Employees invited to comment on Phased Retirement Program
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.
Posted by Chris Smith on October 6, 2014 at 10:41 AM