Is there any “grandfathering” of the prior FIAP terms?
Yes. Senior faculty members who were hired before January 1, 2004 and who were 54 or older at their hire date may elect to terminate employment and receive benefits in accordance with the prior FIAP terms. Under these prior FIAP terms, a faculty member could terminate employment and receive FIAP benefits as of the academic year-end (June 30) following the completion of 15 years of full-time service.
Related Questions
- Your policy does not explain how items barcoded prior to March 30, 2009 will be handled. How will these materials be considered in terms of compliance?
- Do terms served prior to the effective date of the rule count towards the four-term limit for AmeriCorps State and National?
- Is there any "grandfathering" of the prior FIAP terms?