC Retirement Plans 2020
RMD Impact on UNC Retirement Plans 2019
UNC Fund Notice 05-2018
UNC ORP Fund Notice 09-2017
Vanguard Target Retirement Trust Brochure
UNC ORP Fund Notice 11-2016
UNC ORP Fund Notice 01-2016
UNC ORP Fund Notice 06-2015
Quarterly Statement Notice 2015
UNC ORP Fund Notice 2015
UNC ORP Notice to Interested Parties 2014
UNC ORP Fund Notice 2014
UNC ORP Fund Notice 2012
UNC ORP Fund Notice 2011
UNC ORP Fund Notice 2010
Transition Documents 2014
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Transition Documents 2014
Retirement Program Transition Guide - effective 7/1/2014
Transition Guide-Appendix-Fund Mapping-2014
Retirement Program Action Guide for VALIC and Lincoln Participants - 11/1/2014
TIAA-CREF Letter to Lincoln Participants
TIAA-CREF Letter to VALIC Participants
Retirement Benefits Programs
ORP
TSERS
UNC 403(b)
UNC 457 Plan
State 401(k) and 457 Plans
Faculty Phased Retirement
Read the UNC Retirement Newsletter