Human Resources Administration

Faculty Early Retirement Program

General Information
  • FERP is available to tenured faculty and librarians. The program is not available to counselor faculty unit employees. Employees wishing to enter FERP must be at least 55 years of age and eligible for a service retirement.

  • In order to be eligible to participate in FERP, an administrator with retreat rights to a tenured faculty or librarian position must be reassigned to a faculty or librarian classification prior to retirement.

  • FERP participation shall commence at the beginning of the campus academic year. Service retirement shall begin concurrently with or prior to the beginning of the campus academic year. The period of employment during each campus academic year is determined by the president and specified in an appointment letter to the participant. The period of employment may be one academic term (not to exceed 90 workdays), or fifty percent of the employee’s regular timebase in the year preceding retirement. A participant may be granted a reduction in timebase, and such reduction shall continue for the duration of the FERP appointment.
  • Pursuant to CalPERS regulations (GC 21227), “a retired person may serve without reinstatement from retirement or loss or interruption of benefits provided by this system [CalPERS] as a member of the academic staff of a California State University, if that service does not exceed, in any fiscal year, a total of 960 hours for all employers or 50 percent of the hours the member was employed during the last fiscal year of service prior to retirement, whichever is less.” During the FERP participation, both the CBA provisions and CalPERS regulations apply. The net effect of these provisions is that a faculty member who worked full time for an academic year prior to retirement would be limited to 90 days or 720 hours of employment in FERP, while a faculty member who worked less than full time in the year prior to retirement (or worked for less than a full year in the year prior to retirement) will be limited to no more than 50% of that reduced timebase.
  • For the purpose of calculating the allowable timebase, the last full fiscal year prior to retirement is used. This means that the FERP timebase available to a faculty member who retires in the middle of an academic year (e.g., at the end of the fall term) shall be determined based on the prior fiscal year. For example, the maximum FERP timebase for a faculty member who retired in January 2009, midway through the 2008/09 academic year, would be based on the faculty member’s timebase in 2007/08.
  • The current duration limit for FERP employment is five years. FERP faculty who are employed at up to 50% of timebase for an academic year do not need to be separated at the end of each academic year (AY) appointment. However, a separation transaction is required at the end of the FERP appointment, or when the FERP participant changes the nature of the appointment (e.g., from half-time AY to full-time for a semester), or if the participant does not work the following year. FERP faculty who are appointed for only one term per year must be separated at the end of each term and reappointed at the start of the next period of employment.
  • FERPs are appointed in specific classifications and FERP employment is at the same rank and salary as prior to retirement. Unless otherwise specified in the CBA, FERP participants remain eligible for salary increases such as GSI and SSI.
  • FERP participants may serve as department chairs during the period of FERP employment. This includes faculty who were not serving as department chair at the time of retirement. Appointment is at the same rank as at retirement. The department chair stipend is added for the period of time served as department chair. However, the timebase may not exceed the allowable FERP timebase.
  • For the purpose of calculating hours of post-retirement employment for academic year employees, multiply the number of academic workdays in the campus academic calendar by the employee’s timebase and then by 8. For 12-month employees, multiply the number of days in the pay period by the employee’s timebase and then by 8.  Calculation of the period of employment includes days worked in summer session/special session or CSU extension that do not coincide with the period of FERP employment. CSU employment for summer/special session/extension is not available to participants who are employed at 50% for the academic year (or the corresponding limit for librarians).
  • FERP participants are not eligible for other CSU appointments while in FERP. However, a FERP participant may accept an appointment in addition to the FERP appointment with a CSU auxiliary (within the limitations of the CSU additional employment policy.) If the CSU auxiliary is a CalPERS-covered employer, then the appointment cannot exceed the 960 hour work limit within a fiscal year pursuant to GC 21227.
  • FERP participants are compensated only for those periods in which an appointment is in effect. For example, a FERP participant assigned to work full-time for one semester will receive compensation at the full time monthly rate for that semester, not at a half-time monthly rate for the academic year.
  • FERP participants are eligible for one (1) leave of absence without pay for personal illness for all or part of the period of employment. Such leaves shall not affect future participation in FERP. However, time spent on leave status counts towards the five year employment duration under the FERP program.
  • Librarians in 10-month and 12-month appointments continue to accrue vacation according to timebase. Any paid vacation during the period of FERP employment counts toward the employment limit. Any unused vacation is paid in a lump sum settlement upon separation or at the end of the FERP participation, as appropriate. Provisions in Article 34 (Vacation) continue to apply to participants in FERP.
  • FERP participants are eligible for the enhanced dental and vision plans as long as the FERP appointment is for half time or more. Dental benefits are administered through CalPERS and the vision benefit is keyed as an annual deduction at the time of appointment as a FERP. If the FERP appointment drops below half time, the FERP participant loses eligibility and must be enrolled in the basic dental plan and the vision benefit is not renewed at the time of the subsequent appointment. As long as the FERP participant maintains a .5 timebase, the enhanced dental and vision benefits continue for the five year FERP entitlement.

For additional information on FERP, please refer to the following:

http://www.calstate.edu/HRAdm/pdf2004/TL-BEN2004-08.pdf

http://www.calstate.edu/HRAdm/pdf2008/HR2008-23.pdf