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Annual retirement Contribution limits

by Kathy W Bryant | Jan 8, 2024 | Benefits, For System Office Staff, Retirement News

The Internal Revenue Service has announced its annual update to contribution limits for pension and retirement plans for the 2024 tax year. Section 415 requires these limits to be adjusted annually for cost of living increases. The limit on contributions by employees...
How your retirement contributions can affect your taxes

How your retirement contributions can affect your taxes

by Kathy W Bryant | Jan 8, 2024 | Benefits, For System Office Staff, Retirement News

Taking into consideration how taxes will impact saving for retirement and during retirement is important. As you are meeting with your tax professional, it may be a good time to discuss your tax strategy to save money while saving for retirement and also once you...
Are you saving enough for the retirement lifestyle you want?

Are you saving enough for the retirement lifestyle you want?

by Kathy W Bryant | Jan 8, 2024 | Benefits, For System Office Staff, Retirement News

We often think about saving for retirement but have you sat down and really thought about what you want your life to look like in retirement? This picture looks very different for everyone- there is no one size fits all. It’s important that your retirement plan is...

Give Your Retirement a Raise

by Kathy W Bryant | Oct 11, 2023 | Benefits, For System Office Staff, Retirement News

As most state employees have been eagerly awaiting budget news from the NC General Assembly for the fiscal year that began on July 1, news finally came at the end of September. A budget has been passed that currently provides state employees a 4 percent salary...
UNC Retirement Plans Moving to Single Recordkeeper

UNC Retirement Plans Moving to Single Recordkeeper

by Kathy W Bryant | Oct 11, 2023 | Benefits, For System Office Staff, Retirement News

Earlier this spring it was communicated that the UNC System was exploring the option of moving from our current two retirement plan recordkeepers, TIAA and Fidelity, to a single recordkeeper for all of the UNC defined contribution retirement plans. With the assistance...

More About TIAA

by Kathy W Bryant | Oct 11, 2023 | Benefits, For System Office Staff, Retirement News, Uncategorized

TIAA (Teachers Insurance Annuity Association) was initially created in 1918 by Andrew Carnegie and his Carnegie Foundation for the Advancement of Teaching to be a fully funded system of pensions for professors. Through its rich history, TIAA has evolved into a Fortune...
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  • About UNC System Human Resources

    The UNC System Office of Human Resources provides centralized leadership and support to the human resources offices of the 17 constituent institutions of the University of North Carolina System and provides human resource services to UNC System Office staff.

    Contact Us

    UNC System Human Resources
    UNC System Office
    223 South West Street, Suite 1700
    Raleigh, NC 27603
    SystemHR@northcarolina.edu
    T: (919) 843-5293
    F: (984) 777-9055

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