…a UNC affiliate. This is only necessary if the retiree does not receive a pay check from UNC-Chapel Hill. UNC One Card Retirees can get a new UNC One Card which in turn facilitates continued access to various campus services (i.e. email access, employee discount program, campus recreation). The original UNC One Card held as an active employee will no longer be valid and must be reissued as a retiree. Once a retiree’s PID as a University affiliate…

…ery two weeks, one half of the monthly rate is deducted from the first two paychecks in the month. If there is a third bi-weekly paycheck in the month, the premium is not deducted. Rates are available on page 24 of the enrollment guide. Plan premiums are deducted from your paycheck on a pre-tax basis in the same month coverage is effective. This means your premiums are taken from gross pay before Social Security, federal and state taxes are deduct…

…e 10 but less than 20 years of retirement service credit, you will have to pay 50% of the cost for your coverage, and with five but less than 10 years, you will have to pay the full cost for your coverage. In all cases, the full cost of dependent coverage, if elected, must be paid by you. Re-employment After Retirement TSERS requires a six-month break in service during which no work is performed for any State agency. A return to work earlier than…

…tirement payments to meet your financial needs. These may be fixed annuity payments or payments on a variable basis, or a combination thereof. You may also elect to receive a lump sum distribution, as permitted by the ORP carrier(s). However, to be eligible to continue your State Health Plan coverage in retirement, you must begin to receive an ORP benefit on a monthly basis at retirement and this payment must be distributed directly from your ORP…

…e 10 but less than 20 years of retirement service credit, you will have to pay 50% of the cost for your coverage, and with five but less than 10 years, you will have to pay the full cost for your coverage. In all cases, the full cost of dependent coverage, if elected, must be paid by you. If you were first hired on or after January 1, 2021, there is no longer a retiree health insurance offered to you through the State of North Carolina. Retiring M…

…selected plan level and who is covered. The timing of deductions from your paycheck depends on your pay schedule: If you are paid one time per month, the full monthly rate is deducted from your paycheck. If you are paid every two weeks, half of the monthly rate is deducted from each of the first two paychecks in the month. If there is a third bi-weekly paycheck in the month, the premium is not deducted. When Does Coverage Begin? New Hires You have…

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…ery two weeks, one half of the monthly rate is deducted from the first two paychecks in the month. If there is a third bi-weekly paycheck in the month, the premium is not deducted. Vision plan premiums are deducted from your paycheck on a pre-tax basis in the same month coverage is effective. This means your premiums are taken from gross pay before Social Security, federal and state taxes are deducted, which reduces your taxable income. When Does…

…Compensation policies that apply to employees at UNC-Chapel Hill, including longevity, holidays and paid time off. Holidays & Holiday Pay Leave, Paid time off, Payouts & Transfers Longevity Pay Wage Hour Career Banding Salary Administration Plan SHRA Salary Increase Guidelines The University of North Carolina’s SHRA pay bands and policies on compensation are set by the Office of State Human Resources (OHSR).  …