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?
Yes. Participation in the TERI program is limited to a maximum of five years, but an employee may terminate at any time during the five-year period without penalty. However, if you elect to participate in the TERI program for less than the five-year period, you are unable to extend the amount of time designated in the TERI enrollment form. At the end of your designated TERI period, you become fully retired. Continued employment after TERI is at the discretion of the University—just as it is now after full retirement.