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Senior Academic and Administrative Officers as designated by the Board of Governors of The University of North Carolina, faculty with the rank of instructor or above, and non-faculty instructional and research employees exempt from the State Personnel Act, are eligible to participate in the Optional Retirement Program if they are permanently employed at least three-fourths time (at least 30 hours per week) for nine or more months per year on a recurring basis. The University of North Carolina Optional Retirement Program (ORP) is an option or alternative to the NC Teachers' and State Employees' Retirement System (TSERS).  Click on this link for a comparison of both programsChoosing a Retirement Program”