I processed a retirement for a staff employee, but it was just rejected by the Office of Human Resources for having the incorrect termination type. Why was this rejected?
In this situation, the Office of Human Resources determined that the employee did not meet the qualifications to formally retire with benefits. Selecting RETIRE as the Termination Type and Reason changes the employee’s status in the database to RET, which means the employee is qualified to receive benefits in retirement. Therefore, the termination type in this case would be Voluntary, and the code in the database would simply be TER, or terminated, and the employee would not receive benefits. The employee may regard his leaving Penn State as a retirement, but, technically, it is a resignation. It is advisable, whenever an employee announces that he/she intends to retire, for the submitter to review with his/her Human Resources Representative and with the Benefits Division, if necessary, in advance of processing the Termination form, to ensure that the correct choice has been made.
Related Questions
- I’m processing a termination for a staff employee who is retiring. Why is the form asking me to put in an Emeritus Title?
- How will an employees retirement and state service credit be impacted during the staff severance program?
- What needs to be done by retiring faculty with the Office of Human Resources prior to retirement?
