For additional Retirement Information, visit State Retirement System under Employee Benefits section of our website.
Employees can save for retirement making pre-tax contributions and/or Roth 403(b) or 457 after-tax contributions. CMS has joinedwww.omni403b.com to provide an online administrative system that helps manage your plans in accordance with the internal Revenue Code requirements.
OMNI’s services will include review and approval of any and all 403(b) and 457(b) transactions, as well as the implementation of Salary Reduction Agreement (SRA) forms. Accordingly, should you wish to pursue any 403(b) or 457(b) transaction including those listed below, you are encouraged to contact OMNI directly:
If you have any questions, please call OMNI Customer Service Toll Free: 1-877-544-6664 or follow the instructions below.
Step 1: Go to OMNI’s website at www.omni403b.com and select the purple button labeled “Participants”
Step 2: In the lower left hand corner in the blue box select the Employer's State.
Step 3: On the same page, in the lower left-hand corner begin entering the Employer Name. Note that when you begin typing the name, a dropdown box will appear where you can select the correct name.
You have now reached the Organization Page where you will find the following information:
The NC 401(k) Plan and the NC 457 Deferred Compensation Plan
The State of North Carolina offers two retirement plans designed to compliment state employees' pension benefits. The NC 401(k) Plan and the NC 457 Deferred Compensation Plan are overseen by the NC Department of State Treasurer and administered by Prudential Retirement. These plans provide the opportunity for CMS faculty and staff to build retirement savings through employer-sponsored, tax-advantaged plans. For more information, click on the .pdf link below, go to www.NCPlans.Prudential.com or contact one of our local Plan representatives, Lorraine Rodriguez or Kristin Wilkie. NC 401(k):
https://www.retirement.prudential.com/cws/ncplans/K_highlights.pdf NC 457 Deferred Compensation:
https://www.retirement.prudential.com/cws/ncplans/457_highlights.pdf Additional Questions? Contact one of our Regional Retirement Educational Managers: Lorraine Rodriguez (email@example.com) (704) 987-0468 Kristin Wilkie (firstname.lastname@example.org) (704) 948-8387
Once you receive a monthly income benefit as a retired employee, you are eligible to participate in the State Health Plan. For employees first hired on or after October 1, 2006 who retire with at least 20 years of service in the retirement system, health coverage will be provided at no cost. Those employees first hired on or after October 1, 2006 who retire with at least 10 years of service in the retirement system will only be required to pay 50% of the monthly premium for health coverage. Employees first hired prior to October 1, 2006 and who retire with at least 5 years of service, will be provided medical coverage at no cost. You are responsible for any and all dependent coverage premiums.
After one year of contributory service and prior to retirement, you are automatically covered by the NC State Death Benefit Plan, which is term life insurance. Upon your death, your beneficiary will receive a lump sum payment equal to your previous twelve (12) month salary, with a minimum payment of $25,000 and a maximum payment of $50,000. This benefit is also paid if you die within 180 days of the last day for which you were paid salary. It is in addition to any other benefits to which you may be entitled.
You are a member of the Federal Social Security System (FICA). Contributions to FICA are made by both you and CMS. Social Security benefits include retirement, disability payments and survivor's insurance. Your monthly pension from the retirement system is designed to coordinate with social security when you retire.
A comprehensive short-term and long-term disability income plan is provided at the employer's expense for employees who are members of the North Carolina Teachers' and State Employees' Retirement System and meet certain service requirements. The short-term disability plan is available to you if you have accumulated one (1) year of contributory retirement service earned within thirty-six (36) months preceding your disability. Eligibility for benefits begins after you have been medically disabled for sixty (60) consecutive days. The monthly benefit equals fifty percent (50%) of one-twelfth (1/12) of your annual salary.
While out on short-term disability, you are eligible for medical benefits provided you have at least five years of service. If you do not meet this service requirement, you may continue coverage by paying the full premium.
After exhausting short-term disability benefits, if you have at least five (5) years of contributory retirement service earned within ninety-six (96) months preceding the close of your short-term disability benefits you may apply for long-term disability benefits. Long-term disability benefits provide a monthly income equal to sixty-five percent (65%) of one-twelfth (1/12) of your annual salary not to exceed $3,900 per month. Long-term disability benefits continue until the end of the disability or the earliest date you become eligible for unreduced retirement benefits. Benefits from both plans are subject to coordination with other programs. Full-time public school employees injured in the course of employment through an episode of violence are entitled to full salary during disability for up to one (1) year.
Long-Term Care includes a wide range of medical and support services for people who may not be sick but are frail and need custodial care. Custodial care involves providing an individual assistance with activities of daily living (ADLs) or supervision of someone who is cognitively impaired.
Think of the activities that you performed when you woke up this morning.
While you are healthy it is easy to take for granted the above Activities of Daily Living (ADLs). However, when you or a loved one is stricken with a degenerative condition such as stroke or Alzheimer's disease, performing these ADLs becomes impossible without the assistance of another person.
Your group long-term care insurance plan passed by the NC Legislature in 1997 for NC Teachers and State Employees and their family members will help pay the bill for assistance with ADLs.
Find complete details and enroll in the NC State Long-Term Care Benefits Plan any time online at www.prudential.com/gltc (group name: stateplan, password: stateplanltc)
You may also call the plan directly for an explanation of benefits, for answers to questions and/or to get a quote of the premium cost at 1-800-284-9648.
The Charlotte-Mecklenburg School District website (WWW.CMS.K12.NC.US) is in the process of
being updated to ensure compliance with Section 504 of the Rehabilitation Act and Title II of the Americans with Disabilities Act.
In the interim, any website accessibility concerns may be brought via the following, Email:
or Call: 980.343.0115.