Employees invited to comment on Phased Retirement Program

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News for UC Agriculture & Natural Resources employees.

Author: Pamela Kan-Rice

Published on: October 3, 2014

Employees have the opportunity to comment on the proposed renewal of the Phased Retirement Program. Originally offered in 2012 as part of the University's cost savings and succession planning strategies, and scheduled to sunset at the end of this year, the core provisions of the proposed renewed program remain the same as the original program.

The Phased Retirement Program is an optional tool that locations may choose to provide eligible policy-covered staff who are 55 or older a transition into retirement. Individual departments decide whether it makes sense to offer this program within their operations after evaluating business needs. For represented employees, that program is subject to departmental approval as well as collective bargaining.

The program document is posted at http://ucop.edu/human-resources/_files/phased-retirement.pdf

Please send all comments to Robin Sanchez at rgsanchez@ucanr.edu by Oct. 24.

Tags: policy (77), Retirement (23), Robin Sanchez (19)

Comments: 4

Comments:

by Chris Smith

on October 6, 2014 at 10:41 AM

I would like to see the program extended. It's an invaluable tool to get employees' near retirement to commit to retirement so we can make plans to ensure no to minimal disruption in services the "retiring" employee performed.

by Rob Bennaton

on October 6, 2014 at 5:08 PM

i think the program should be extended.

by John N. Kabashima

on October 7, 2014 at 8:40 AM

I support renewing the Phased Retirement Program. I am planning to retire on June 30, 2015 and hope to help minimize the loss of a critical position by volunteering as a non-academic emeritus Advisor. However, there is an uncontrollable covariable called a "wife" that may influence the amount of time I can volunteer. The phased retirement program and it's incentives would be an excellent way for me to transition into retirement and enable the office to provide my service and expertise until another academic position can be approved.

by Tina Perez

on October 7, 2014 at 11:00 AM

I think this is a great program to offer to employees. Though I myself wouldn't have a need to transition into retirement. I think I can manage fairly easily. I do see it as an opportunity for the departments especially while they recruit to replace your position and if any training is needed.