1. Retirement for CA Staff--Eligibility Policy
As noted in Appendix IV dealing with benefits, CA staff are covered by the University's retirement plan. Michigan State University stipulates the following eligibility policy for "official" retirement of CA staff:
a. The normal age for retirement of CA staff members is 65, but is optional following attainment of age 62 with 15 years of continuous full-time service or after 25 years of continuous full- time service at any age.
b. A retired CA staff member may be re-employed, usually for part-time service, on a month-to-month or a year-to-year basis. Salary will be determined at the time of appointment for such service and will be in addition to the retirement annuity income from the University's retirement plan.
2. Resignations
The procedures under the continuing staff appointment system bind the University to give at least six months' notice to CA staff members if they are not to be reappointed. To protect the University in its efforts to find satisfactory replacements, it is requested that CA staff members planning to resign give at least ninety days notice in writing to the Laboratory Director.
In case of termination, benefits will be affected as follows:
A. Health, Employee-Paid Life, and Accidental Death and Dismemberment coverage will continue in force until the end of the month following the last deduction and/or contribution made.
B. Dental, Long Term Disability, Expanded Life, and Travel Accident coverage cease on the last day of active employment.
C. Coverage under the Health and/or Dental Plan may be continued in accordance with the Consolidated Omnibus Reconciliation Act (COBRA) of 1986, for up to 18 months by paying up to 102% of the cost of the plan.
D. Employee-Paid and Expanded Life coverage may be converted by contacting the company directly.
CA staff members leaving the University can contact the Benefits Office, 140 Nisbet Building, for information concerning the possible extension and conversion privileges of their benefit plans.
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Next: 13. Appendix IV: Insurance and Retirement Benefits
Previous: 13. Appendix II: Leave Policies
Index: NSCL Handbook