WebI've been a university employee for over a month now and I have less than one month to choose between two mandatory retirement plans: Teachers’ and State Employees’ Retirement System (TSERS) or Optional Retirement Program (ORP). I'm choosing the ORP, but I have to choose Fidelity Investments or TIAA as a vendor. WebYou are covered under the Long Term Disability plan after five years of participation in TSERS or the ORP. You can elect supplemental disability benefits from either Lincoln Financial (for TSERS participants) or from The Standard (for ORP participants) to bridge the income gap and to provide additional benefits.

Retirement Benefits: HR: UNCW

WebThe Program is available only to full-time tenured faculty members if, by August 1, 2024, they: Are age 62 or older for members of the Teachers' and State Employees' Retirement … WebThe Optional Retirement Program (ORP) is an alternative to the Teachers’ and State Employees’ Retirement system (TSERS). Eligible employees have the option to select … dated and related review

Online Benefits Orientation for Staff and Faculty

WebHere are the two scenarios that I am looking at: Teacher and State Employee Retirement (TSER) requires a 6% contribution and at my anticipated income level at retirement would … WebYou are covered under the Long Term Disability plan after five years of participation in TSERS or the ORP. You can elect supplemental disability benefits from either Lincoln … WebUnder age 50: $20,500. $22,500. Over age 50 catch-up: $6,500. $7,500. The 401k and 403b contributions are coordinated (combined total cannot exceed the maximum). The 457 contributions are not coordinated with the 401k, nor 403b (total cannot exceed the maximum). As an alternative to the age 50 catch-up, a participant in the 457 plan is … dated a narcissist reddit