Policy Number: 208

Phased Retirement for Tenured Faculty

Subject:

Phased Retirement of Tenured Faculty

Scope:

Tenured Faculty

Date Reviewed: May 2012

Responsible Office: Office of Academic and Research Affairs

Responsible Executive: Executive Vice President of Academic and Research Affairs

I.     POLICY AND GENERAL STATEMENT

The University of Texas Health Science Center at Houston (the “university”) may offer tenured faculty, who have met the service requirements for retirement under the Teacher Retirement System or the Optional Retirement Program, the option of retiring and relinquishing their tenure and any endowed positions, then maintaining a part-time appointment for a set period of time in order to “phase” into complete retirement. Phased Retirement shall be allowed only after a determination that a part-time continued appointment not only benefits the individual faculty retiree but also will result in a significant benefit to the university. Appointment to Phased Retirement shall be for a specific period of time not to exceed three academic years. Such appointments shall terminate at the expiration of the Phased Retirement period.  Existing policies of the university related to retirement and/or emeritus faculty status apply.

II.     DEFINITIONS

A. Retiree - A retiree is any tenured faculty member who voluntarily terminates employment with the university and who meets the service requirements for retirement under the Teacher Retirement System or the Optional Retirement Program.

B. Phased Retirement - Phased Retirement is an option that may be offered to tenured faculty to retire and relinquish their tenure and any endowed position in exchange for a set term of reduced appointment in teaching, clinical service and/or research. The tenured faculty member would officially retire, then maintain a part-time term appointment without tenure until the expiration of the Phased Retirement Agreement.  The Phased Retirement Agreement may not exceed three years.

C. Phased Retirement Agreement - An agreed plan for phasing the faculty appointment from 100% employment to full retirement. The plan should include the fiscal years involved, the percentage of appointment for each fiscal year, workload and academic duties, and compensation.

III.     PROCEDURE

A. Eligible individuals desiring Phased Retirement should develop a Phased Retirement plan through discussions with the department chair and/or the dean at least three months prior to the desired effective date.

B. This plan will be in the form of a proposed written agreement for Phased Retirement using the approved form (Attachment A).  The Agreement must be reviewed and approved by the faculty member, the department chair, the dean and the Executive Vice President for Academic and Research Affairs.

C. At the agreed upon date, the faculty member retires and relinquishes his or her tenure and any endowed position(s).  The retiree will receive any customary payout of vacation upon retirement as provided in HOOP Policy 28 Vacation.  The normal personnel action process for retirement will apply.

D. The Agreement remains in effect until complete retirement at the end of the Phased Retirement period, unless the faculty member elects to complete retirement prior to that date.

E. Faculty compensation and benefits during Phased Retirement:

IV.     CONTACTS

Contact Telephone Email/Web Address
Academic and Research Affairs 713.500.3060 http://www.uthouston.edu/evpara/personnel.htm

V.     EXHIBITS

Attachment A

Attachment B