Update Regarding the UNC System Retirement Programs

The University of North Carolina (UNC) System is committed to periodically reviewing its retirement programs to make sure they continue to help employees meet their retirement and financial goals. Among the things considered are the investment options available through the plans and the investment option’s performance and value.

Effective Nov.6, 2026, employees who participate in The Optional Retirement Plan of the University of North Carolina (“ORP”), the UNC 403(b) Plan, the UNC 457(b) Plan, the Senior Administrative Officer Retirement Program of UNC (“SAORP”), the Senior Athletic Employee Retirement Program of UNC (“SAERP”) and any corresponding UNC Qualified Governmental Excess Benefit Arrangements (“415(m) plans”) will see changes to the investment options available under these plans.