1. SENIOR TRANSITIONS Retirement from the Faculty
Regular Retirement and Retirement under FRIP

2. Presenters Ellen Waxman Director of Faculty Relations
Cristen Shinbasi Provost’s Office – Faculty Retirement Specialist
James Jezyk University HR Service Team
Teresa Juarez University HR Service Team

3. Agenda Qualification for Retirement Emeritus Status
Recall to Active Duty
Sabbatical and Retirement
Faculty Retirement Incentive Program (FRIP)
Timeline for Retirement Processing
Benefits in Retirement
Questions and Answers

4. Qualification for Retirement
Ellen Waxman

5. Administrative Guide
2. Employees Hired On or After January 1, 1992
Employees with a benefits-eligible hire date on or after January 1, 1992 qualify as an Official University Retiree when all the following requirements are met:
At least 10 years of benefits-eligible service, and
Age and years of service total 75 or more.
This rule is called "The Rule of 75."

6. Administrative Guide 2.1.10 1. Employees Hired Before January 1, 1992
Employees with a benefits-eligible hire date before January 1, 1992 can qualify as an Official University Retiree one of two ways:
Complete at least 10 years of benefits-eligible service and are at least age 55 at the time of retirement, or
Meet the "Rule of 75" [see (2) below].

7. Whether You Wish to Take Regular Retirement or FRIP, You Must Meet These Qualifications

8. To Determine Your Eligibility
Phone the HR SERVICE TEAM at: or

9. RETIREMENT FINANCIAL PLANNING
Faculty may be reimbursed up to $1000 on a one time basis for financial planning related to retirement

10. Emeritus Status
Ellen Waxman

11. Emeritus Status LIFETIME STATUS
ELIGIBLE TO CONTINUE TO CONTRIBUTE IN MANY WAYS TO THE UNIVERSITY, SCHOOL AND DEPARTMENT
ELIGIBLE FOR RECALL WITH DEPARTMENT AND SCHOOL APPROVAL(IF FRIP, LIMITED RECALL)
BENEFITS:

12. STANFORD ID CARD PRIVILEGES FREE “A” PARKING STICKER
EMERITUS BENEFITS
SUNET ID
STANFORD ID CARD PRIVILEGES
FREE “A” PARKING STICKER
MAY CONTINUE TO LIVE IN CAMPUS HOME
CONTINUED ELIGIBILITY FOR TUITION GRANT PROGRAM

13. TO BE ON A RESEARCH GRANT TO DO CLINICAL CARE TO TEACH A CLASS
EMERITUS RECALL
NEED TO BE RECALLED TO:
BE PAID AS AN EMPLOYEE
TO BE ON A RESEARCH GRANT
TO DO CLINICAL CARE
TO TEACH A CLASS

14. Sabbatical and Retirement
No Sabbatical (or Leave) in the 12 months preceding retirement
The Current Provost accepts FRIP recall service as service to the University

15. FACULTY RETIREMENT INCENTIVE PROGRAM (FRIP) and TIMELINE FOR RETIREMENT PROCESSING
Cristen Shinbashi