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Planned Retirement Program

At the June 28 Board meeting, the Board approved the Planned Retirement Program for full-time non-union classified, professional, and administrative employees. Under the program, eligible employees can submit an irrevocable letter of retirement to the Director, Human Resources up to three years in advance of their retirement date. Upon acceptance of the retirement by the Board of Trustees, the employee will receive a raise of 3.25% to their base salary for each of their last years of service. In addition, in May, the Board approved a Memorandum of Understanding (MOU) extending the Faculty Collective Bargaining Agreement set to expire August 10, 2022. The MOU continued the Planned Retirement Program for faculty and modified the increase to 3.25% for new participants. For additional information on the Planned Retirement Programs and eligibility requirements, please contact Human Resources.