Faculty Early Retirement Program (FERP)

Whether you are contemplating participating in the Faculty Early Retirement Program (FERP) or already enrolled, this page is intended to provide you with valuable information about your benefits and pay while enrolled in the Program.

The Faculty Early Retirement Program is administered by the Office of 教员事务 and 发展. The source of much of this information is 第二十九条 of the Collective Bargaining Agreement between the Board of Trustees of California State University and the California Faculty Association, which you are encouraged to read in its entirety.

FERP is a program that allows tenured faculty who are eligible for service retirement to retire and continue teaching for a maximum time-base and duration for a maximum of five years as established in the Unit 3 Faculty Collective Bargaining Agreement. It allows a faculty member to receive their retirement income plus receive up to one-half of a year’s salary for teaching one semester each year or half-time both semesters each year. The program allows a faculty member to work a maximum of ninety (90) days per year (or 50% of the faculty member’s regular time-base in the year preceding retirement) while receiving full retirement income from the Public Employees’ Retirement System (PERS).

For general information on the application process, please contact Ms. 谢丽尔Atienza at (310) 243-3766.

你应该知道什么

1. Completing the Service Retirement Election Application:

加州公务员退休基金建议 that you begin the steps to retire from 加州公务员退休基金 at least a year before your retirement date. 然而, you should not submit your Service Retirement Application to 加州公务员退休基金 more than 120 days prior to your retirement date.  You must have applied for and received verification of your 加州公务员退休基金 Service Retirement prior to the first day of the academic year in which your participation in FERP begins.  Contact 教员事务 for the respective FERP应用程序 deadline for the Academic Year you wish to begin FERP.  If you have not already done so, please visit the 加州公务员退休基金 website for information on upcoming retirement workshops and the retirement process.

2. 选择分居 & 退休生效日期:

After consulting with 加州公务员退休基金 and/or receiving a Retirement Estimation, choose a retirement date that works best for you.  The Separation date that you supply on your FERP application date should be the day before your "退休日期".

3. Deciding the Number of Sick Leave Hours to Carry-Over into Retirement:

Faculty entering FERP may carry over up to 48 hours of sick leave credit for use during FERP.  FERP Faculty continue to earn sick leave credit on a pro-rata basis for each active pay period.  A maximum of one hundred and sixty (160) hours of sick leave may be accrued during FERP. At the end of the FERP appointment, any remaining sick leave is forfeited and may not be converted to service credit.

4. Submitting Your 加州公务员退休基金 Service Retirement Election Application:

Submit your completed retirement application and the required documents to 加州公务员退休基金. Your application can be submitted in person at a 加州公务员退休基金 Regional Office, by mail, or online using 我|加州公务员退休基金. Be sure to keep a copy of all the documents submitted for your own record.

资源链接

We encourage you to visit the 基督教社会联盟DH 福利服务 website for additional 加州公务员退休基金 information such as: Retirement Formula, Vesting Requirements for 健康 and Dental Benefits and much more.

联系信息:
戴安娜·迪亚兹福利服务经理
(310) 243-3005

有用的文件及表格

Application to submit for consideration for Faculty Early Retirement Program (FERP).