Clone of Phased Retirement Program for Tenure-line Faculty
(Please note: This website is open only to tenure-line faculty. If you do not have access but believe you should, please contact Lesley Sebastian (new window) for assistance.)
Schedule:
Main Campus |
Law Center and Medical Center |
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Eligible faculty informed about the opportunity to apply for the Voluntary Phased Retirement Program |
August 1 |
September 1 |
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Deadline for receipt of the Application and Work Plan Request |
November 1 |
February 1 |
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Agreement delivered to faculty accepted for program1 |
March 1 |
April 15 |
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Signed Agreement due back from faculty2 |
April 15 |
May 31 |
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Revocation Period ends |
April 22 |
June 7 |
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Phase-down period begins |
July 1 |
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1. Faculty members who are not accepted for the Program will be given notice of that decision and have 60 days (required by law) to submit an appeal to the Administrator.
2. Tenured faculty members electing to participate in the program will be required to execute a formal separation agreement and release of claims against the University, including claims arising under the Age Discrimination in Employment Act, and must be given at least 45 days within which to consider the agreement. In addition, such faculty members must be given a period of seven days after executing such a waiver to revoke her/his acceptance of the waiver.