Phased Retirement Program

 

Recently, emails were sent to faculty members who may be eligible to enter the Phased Retirement Program beginning with the 2022-23 academic year.  This notice is intended to alert all eligible faculty, regardless of whether you received a letter, that we are now accepting applications.  The program is available to all tenured faculty members who by August 1, 2022 meet the specified criteria based on the retirement program in which they are enrolled.  These include:

  • Participating faculty who are members in the N. C. Teachers' and State Employees' Retirement System (TSERS) must be at least age 62 upon entering the Phased Retirement Program, have at least five years of full-time service at Appalachian State University, and be eligible to receive a retirement benefit under TSERS.
  •  Participating faculty who are participants in the Optional Retirement Program (ORP) must be at least age 59 ½ upon entering the Phased Retirement Program, have at least five years of full-time service at Appalachian State University, and be eligible to receive a retirement benefit under ORP

For a more complete summary of the program and application material, please reference the following link at the HRS web site.

 http://hrs.appstate.edu/hr-services/benefits/phased-retirement 

The deadline for submitting applications to enter the program in the 2022-23  academic year is January 10, 2022. If you have questions about the program, please contact Talana Bell (belltj@appstate.edu) in my office or Angie Miller (millerad@appstate.edu) in Human Resource Services.



Published: Oct 5, 2021 4:36pm

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