XIX.B
Phased Retirement Plan
With the exception of faculty at the School of Medicine and the School of Public Health who may participate in retirement programs specific to those schools, all tenured faculty members with at least ten years of tenured service at Yale may enter the Phased Retirement Plan as early as the next January 1 or July 1 following their 65th birthday, but no later than the next July 1 following their 70th birthday. A faculty member may elect Phased Retirement for a fixed period of one, two, or three years preceding full retirement. He or she works half-time through the entire such period, and is compensated at 100% salary during the first year, 75% salary during the second year (if any), and 50% salary during the third year (if any) in the Plan. An eligible faculty member may take a one-semester Triennial Leave of Absence while in the Phased Retirement Plan. While on such a leave, the faculty member will receive the percentage of salary designated to that specific year of the Plan.
For additional details about the Phased Retirement Plan, please consult the Benefits Office.
When mandatory retirement of tenured faculty was eliminated, the University created three programs to provide different ways to approach retirement and to encourage tenured faculty (and School of Medicine professors with continuing appointments) to plan retirement from their positions. These programs are Early, Phased, and Planned RetirementWith the exception of faculty at the School of Medicine and the School of Public Health who may participate in retirement programs specific to those schools, all tenured faculty members with at least ten years of tenured service at Yale may enter the Phased Retirement Plan as early as the next January 1 or July 1 following their 65th birthday, but no later than the next July 1 following their 70th birthday. A faculty member may elect Phased Retirement for a fixed period of one, two, or three years preceding full retirement. He or she works half-time through the entire such period, and is compensated at 100% salary during the first year, 75% salary during the second year (if any), and 50% salary during the third year (if any) in the Plan. An eligible faculty member may take a one-semester Triennial Leave of Absence while in the Phased Retirement Plan. While on such a leave, the faculty member will receive the percentage of salary designated to that specific year of the Plan.
For additional details about the Phased Retirement Plan, please consult the Benefits Office.
