The Βι¶ΉΣ³» System of Higher Education (NSHE) offers a phase-in program that allows faculty, professional staff, and classified employees to phase in their retirement by lowering their Full Time Equivalency (FTE) in the years prior to official retirement.
The phase-in request is not a guaranteed benefit; it is an application process. The application must be approved at the department level before it is forwarded to the Provost / President for review. If approved, the Phase-in Application is governed by a formal contract between the eligible employee and the Βι¶ΉΣ³» System of Higher Education. Please contact your Human Resources Office or the BCN Benefits Office for more information on the Phase-in Retirement Program.
Must have attained the age of 65 and completed at least 5 years of service credit with the institution at the expiration of the term of the agreement; or
Must have attained the age of 60 and completed at least 10 years of service with the institution at the term of the agreement; or
Any age and must have completed 30 or more years of service with the institution at the expiration of the term of the agreement.
Any changes to the document, once executed, must be endorsed by the president and approved by the Chancellor.
Need one-on-one retirement planning assistance?TIAA offers monthly office hours via Zoom as a way to check in with your financial consultant and ask questions. Office hours occur the third Friday of every month at 10 a.m.
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