A person with Preferred. Status is a person who has had full responsibility at least equivalent to that associated with teaching a half University degree credit course in each of two of the last three Fiscal Years, but who is not currently under Appointment. A Full-Time Member cannot have Preferred Status, even when also holding a Limited-Duties Appointment. A Graduate Student cannot be a person with Preferred Status based on assignments given through Clause 3 d) of this Article. A person with Preferred Status shall retain all rights accorded to a Part-Time Member by the provisions of the Article Appointments, and by the provisions of the Article Grievance and Arbitration should a violation of the Article Appointments be alleged. A person with Preferred Status may continue as a non-contributing member of the pension plan for a period of up to eighteen months. Should the member wish to terminate membership in the pension plan, then they may waive the grace period.
