5.10.6 NC Retirement

5.10.6 NC Retirement

Revised: October 10, 2011

There are many benefits for permanent full-time and 30-hour permanent employees under the terms of the North Carolina State Retirement Program. These employees must enroll in, and contribute to, this retirement plan by contributing a percentage of their monthly salary. This contribution is made on a pre-tax basis. In addition to retirement benefits, the plan provides (1) a death benefit after one year of contributing membership service and (2) participation in the Disability Income Plan of North Carolina. In the Teachers’ and State Employees’ Retirement System, an employee becomes vested once he or she has have five years of membership service, or if the employee is a law enforcement officer, once he or she has five years of creditable service.

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