Nc State Employees Retirement Pay Schedule

Nc State Employees Retirement Pay Schedule An official website of the State of North Carolina An official website of NC How you know State Government websites value user privacy Retirement Systems Division NC 27604 Email NCRetirement nctreasurer Phone 919 814 4590 Office hours in person form deliveries Mon Fri 8 00 am 5 00 pm Call Center open Mon Fri 8 30 am 4

Retirement Benefit for the Month of Date Retirement Payment is Issued Date payment is direct deposited or date a check is mailed January 2024 January 25 2024 February February 23 2024 March March 25 2024 April April 25 2024 May May 24 2024 June June 25 2024 July July 25 2024 August August 23 2024 September September 25 2024 State employees contribute 6 of their salary to the retirement system The State offers low fee tax deferred programs to provide a way to save money to supplement retirement income To learn more about the NC 401 k and Roth Savings Plans and NC 457 Plans visit the Supplemental Retirement Savings page on the North Caroling Retirement

Nc State Employees Retirement Pay Schedule

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Return to Work Allowance Contact Information Retirement Systems Division Address 3200 Atlantic Avenue Raleigh NC 27604 Email NC Retirement nctreasurer Phone 919 814 4590 Call Center open Monday through Friday 8 30 a m 4 30 p m Please Note Currently the Call Center takes a lunch break from 11 30 am to 12 30 pm For most retired state employees and teachers the Oct 25 payment will include an additional 4 of their annual benefit These funds did not come from the Plan itself as they were appropriated by the General Assembly as a part of the budget passed on Oct 3 2023 The payments will not reduce the funded ratio of the State System This one time

When retired state employees and teachers check their bank accounts or open their mail they will find an additional 4 of their annual benefit included with this month s payment The TSERS CJRS and LRS payments were appropriated by the General Assembly and signed by Gov Roy Cooper The LGERS payment will come from retirement funds The Retirement Systems Division Address 3200 Atlantic Avenue Raleigh NC 27604 Email NC Retirement nctreasurer Phone 919 814 4590 Call Center open Monday through Friday 8 30 a m 4 30 p m Please Note Currently the Call Center takes a lunch break from 11 30 am to 12 30 pm

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Under TSERS an employee may be eligible to continue health insurance under the North Carolina State Health Plan when retiring and electing to begin their monthly retirement benefit The cost if any is determined by two factors 1 when state employment began and 2 which health plan is selected If an employee was first hired prior to Retirement Systems Division Address 3200 Atlantic Avenue Raleigh NC 27604 Email NC Retirement nctreasurer Phone 919 814 4590 Call Center open Monday through Friday 8 30 a m 4 30 p m Please Note Currently the Call Center takes a lunch break from 11 30 am to 12 30 pm

TSERS is a Defined Benefit Plan which means retirement benefits are based on salary years of service and a retirement factor The formula for TSERS is Average salary based on the 48 highest consecutive months of earnings Multiplied by a Retirement Factor of 1 82 set by state statute Date payment is direct deposited or date a check is mailed January 2023 January 25 2023 February February 24 2023 March March 24 2023 North Carolina Total Retirement Plans STATE TREASURER OF NORTH CAROLINA DALE FOLWELL CPA Created Date 1 20 2023 1 00 25 PM

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Nc State Employees Retirement Pay Schedule - Our updated website now features the Retiree Pay Dates on the Events page There is a calendar entry for each pay date thru 2023 About Us NCRGEA 528 Wade Avenue Raleigh North Carolina 27605 P 919 834 4652 P 800 356 1190