Purpose
The Voluntary Phased Retirement program is intended to meet the needs of faculty members who wish to transition into full retirement while continuing to provide service to their university. The program allows a faculty member to have a gradual work commitment reduction over a defined period of time at a reduced compensation level. Phased Retirement will allow both the faculty member and the university to effectively plan ahead, and provide adequate time for tenured faculty members to share their knowledge and experience with the next generation of faculty.
Upon approval of a
Phased Retirement Application, the faculty member must complete the
Phased Retirement Agreement Template, indicating the effective date of his/her retirement, attach the approved Phased Retirement Application, and submit it to the university president for signature. After the document has been fully executed, a copy will be provided to the faculty member, along with copies to university Human Resources, the Dean/Other appropriate manager, State APSCUF and Local APSCUF.
FAQs Benefits Application Agreement Samples