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ORBIT Help »   Retiree Resources »   Retirement Benefit Payments »   Changing Your Payment Plan

Changing Your Payment Plan

You may not change the payment plan you selected after you have cashed a retirement check, or after the 25th of the month following the month your first check is mailed (whichever occurs first), except under one of the following two conditions:

  • If you select an option that provides a monthly benefit to your spouse as a beneficiary after your death (Option 2, 3, 6-2 or 6-3) and later become divorced from that spouse, or
  • If you are rehired in a position covered by the same system from which you retired and contribute to your new account for at least three years.

Retirement Benefit Payments

  • Changing Your Payment Plan
  • Increases in Your Benefit (COLAs)
  • State Law Changes

Disclaimer

While this website is intended to be as accurate as possible, the explanation is subject in all respects to the detailed provisions of the North Carolina law. It must be understood that the explanation in this website cannot alter, modify, or otherwise change the controlling legal documents or N.C. General Statutes in any way, nor can any right accrue by reason of any statement or omission of any statement in this website.

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Contact Information

Retirement Systems Division
Address: 3200 Atlantic Avenue, Raleigh, NC 27604
Email: NC.Retirement@nctreasurer.com
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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https://help.myncretirement.com/retiree-resources/retirement-benefit-payments/changing-your-payment-plan