The Nevada System of Higher Education (NSHE) offers a phase-in program that allows faculty and staff to phase in their retirement (generally between a .50 and .75 FTE course load or work assignment) over an agreed-upon period of time, not to exceed 5 years. During the phase-in, the institution and employee will continue contributing to their retirement plan as if they were employed 100% FTE.
The phase-in process is governed by a formal contract between the employee and the NSHE. If you have further questions about the phased-in retirement program, please contact the Human Resources Office.
Eligibility
The employee must have attained the age of 65 and completed at least 5 years of service with the institution at the expiration of the term of the agreement;
- OR -
have attained the age of 60 and completed at least 10 years of service with the institution at the expiration of the term of the agreement;
- OR -
at any age have completed 30 or more years of service with the institution or NSHE at the expiration of the term of the agreement. For PERS employees, at any age have completed 30 or more years of service with PERS at the expiration of the term of the agreement.
Process
- The employee completes the application form, which is available on the WNC Human Resources web site.
- Once the employee completes the application, they then forward it through the chain of command for signatures from the employeeÕs chairperson, dean/director, vice president, and president.
- The completed and signed form is then forwarded to the Human Resources office.
- If the application is approved and the employee has met all eligibility requirements, the HR Office will complete the formal agreement and send the agreement through the chain of command for signatures.
- No contract exists until such time as the agreement has been fully executed by the president.
- Any changes to the agreement, once executed, must be endorsed by the president.
- Enrollment Period and Application Deadline
Completed applications for consideration of phased-in retirement must be received in Human Resources no later than February 28. The form must contain all required signatures by that date.