What Does This Change Mean?
The funds affected will offer participants the same investment strategy and risk as they currently do, but the overall expenses will be lower. By paying less in fees, plan participants will be able to keep more of their investment returns.
If you participate in the ORP, SAORP, SAERP, and/or the UNC 457(b) Plan, you can review the updates by going to the link below.
This notice has been posted to the UNC System Benefits websites for the ORP and UNC 457 Plan websites under “Important Notices.” (UNC Fund Notice 09-2025)