Human Resources

Results for Retirement:


Optional Retirement Program (ORP): What are some resources for understanding the Optional Retirement Program (ORP)?

Optional Retirement Program (ORP): What can I change on my optional retirement plan during the annual open enrollment period?

Optional Retirement Program (ORP): When can changes be made to my optional retirement plan?

Optional Retirement Program (ORP): When will changes made during annual open enrollment in 2013 be effective?

Optional Retirement Program (ORP): Who do I contact to make changes during annual open enrollment or to ask questions about my plan?

Teacher & Employee Retention Incentive (TERI): A. What is the TERI program?

Teacher & Employee Retention Incentive (TERI): B. What are the eligibility requirements for participation in the TERI program?

Teacher & Employee Retention Incentive (TERI): C. Who decides if a faculty or staff member may participate in the TERI program?

Teacher & Employee Retention Incentive (TERI): D. When is the best time to retire?

Teacher & Employee Retention Incentive (TERI): E. What if I want to retire in less than five years; may I still participate in the TERI program?

Teacher & Employee Retention Incentive (TERI): F. Is there a penalty for leaving before the end of the five years stipulated in the TERI agreement?

Teacher & Employee Retention Incentive (TERI): H. Will I keep my same job if I participate in the TERI program?

Teacher & Employee Retention Incentive (TERI): I. Will I have to contribute to the S.C. Retirement System after I enter the TERI program?

Teacher & Employee Retention Incentive (TERI): J. Will I receive any additional benefit for my continued contributions to the S. C. Retirement System?

Teacher & Employee Retention Incentive (TERI): K. How are my rights and benefits as a University faculty or staff member affected by my participation in the TERI program?

Teacher & Employee Retention Incentive (TERI): L. What happens to my annual and sick leave? Will I accumulate leave as a participant in the TERI program?

Teacher & Employee Retention Incentive (TERI): M. If I participate in the TERI program, will I be eligible for cost-of-living, merit and performance salary increases?

Teacher & Employee Retention Incentive (TERI): N. How is my retirement benefit calculated?

Teacher & Employee Retention Incentive (TERI): O. How are earnings posted?

Teacher & Employee Retention Incentive (TERI): P. Will summer school earnings affect my retirement income?

Teacher & Employee Retention Incentive (TERI): Q. How does annual leave pay affect my retirement benefit?

Teacher & Employee Retention Incentive (TERI): R. Will state and federal income tax be withheld from the retirement benefit payment held in my TERI account?

Teacher & Employee Retention Incentive (TERI): S. What happens if I experience a break in service during my participation in the TERI program?

Teacher & Employee Retention Incentive (TERI): T. How does participation in the TERI program affect a faculty member's tenure status?

Teacher & Employee Retention Incentive (TERI): U. Are TERI participants eligible to hold and receive endowed chairs?

Teacher & Employee Retention Incentive (TERI): V. Are TERI participants still subject to the post-tenure review process?

Teacher & Employee Retention Incentive (TERI): W. What about customary financial support from the University such as travel support, sabbatical leave, and internal research grants?

Teacher & Employee Retention Incentive (TERI): X. How does participation in the TERI program affect retirement agreements between the University and individual faculty members?

Teacher & Employee Retention Incentive (TERI): Y. Does TERI participation have any effect on guaranteed summer school teaching?

Teacher & Employee Retention Incentive (TERI): Z. May I continue to work for the University after I complete my TERI period? Is there an earnings limitation on post-retirement employment?