Common use of Retirement Policy Clause in Contracts

Retirement Policy. A regular faculty member shall retire from continuous employment at the College on August 31st next following the employee's 65th birthday. A regular faculty member who retires as a result of the application of this article loses all seniority as defined in Article 1.3. A regular faculty member who retires as a result of the application of this article and who wishes to instruct as a contract faculty member as defined in Article 1.3 must advise the College in writing. Benefits will be made available to these faculty in accordance with Article 15.9 until age seventy.

Retirement Policy. A regular faculty member shall retire from continuous employment at the College on August 31st next following the employee's 65th birthday. A regular faculty member who retires as a result of the application of this article loses all seniority as defined and advises the College in Article 1.3. A regular faculty member who retires as a result of the application of this article and who writing prior to retirement that he/she wishes to instruct as a contract faculty member as defined in Article 1.3 must advise member, shall retain FTE service for the College in writingpurposes of claiming contract work of less than half-time. Benefits will be made available to these faculty in accordance with Article 15.9 13.10 until age seventy.