Eligibility

Faculty members and professional librarians may participate in most benefits plans if appointed for at least half time (.5 FTE or more) and their employment is expected to last more than one year, and may participate in most other benefit plans if appointed for at least half time.

Administrative staff members:

·         May participate in the basic retirement plan if regularly scheduled to work at least half time (i.e. at least 975 hours per year) and their employment is expected to last more than one year;

·         Are eligible for sick pay and short term disability benefits if regularly scheduled to work at least half time;

·         May participate in most other benefits if regularly scheduled to work at least three-quarter time (i.e. at least 1462.5 hours a year).

All faculty members, professional librarians, and administrative staff members are eligible to contribute to supplemental retirement accounts.

Early Retirees

Tenured faculty members who retire on or after the July 1 in the calendar year in which the faculty member reaches age 59 and before June 30 following age 68, and who have at least 10 years of continuous eligible service, are eligible to participate in the Early Retirement Plan for Tenured Faculty members. These faculty members, and other faculty members who retire on or after age 55 and whose number of years of service and age total at least 75, may continue to participate in health, dental, and life insurance plans until June 30 following age 68 on the same basis as active faculty.

Administrative staff and professional librarians who retire on or after age 55 and whose number of years of service and age total at least 75 may continue to participate in health, dental, and life insurance plans until age 65 on the same basis as active staff.

In addition, administrative staff and professional librarians who were hired prior to July 1, 2001 and who retire between ages 60 and the 65 with at least 10 years of continuous eligible service may also continue to participate in health, dental, and life insurance plans until age 65 on the same basis as active staff even though their number of years of service and age do not total 75.