Easing Into Retirement

A number of options are available for faculty members who wish to ease into retirement.

For Anyone with Tenure or a Confirmed Appointment

Reduced Appointment

This option is provided for and details of which are in the “Agreement on Reduced Appointments” in the Collective Agreement. A reduced appointment may be approved on either a continuing (until retirement) basis or for a specific period. Reduced appointment arrangements can range from full workload for part of the year in combination with no assigned duties in the balance, to partial workload (to a minimum of 50%) for all or part of the year.

To request a reduced appointment, please complete the Reduced Appointment Form (DOC).

Retirement Options

The University and the Faculty Association have agreed to three options for retirement. The agreement is set out in the Letter of Understanding Re: Retirement Options appended to the Agreement on the Framework for Collective Bargaining. To request one of the options, you must meet the following conditions:

  1. You must be a tenure stream faculty, program director or librarian, or 12-Month Lecturer;
  2. You must be at least 60 years old and have at least 10 years of full-time continuous service to the University; and
  3. You understand that by entering into an option that it constitutes irrevocable notice to retire.

If you wish to elect or request a Retirement Option, you must give advance notice of your intention (the “notice period”). Eighteen months’ notice is preferred, but a minimum of twelve months is required, which may be waived by agreement between you and the Head of your Academic Unit.

If you wish to elect or request a retirement option, please complete the Retirement Option Election Form (DOC).

The options are as follows:

Option 1: Phased-in Retirement

The Phased-in Retirement Option is for a maximum of four years in total, at your election (i.e. the notice period, plus the phased-in retirement). During a Phased-in Retirement Appointment, you must continue to perform the full scope of your duties, which will decrease your workload percentage over three years to 75%, 50% and 33-1/3%. This can be modified by agreement between you and the Head of your Academic Unit, provided the minimum level of workload is 33-1/3%.

Benefits provided during the Phased-In Retirement Appointment are as provided for in the “Agreement on Reduced Appointments”, except that where the load, by agreement, is between 33-1/3% and 50%, benefits shall be maintained as if the appointment were 50% or higher. Salary during a Phased-in Retirement Appointment is commensurate with percentage of workload performed.

Option 2: Part-time Appointment

The Part-time Appointment Option is for a maximum of five years in total (i.e. the notice period, plus the part-time appointment). If you elect to take this option you must continue to perform the full scope of your duties at 50% of full-time workload. You may, in consultation with the Head of your Academic Unit, choose from a range of load-options, from full-time/partial-year to part-time/full-year. The Head will make a reasonable effort to accommodate your request for load-options. Please note that a Part-time Appointment with a workload between 51% and 80% requires agreement between you and your Head.

The maximum period for a Part-time Appointment is four years. The retirement date can be shortened with at least six months’ notice provided on either June 30th or December 31st but can only be extended by agreement between you and your Head.

Salary during a Part-time Appointment is commensurate with percentage of workload performed.

Option 3: Reduced-Scope Appointment

The Reduced-Scope Appointment Option is for a maximum of five years in total (i.e. the notice period, plus the reduced scope appointment). This option provides for reduced scope of duties (to either a part-time appointment, or remaining as a full-time appointment) where you can request a reduction in your contribution in one area of your duties, and possibly increase it in others.

Approval of a Reduced-Scope Appointment is at the sole discretion of the Dean of the Faculty (or equivalent), upon the recommendation of the Head of your Academic Unit.

The maximum period for a Reduced-Scope Appointment is four years. The retirement date can be shortened with at least six months’ notice provided on either December 31st or June 30th, but can only be extended by agreement between you and your Head.

Salary during a Reduced-Scope Appointment is commensurate with percentage of workload performed.

For Anyone in a Term Appointment

You may wish to transition into retirement over an extended period of time. Whether you wish to move from full-time to part-time or you wish to reduce your current part-time status, please consult with your Head of Academic Unit on the possibility. Such a transition can begin before or after your normal retirement date and is at the sole discretion of the University. Please be aware of eligibility requirements for pension and benefits both before and after your normal retirement date.

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