Phased Retirement Agreement Sample Contracts

Phased Retirement Agreement and release without tenure or continuing status
Phased Retirement Agreement • December 11th, 2020

This agreement is subject to the Phased Retirement Program under Arizona Board of Regents Policy 6-602, Optional Retirement Program. The enforcement of this agreement is subject to Arizona law and university and ABOR policy. Employee will remain subject to ABOR and university policies during phased retirement.

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PHASED RETIREMENT AGREEMENT Attachment A
Phased Retirement Agreement • October 21st, 2022

This Agreement is between The University of Texas at Austin ("University") and ______________ ("Professor ______________"), a tenured member of the faculty of the University.

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • April 16th, 2012 • Kansas

WHEREAS, Employee, as a free and voluntary act, has requested participation in the Phased Retirement Program as established and authorized by K.S.A. 76-746, as amended, and as implemented by the rules, regulations, policies, and guidelines of the Kansas Board of Regents, which are hereby incorporated into this Agreement and made a part hereof by this specific reference; and

PHASED RETIREMENT AGREEMENT Attachment A
Phased Retirement Agreement • May 24th, 2024

This Agreement is between The University of Texas at Austin ("University") and ______________ ("Professor ______________"), a tenured member of the faculty of the University.

PHASED RETIREMENT AGREEMENT Attachment A
Phased Retirement Agreement • May 21st, 2021 • Texas

This Agreement is between The University of Texas at Austin ("University") and __________________ ("Professor ________________"), a tenured member of the faculty of the University.

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • November 1st, 2012 • Lincoln National Corp • Life insurance • Pennsylvania

This Phased Retirement Agreement (the “Phased Retirement Agreement” or “Agreement”) sets forth the payments and benefits that you will be eligible to receive in exchange for your agreement to abide by certain terms and conditions during and following your phased retirement from the Company (as defined below). Your execution of this Agreement and the attached Agreement, Waiver & General Release (the “Waiver”) are a condition of the Company’s offer to you of this phased retirement arrangement and the position of Vice Chairman, Lincoln Financial Network. If you choose not to execute this Phased Retirement Agreement or the attached Waiver, your employment with the Company shall be terminated effective November 1, 2012. For purposes of this Agreement, the “Company” or “LNC” are defined as Lincoln National Corporation, its affiliates and subsidiaries, and each of their directors, officers, representatives, agents, attorneys, employees, successors, and assigns and any other person acting thro

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • December 13th, 2019

Faculty approved by their AUH for a workload reduction in the 1-3 years immediately preceding their retirement date should complete this form and submit to the Dean for formal approval.

Phased Retirement Agreement
Phased Retirement Agreement • April 24th, 2006

This Phased Retirement Agreement is entered into between the undersigned faculty member and Northwestern University. The faculty member enters into this binding agreement to retire and, if applicable, relinquish tenure on the date specified below in exchange for a reduced workload, generally 50% effort, and a salary, generally 60% of base salary, in excess of the workload percentage. During Phased Retirement, the faculty member continues to enjoy full-time benefits (based on the Phased Retirement salary). Faculty members who are considering retirement are urged to consult with their Dean's Office and to contact the University’s Benefits Division (http://www.northwestern.edu/hr/retirees/index.html) for a consultation.

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • February 22nd, 2024 • Missouri

THIS PHASED RETIREMENT AGREEMENT (the “Agreement”), made by and between the CITY OF CHESTERFIELD, MISSOURI, a city of the third class and political subdivision of the State of Missouri, with an address of 690 Chesterfield Parkway West, Chesterfield, Missouri 63017 (the “City”) and MICHAEL OLIVER GEISEL, a natural person, over eighteen years of age, and resident of the State of Missouri (“Geisel”). The City and Geisel are each referred to as a “Party” and are collectively referred to as the “Parties”.

