Alert

Full-Time, 30+ Hours to Part-Time, 20-29 Hours

This status change will affect the benefits as follows:

Retirement

  • Teachers and State Employees Retirement System (TSERS)
    • Contributions to the Teachers’ and State Employees’ Retirement System will cease.
    • Employees should direct questions regarding the retirement account to the Teachers’ and State Employees’ Retirement System at 1-877-627-3287 or may refer to www.MyNCRetirement.com.
    • Contributions to the State 401(k) and State 457 Plan are contingent upon participation in the Retirement System, so any contributions to these plans will cease. 403(b) Plan contributions are unaffected by this status change.
  • Optional Retirement Plan (ORP)
    • The ORP is intended to provide you with income after you retire. Therefore, you may not withdraw money from the plan while you are an eligible participant and employed by the hospital. You may elect to receive a distribution from the vested portion of your ORP account:
  • When you retire, as a retirement benefit (with various payment options available), or when you leave employment with the University before retirement. For additional information on withdrawing of funds go to Optional Retirement Plans. You may also contact Employee Benefits at benefits@unch.unc.edu.

Health Insurance

  • Health Insurance premiums will be adjusted to reflect current Part-Time employee rates. This rate change will affect coverage beginning with the first of the second month after the status change occurs.
  • Employees may choose to cancel coverage on themselves and/or their dependents by going online to the Change Process form. The effective date of this change can be the first of the month following the status change or the first of the following month. The desired effective date must be noted on the transaction. Please note that the only time employees are able to change from one plan option to another (e.g. from Smart Choice Standard to Smart Choice Basic) is during the State Health Plan Annual Enrollment period.

Disability

  • Disability coverage offered through the Disability Income Plan of North Carolina (part of TSERS) will cancel on the last day of the month in which the status change occurs.
  • Liberty Mutual disability coverage is contingent upon participation in the Retirement System, and will cancel on the last day of the month in which the status change occurs.
  • The Standard Disability Plan coverage is contingent upon participation in ORP, and will cancel on the last day of the month in which the status change occurs.

Life Insurance

  • The Death Benefit offered through the Retirement System will cancel on the last day of the month in which the status change occurs.
  • Metropolitan Life Insurance coverage will remain in effect but will change according to the employee's adjusted base, annual salary (e.g. 2 times employee's new salary). The monthly premium will change to reflect this change in coverage.

NC Flex

  • NC Flex benefits will remain the same. Employees may view their currently elections by visiting eEnroll.

MetLaw Plan

  • The MetLaw benefit will remain the same.

Employee Leave

  • Biweekly leave accruals will be adjusted based on the employee's new appointment. See the current Employee Leave policy.

All completed forms should be mailed to Employee Benefits at the address below. The employee may contact the Benefits office by phone at 984-974-1100 or by e-mail if they have questions regarding benefits as they relate to this status change.

Employee Benefits
211 Friday Center Drive, Suite 2057
Chapel Hill, NC 27517

Payroll Office
211 Friday Center Drive, Suite 2047
Chapel Hill, NC 27517

Please remember, any changes to these benefits must be initiated within 30 days of the status change.

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