Options for retirement and eligibility criteria are outlined in Retirement Planning & Programs | Ithaca College.
Faculty interested in Transition to Retirement Program | Ithaca College can find full information on this website. Timeline for faculty who wish to pursue this option:
- Step 1. Consult with your Dean. A request for participation in the Plan must be made by the Faculty member to their Dean no later than the first day of the semester prior to when the agreement would start. The Dean and Faculty member, in consultation with the department, will come up with a proposed agreement. According to the parameters outlined in the policy, faculty members must have a workload between 58% and 75% of full time. Thus, since faculty workload is 24 credits for 9 month faculty, the proposed plan must specify between 14 and 18 credits of work per year. Similarly, since faculty workload is 30 credits for 12 month faculty, the plan must specify between 17.5 and 22.5 credits of work per year.
- Step 2: If the Dean is supportive of the request, he/she must send a written memo to the Provost and Vice President for Academic Affairs that includes the proposed terms of the agreement. The Provost and Vice President for Academic Affairs will make the final approval.
- Step 3: At the request of the Provost, Human Resources will draw up the Transition to Retirement Agreement. A signed Transition to Retirement Agreement must be completed and signed by all necessary parties (faculty member, dean, provost, human resources) prior to the first day of pre-registration for the semester the transition will begin.