The faculty or staff member who elects to participate in the Transitioning to Retirement Program will enter into an agreement with the College to retire at a specific future date and to reduce the overall workload from the initial date of the agreement until the date of separation.
The effective date of separation will be specified in the Agreement ("Separation Date").
In no case shall the overall annual workload during the Transition Period be less than half the annual workload of a full-time staff or faculty member. For a faculty member, the percent of full-time shall be 58-75% during the Transition Period and the responsibilities will be specified in the Agreement between the faculty member and the Provost and Vice President for Educational Affairs.
During the Transition Period, a Participant may continue to participate in the College’s benefit plans for active employees.
No additional budget funds will be provided to the participant’s school or department to cover replacement costs during the Transition Period.
The College reserves the right to discontinue the Program, but will give one year's notice of such termination.
Please click here to view the Ithaca College Faculty and Staff Transitioning to Retirement Program Summary.