Faculty choosing the tenure relinquishment option are eligible for the six percent salary increase but forego any guarantee to post-retirement employment after the date on which tenure is relinquished.
Any tenured faculty member who expects and agrees to retire from the University within the next three years is eligible. Faculty who are ORP participants must read the ORP Decision Making Guide - Retired Participant Information (see page 15).
Duration of Full-time Employment
Faculty members are eligible for up to three years of full time employment prior to the date on which tenure is relinquished. The three year period begins based on the timeline in the tenure reduction program letter of agreement signed by the faculty member and the Senior Vice Provost. The effective date of tenure relinquishment is typically the end of a term or semester even though the actual retirement date may not be.
A one-time salary increase amounting to six percent of the faculty member’s base salary will be effective based on the timeline in the tenure reduction program letter of agreement signed by the faculty member and the Senior Vice Provost. Twelve-month employees can have the increase applied on January 1 or July 1 after signing. The six percent increase in base salary will apply only if the application is made at least one full term (three months for Law School faculty) prior to tenure relinquishment.
Future Salary Increases
Faculty members signing tenure relinquishment agreements will be eligible for salary increases per the collective bargaining agreement and university salary increase guidelines.