What is the Faculty Early Retirement Program (FERP)?
Answer. FERP is a program for tenured faculty, age 55 years or older, who may request participation if retiring for service rather than disability retirement. The program is designed to allow retiring faculty to work for a specified period each academic year, for a limited number of years, in addition to retirement benefits from CalPERS. The program currently offers the retiree a choice between working one quarter per academic year at full-time or the academic year (three quarters) at half-time. Other CSU employment during FERP participation is strictly prohibited. For more information regarding FERP, please visit Faculty Affairs website @ http://www.csupomona.
Answer. FERP is a program for tenured faculty, age 55 years or older, who may request participation if retiring for service rather than disability retirement. The program is designed to allow retiring faculty to work for a specified period each academic year, for a limited number of years, in addition to retirement benefits from CalPERS. The program currently offers the retiree a choice between working one quarter per academic year at full-time or the academic year (three quarters) at half-time. Other CSU employment during FERP participation is strictly prohibited.
