Employees who have been employed at least six years of creditable service (not including leaves of absence) and are eligible to retire according to state retirement program rules.
(Non-Eligible) Employees not eligible to participate in PRP include those who have received notice of non-reappointment, layoff, or termination; or those who participate in the State’s Deferred Retirement Option Program (DROP), and FAUS employees.
Eligibility shall expire on the employee’s 70th birthday.
Those who decide to participate must provide written notice to the University prior to the expiration of their eligibility.
Those who choose to participate must retire with an effective date not later than 180 days, nor less than 90 days, after that submit such written notice, except that when the end of this 180 day period falls within a semester, the period may be extended no later than the beginning of the subsequent term.
For program provisions, including payment for unused leave, re-employment, leave for illness/injury, salary increases, preservation of rights, etc., please refer to Article 24 Benefits in the current BOT/UFF Collective Bargaining Agreement.
Note: The decision to participate in the Phased Retirement Program is irrevocable after the required approval document has been executed by all parties. Program availability, details, and eligibility are subject to change. Please refer to the current Collective Bargaining Agreement.