A faculty member electing to participate in the PRP has the right under the ADEA to revoke the Agreement and the Release any time within seven (7) calendar days of the date both documents are fully executed by all parties
A faculty member participating in the PRP may seek to renegotiate their work plan duties with their department head.
A faculty member who enters the PRP retains their professorial rank and the full range of responsibilities and rights associated with it except for the status of permanent tenure; as a part-time faculty member without tenure, a faculty member on phased retirement is no longer eligible to vote with their Departmental Voting Faculty in reappointment, promotion and tenure cases
Tenured full-time faculty who have served for ten or more years at NC State are eligible to seek emeritus status. Eligible faculty members participating in the PRP remain eligible for participation in University-sponsored deduction and benefit programs available to regular half-time employees; with the exception of leave accrual
