Reemployment Agreement Sample Contracts

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UNIVERSITY OF NORTH CAROLINA PHASED RETIREMENT APPLICATION AND REEMPLOYMENT AGREEMENT
Reemployment Agreement • September 12th, 2022

To participate in the University of North Carolina Phased Retirement Program (the "Program"), I understand that I hereby voluntarily resign my full-time employment with the University of North Carolina at Wilmington ("UNCW”), give up my tenured status, and accept a half-time, non-tenured phased retirement position. I further understand that I may elect to start receiving the benefits I have accrued under either the Teachers’ and State Employees’ Retirement System ("TSERS") or the Optional Retirement Plan ("ORP"), but am not required to do so. Furthermore, all retirement benefits for which I am eligible shall be determined in accordance with the applicable Plan. I understand and acknowledge that my decision to participate in this Program is voluntary and irreversible.

UNIVERSITY OF NORTH CAROLINA PHASED RETIREMENT PROGRAM GENERAL RELEASE
Reemployment Agreement • January 16th, 2008
UNIVERSITY OF NORTH CAROLINA PHASED RETIREMENT APPLICATION AND
Reemployment Agreement • November 21st, 2023

To participate in the University of North Carolina Phased Retirement Program (the "Program"), I understand that I hereby voluntarily resign my full-time employment with the University of North Carolina ("UNC")/The University of North Carolina at Chapel Hill, give up my tenured status, and accept a half-time, non-tenured phased retirement position. I further understand that I may elect to start receiving the benefits I have accrued under either the Teachers’ and State Employees’ Retirement System ("TSERS") or the Optional Retirement Plan ("ORP"), but, am not required to do so. Furthermore, all retirement benefits for which I am eligible shall be determined in accordance with the applicable Plan and retiree health is contingent on a monthly benefit from TSERS or the ORP. I understand and acknowledge that my decision to participate in this Program is voluntary and irreversible.

DEPARTMENT: AGE: YEARS OF SERVICE: RETIREMENT PLAN:
Reemployment Agreement • February 25th, 2013

To participate in the University of North Carolina Phased Retirement Program (the "Program"), I understand that I hereby voluntarily resign my full-time employment with the University of North Carolina ("UNC")/ Winston-Salem State University, give up my tenured status, and accept a half- time, non-tenured phased retirement position. I further understand that I may elect to start receiving the benefits I have accrued under either the Teachers’ and State Employees’ Retirement System ("TSERS") or the Optional Retirement Plan ("ORP"), but am not required to do so. Furthermore, all retirement benefits for which I am eligible shall be determined in accordance with the applicable Plan. I understand and acknowledge that my decision to participate in this Program is voluntary and irreversible.

UNIVERSITY OF NORTH CAROLINA PHASED RETIREMENT APPLICATION AND REEMPLOYMENT AGREEMENT
Reemployment Agreement • September 16th, 2011

To participate in the University of North Carolina Phased Retirement Program (the "Program"), I understand that I hereby voluntarily resign my full-time employment with the University of North Carolina ("UNC")/ Western Carolina University, give up my tenured status, and accept a half-time, non-tenured phased retirement position. I further understand that I may elect to start receiving the benefits I have accrued under either the Teachers’ and State Employees’ Retirement System ("TSERS") or the Optional Retirement Plan ("ORP"), but am not required to do so. Furthermore, all retirement benefits for which I am eligible shall be determined in accordance with the applicable Plan. I understand and acknowledge that my decision to participate in this Program is voluntary and irreversible.

UNIVERSITY OF NORTH CAROLINA PHASED RETIREMENT PROGRAM RELEASE
Reemployment Agreement • October 11th, 2011
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