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Welcome to My NC Retirement for government employees, employers, and retirees! Here you'll find resources and tools to help you determine what actions to take to address your short-term and long-term financial and retirement planning needs.
When Kurt and Lisa Presar were married more than 30 years ago, one of their favorite jokes was deciding what they would do if they ever became wealthy. When Mr. Presar was faced with a life changing circumstance, he made a decision with which he knew his wife would be pleased. In honor of her life and her love for teaching…
America Saves Week - February 24 - March 1
February 24, 2014, is the start of America Saves Week. During this week we encourage you to think about ways to save money and build personal wealth. This is a great time to assess your retirement savings and begin taking steps to ensure a financially secure retirement. Visit the America Saves Week
website to find out the Status of Your Savings, and for more information.
Tax Changes for Retirees and Benefit Recipients
Due to changes in state law, retirees and benefit recipients must update tax withholdings for any pension payment periods beginning on or after January 1, 2014.
Change your tax withholdings using one of the following methods:
You may log in to your ORBIT account and change your tax withholdings by visiting www.myncretirement.com. Then click on “Maintain Tax Withholding” to view and change the tax withholding for your account, or
Please update your tax withholding status by the end of February. If you complete the tax form, please return the form to the NC Retirement Systems at 325 N. Salisbury St., Raleigh, NC 27603.
If you have questions about your taxes, the withholding form or withholding requirements, please contact the state Department of Revenue at 1-877-252-4487 or view the frequently asked questions at www.dornc.com.
State Health Plan Revises Enrollment Process for Eligible Retiring Employees
The process has changed for enrolling eligible retiring employees who elect retiree health plan coverage through the State Health Plan. If you made an election during open enrollment, this does not effect that election. Click here
for more information.
Supplemental Retirement Plans Rebranding
The Retirement Systems has launched a new website and branding for its Supplemental Retirement Plans – the NC 401(k) and NC 457 Plans, and the NC 403(b) Program. “NC Total Retirement Plans” more accurately describes what these plans mean to our members – supplemental investments to provide for a total retirement.
These are the same supplemental plans offered to members in the past, just a new look. The Retirement Systems has the same goal for the investments it has always had – to offer a diversified array of quality investments at a competitive cost.
If your projected retirement income is below the recommended 80 percent of your pre-retirement income, you may want to visit the new site
to check out the new look, and find out if these retirement plans will help you reach your retirement financial planning goals.
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Find Us on Facebook
The North Carolina Retirement Systems is now on Facebook. Be sure to like us on Facebook and stay up-to-date with information on long-term financial planning, retirement readiness tips, updates on the North Carolina Pension Fund, and much more.