STATE UNIVERSITY SYSTEM OF FLORIDA --- FLORIDA INTERNATIONAL UNIVERSITY PHASED RETIREMENT PROGRAM AGREEMENT FOR IN-UNIT FACULTYPhased Retirement Program Agreement • January 13th, 2021
Contract Type FiledJanuary 13th, 2021To participate in the Phased Retirement Program, I understand that I must retire pursuant to the laws of Florida and the rules of the Florida Division of Retirement. Furthermore, all retirement benefits for which I am eligible shall be determined accordingly. I understand that by retiring I relinquish all rights to tenure/permanent status. Also, I understand that my decision to participate in this program is irrevocable. DRS employees and those in the Deferred Retirement Option Program (DROP) are not eligible for the PRP.