Tenure Relinquishment. Section 1: The relinquishment of tenure is accomplished through the development and signing of a “tenure relinquishment agreement.” Upon execution by the University and a faculty member of an agreement to relinquish tenure and retire at a date certain no later than three years from the date of the tenure relinquishment agreement, the faculty member's base 9-month salary is immediately increased by six percent. The faculty member is eligible to participate in any subsequent salary increases negotiated by AAP and the university. The faculty member's tenure status changes from "indefinite tenure" to "fixed-term" upon signing the agreement. However, for purposes of possible changes in appointments resulting from sanctions for cause or elimination or reduction of programs, the faculty member will be treated as though she or he had indefinite tenure. Faculty who relinquish their tenure under this section shall continue to possess all the rights and privileges and responsibilities of a bargaining unit member under this contract, including service to the university and other assignments.
Section 2: The process of forming a tenure relinquishment agreement is initiated by meeting with the Xxxx or Director. A tenure relinquishment proposal is then developed, often going through a number of drafts, to assure that the agreement meets the needs of the University and the faculty member. After discussing possibilities and preferences, the Xxxxxxx will prepare a final agreement that can be signed, further refined or forgotten. Once executed, the tenure relinquishment agreement can be amended by mutual agreement in writing.
Section 3: The parties agree to review the effectiveness and purpose of the tenure relinquishment program in subsequent negotiations.
Tenure Relinquishment member may voluntarily decide to participate in the Program by completing, and submitting, a Gradual Retirement Program Application and Agreement form. The form should indicate the following: effective date of his or her relinquishment of indefinite tenure and resignation or retirement from his or her tenured appointment; and how many years of additional employment he or she is requesting, not to exceed 1039 work hours per calendar year nor exceed three calendar years from date of resignation or retirement. Tenure relinquishment is permanent. Faculty who participate in the Gradual Retirement Program are appointed to a NTT academic wage appointment for the agreed upon duration of their continued employment. The academic wage appointment basis (9 months) shall be consistent with the appointment basis held prior to the faculty member’s resignation or retirement. A faculty member’s academic wage appointment basis may vary from the appointment basis held prior to resignation or retirement if agreed to by all parties (e.g., 12 months to 9 months). If the appointment basis is changed, the salary for the academic wage appointment is to be converted using the appropriate formula and leave (sick) will be accrued based on the new appointment basis (no exceptions). The start date(s) for the continued annual employment period(s) should be based upon departmental needs. However, 9-month faculty members relinquishing tenure at the end of the academic year (June 15) are placed on a 9-month academic wage appointment effective the beginning of Fall Term (September 16) with benefits provided over the summer through the “tripling” process completed in May for 9-month employees. The start date of the academic wage appointment for 9-month faculty members relinquishing tenure at the end of Fall Term (December 15) or Spring Term (March 15) will be the first of the following month. 12-month faculty members relinquishing tenure generally do so at the end of a month so as to be eligible for full benefits the following month.
Tenure Relinquishment. The relinquishment of tenure is accomplished through the development and signing of a “tenure relinquishment agreement.” Upon execution by the University and a faculty member of an agreement to relinquish tenure and retire at a date certain no later than three years from the date of the tenure relinquishment agreement, the faculty member's base 9-month salary is immediately increased by six percent. The faculty member is eligible to participate in any subsequent
Tenure Relinquishment. The relinquishment of tenure is accomplished through the development and signing of a “tenure relinquishment agreement.” Upon execution by the University and a faculty member of an agreement to relinquish tenure and retire at a date certain no later than three years from the date of the tenure relinquishment agreement, the faculty member's base 9-month salary is immediately increased by six percent. The faculty member is eligible to participate in any subsequent salary increases negotiated by AAP and the University. The faculty member's tenure status changes from “indefinite tenure” to “fixed-term” upon signing the agreement.
