Adjunct Faculty Retirement Sample Clauses

Adjunct Faculty Retirement. An adjunct faculty member has the option of participating in either the Defined Benefit or Cash Balance plans offered by the State Teachers' Retirement System in accordance with the rules, regulations, and laws governing the State Teachers' Retirement System.
Adjunct Faculty Retirement. Upon retirement, adjunct faculty members who qualify for retirement cash out under the provisions of Section 20.5.2 shall receive a stipend in recognition of their accomplishments and longevity at the College. 10-19 years: $500 20 or more years: $1,000