PHASED RETIREMENT AGREEMENT FOR TENURED FACULTY
Phased Retirement Agreement • June 4th, 2022 • Texas

As consideration for such resignation, Professor will be appointed as Professor without tenure on a part-time basis for the following periods:

PHASED RETIREMENT AGREEMENT FOR TENURED FACULTY
Phased Retirement Agreement • May 23rd, 2024

As consideration for such resignation, Professor will be appointed as Professor without tenure on a part-time basis for the following periods:

Phased Retirement Agreement
Phased Retirement Agreement • June 12th, 2009

Instructions: Type or print in black ink. Original is to be mailed to PERA prior to the start of employment under the phased retirement option (PRO) program and should accompany a completed Application for PERA Retirement Benefits. As applicable, a signed copy of any subsequent Phased Retirement Agreement must also be provided to PERA prior to its effective date. Both Parts A and B must be completed in their entirety.

National Aeronautics and Space Administration (NASA) Phased Retirement Agreement
Phased Retirement Agreement • June 18th, 2015

This is an employment agreement between [Employee Name] (hereinafter “you” or “your”) and the NASA [Center/Organization Name] establishing the terms and conditions under which you will serve in a Phased Employment/Phased Retirement status.

Phased Retirement Agreement
Phased Retirement Agreement • July 12th, 2019

The University’s phased retirement option allows faculty to accept an appointment for reduced time but with full-time benefits (based on the phased retirement salary). This arrangement is made in consultation with the faculty member’s dean, and is generally for up to three years at 50 percent of full-time responsibilities at 60 percent of what would be their full-time salary. In return, faculty commit to retire no later than a fixed date at the end of the phase. This option requires agreement between the faculty member and their dean, and is approved by the provost. Many faculty find this an attractive way to retire gradually. To take advantage of this benefit, consult with your school’s dean’s office and the University’s Benefits Division. The application form can be found at www.northwestern.edu/provost/docs/phased-retirement-agreement.pdf

Phased Retirement Agreement
Phased Retirement Agreement • April 24th, 2006

This Phased Retirement Agreement is entered into between the undersigned faculty member and Northwestern University. The faculty member enters into this binding agreement to retire and, if applicable, relinquish tenure at the date specified below in exchange for a reduced workload, generally 50% effort, and a salary, generally 60% of base salary, in excess of the workload percentage. During Phased Retirement, the faculty member continues to enjoy full-time benefits (based on the Phased Retirement salary). Faculty members who are considering retirement are urged to contact the University’s Benefits Division for a consultation.

Department of the Interior Phased Retirement Agreement
Phased Retirement Agreement • January 27th, 2016

This is an employment agreement between (employee’s name referred to as “you” or “your” and the Departmental element (hereafter referred to as “the employer” or Departmental element) for the purposes of the employer committing to retaining you in a phased retirement status to fulfill a need for your services. In return, you are committing to a period of service and will provide mentoring services to the employer. This agreement must be signed by all parties prior to the effective date of this agreement.

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • December 1st, 2016 • Texas

This Agreement is between The University of Texas Health Science Center at Houston ("University") and [full name of faculty member] ("[last name of faculty member] "), a tenured member of the faculty of the University.

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • February 3rd, 2021 • Kansas

THIS AGREEMENT is by and between [EMPLOYEE NAME], residing at [EMPLOYEE ADDRESS] (hereinafter referred to as "Employee") and Pittsburg State University, a state educational institution of Kansas (hereinafter referred to as "University").

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • October 11th, 2020 • Texas
South Orange, New Jersey 07079 PHASED RETIREMENT AGREEMENT AND RELEASE
Phased Retirement Agreement • May 22nd, 2014

This Phased Retirement Agreement and Release is made and entered into this day of between Seton Hall University, an educational corporation of the State of New

PHASED RETIREMENT AGREEMENT
Phased Retirement Agreement • March 11th, 2014 • Texas

This Agreement is between The University of Texas Health Science Center at San Antonio ("University") and , a tenured member of the faculty of the University.

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