Phased Retirement Program. With the approval of the ▇▇▇▇▇▇▇, appropriate Vice President, or designee, a Department may offer eligible professional staff an opportunity for a pre-retirement reduction of full-time service, while gradually phasing into retirement over a defined period, not to exceed three years. A professional staff member’s eligibility to participate in the program is within the discretion of the Department. A Phased Retirement Program may also be offered on a University-wide basis.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement