I am a long-time faculty member and I want to retire under the facultys Flexible Retirement Option (FRO). When must I retire to get the full College subsidy available under the current plan?
A. Any eligible faculty member who signs up for FRO retirement during the annual spring sign-up period in 2009 will be eligible to receive the current College premium subsidy benefit when she separates from the College in 2012. Anyone who signs up for FRO after July 1, 2009 will receive the premium subsidy outlined in the proposed plan.
Related Questions
- I am a long-time faculty member and I want to retire under the facultys Flexible Retirement Option (FRO). When must I retire to get the full College subsidy available under the current plan?
- If I convert to a faculty position and participate in the Optional Retirement Plan and I retire, will the benefits provide me with retirement income over my lifetime?
- Is there any plan to create an Early Retirement Option for staff similar to the Flexible Retirement Option currently in place for faculty?