Change in Employment Status for Faculty

Retirement

• Academic administrators and professionals who retire from the university while serving in a 12-month position are entitled to payment for all accrued, unused vacation time.
• They will also be paid for 40 percent up to a maximum of 384 hours (48 days) of their accumulated earned, unused sick leave.
• Such employees retiring under the MOSERS plan will have the remaining earned, unused sick leave reported to MOSERS for inclusion as creditable service in accordance with MOSERS’ policies.
• However, the remaining earned, unused sick leave days will not be reported to the CURP retirement plan for service credit because CURP does not recognize service credit as a component of its retirement benefit calculation.
• Calculation of the unused sick leave upon which the forty percent payment is based will not include the days allotted as unearned sick leave.
• Faculty with 9-month appointments who retire under MOSERS or CURP will not be paid for accrued but unused sick leave upon retirement. Rather, with respect to faculty members who retire under MOSERS, the entire balance of their accrued but unused sick leave will be reported to MOSERS for retirement service credit. Faculty members who choose to remain in and retire under CURP will not receive retirement service credit for accrued but unused sick leave.

Transfer/return to a nine-month faculty position

• When an academic administrator or 12-month academic professional transfers from a 12-month position to a nine-month faculty position, he/she is no longer entitled to paid vacation under this policy.
• Upon assuming the responsibilities of the 9-month faculty position, in addition to any benefits for which the individual is entitled under the Employee Handbook, faculty leave benefits as described in the Faculty Handbook will apply.
• The employee is expected to use all accumulated vacation leave before the nine-month faculty appointment begins.
• Any earned, unused vacation days not taken prior to the start of the nine-month faculty position responsibilities will be paid.
• Academic administrators and 12-month academic professionals transferring from their 12-month position to a 9-month faculty position are not entitled to receive payment for any unused sick time; however, they will retain their earned, unused sick days while serving as faculty.
• If an academic administrator or professional, who has transferred from a 12-month position to a 9-month faculty position, subsequently retires from the university, he/she will not be paid for the forty percent of his/her earned sick leave days. However, he/she may be eligible for retirement service credit consistent with Section 7.2.2.1, above.

Resignation

• Academic administrators and 12-month academic professionals who terminate their employment with the university while serving in a 12-month position are entitled to payment for all unused vacation time, but are not entitled to payment for forty percent of the earned, unused sick leave.
• For MOSERS participants the university will report the number of earned, unused sick leave days the person accrued while serving in the 12-month position in accordance with MOSERS' policy regarding the reporting of unused sick leave.
• For CURP participants the university will not report the number of unused sick leave days earned because CURP does not recognize service credit as a component of its retirement benefit calculation.