RETIREMENT or PHASED RETIREMENT
___ Upon expressed interest by the faculty member, give potential retiree a personalized cover letter along with attachments listed.
___ Encourage faculty member to seek personal legal and financial advice and to contact the Human Resource Service Center directly at 512-471-4772 (HRSC).
___ Receive letter of decision and/or Phased Retirement contract from faculty member.
___ Present copy of letter/ Phased Retirement contract to any other departments where the faculty member holds an appointment, even zero time.
___ Present retirement info to Budget Council or Executive Council for recommendations regarding Phased Retirement and Emeritus status.
___ Have staff process retirement letter and/or Phased Retirement contract with transmittal sheet (PR Link: http://www.utexas.edu/policies/hoppm/h0306.html).
___ Provide original letter and/or Phased Retirement contract to staff administrator for processing.
___ Upon receiving an official resignation or retirement letter, write an official acceptance of the resignation/retirement effective XX/XX/XX.
___ Talk with Associate Dean for Business Affairs about returning portion of released funds to Dean's Reserve.
___ Inform staff administrator of any action involving return of funds.
DEATH
___ Inform staff administrator and faculty.
___ Talk with Associate Dean for Business Affairs about returning portion of released funds to Dean's Reserve.
Please direct comments on the Procedures Guide to cola_comments@utlists.utexas.edu.
Last Modified: 4 August 2009
