Optional Retirement Program

Optional Retirement Program (ORP) is an option or alternative to the Teachers' and State Employees' Retirement System for EPA Faculty and EPA Non-Faculty employees. This program provides monthly retirement benefits based on total monetary contributions. With ORP, the employee selects the carrier and the investments, and the destination of both the employee and employer contributions. 

• Fidelity Investments

• Lincoln Life Insurance 

• Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF)

• Variable Annuity Life Insurance Company (VALIC)

Employee contributions are made through a pre-tax payroll deduction and can be allocated to whichever investment you select. 

This brochure will help guide you in Choosing a Retirement Program. 

Please refer to UNC Optional Retirement Program website. You will find the information useful, which includes:

1. ORP Forms

2. Fund Investment Objectives

3. ORP Fund Performance Comparison - please see the main website since the information changes quarterly.

Also refer to the Optional Retirement Program Enhancements website:

• Changes in the UNC ORP Fund Lineup, June 2008

• Changes in the UNC ORP Fund Lineup Participant, October 2007

• Enhancements to UNC Optional Retirement Program

• UNC Investment Policy Statement

• New ORP Fund Lineup Available

• Update ORP Changes from AIG VALIC

• Voluntary Supplemental Retirement Program Comparison

• AIG VALIC Retirement Manager Program

For more information about the Retirement Programs, please email or call Lisa Honeycutt at 232-5114. 

Back to the top

Comments to: Lisa Honeycutt