Phased Retirement
…etirement earnings limit, but these supplements will not increase the base pay for purpose of calculating one-half of base pay at UNC-Chapel Hill. Note: Faculty members in the Optional Retirement Program are not subject to the rules that limit earnings after retirement. FTE In phased retirement, you fully retire but have a three-year work contract. To balance out the .5 FTE for the year, you may work any combination of the two semesters each acade…