UNC Optional Retirement Program (ORP)

The University of North Carolina Optional Retirement Program (ORP) is an option or 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 two companies to offer investment products under the ORP: Fidelity Investments and TIAA. For more information about the authorized companies or their products, including investment options, services and fees, you should review the information on this website, as well as contact a company representative.