Section VI - Employment Matters

VI D 1

Benefits - Retirement and Investment Plans

To give notice of employees’ participation in the State Retirement Plan and to inform employees of other retirement plans in which they may elect to participate and where information about the plans is available.

Employees of Randolph Community College participate in the State Retirement Plan as well as Social Security. Upon employment, employees are given information regarding the State Retirement Plan.

Full-time employees can elect to participate in the following supplemental retirement plans by payroll deduction:

  1. 401(k) Plan (pre-tax)
  2. Roth/401(k) Plan (after tax)
  3. 457 Plan (pre-tax)
  4. Roth 457 Plan (after tax)

Information on the State Retirement Plan is available at https://myncretirement.com. Information on all retirement plans is available in the Human Resource Office.

 

Adopted: 04/15/1999

Revised: 02/01/2000, 07/17/2008, 05/20/2010