The NC State Phased Retirement Program (PRP) provides the opportunity for eligible full-time tenured faculty members, who meet certain age and service conditions, to retire and change from full-time to half-time employment at the university for three (3) fiscal years. Upon entering the PRP, a faculty member relinquishes their permanent tenure in exchange for a three (3) fiscal year fixed-term contract.
The Executive Vice Chancellor and Provost will inform, by September 1st preceding each PRP year, those tenured faculty who, according to institutional data, appear to meet the age and service requirements for PRP eligibility as of the following August 1st. It is an individual faculty member’s responsibility to ensure that NC State has all information necessary to determine their eligibility regarding years of service at NC State, service within either TSERS and/or a UNC System ORP, and date of b
A faculty member participating in the PRP may seek to renegotiate their work plan duties with their department head.
An eligible faculty member who is considering applying for admission to the PRP must meet with their department head and negotiate the terms for half-time employment The full range of faculty activities should be considered in these negotiations. The assigned duties during the PRP should be consistent with the skills and abilities of the faculty member and the objective needs of the department.
A PRP participant signs a three (3) fiscal year contract, maintains their academic (9-month) or fiscal year (12-month) appointment length and works a half-time (50%) workload within it, PRP participant is paid 50% of the full-time base salary paid to the participant immediately prior to entering the PRP, PRP participants may earn summer salary (9-month faculty) and additional compensation (9- and 12-month faculty).
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
If financial exigency is declared, NC State may prevent further enrollment in the PRP.The university and its departments retain the right to respond to challenges to the academic quality of individual programs. When participation must be limited to preserve academic quality, PRP applications will be processed on a first come, first eligible basis.
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
For the purpose of eligibility to participate in the PRP, the definition of full-time faculty is the same as used in the determination of eligibility for employee benefits
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
After the faculty member and department head agree upon the half-time work plan, the department head will prepare and sign the Agreement. If approved, the dean will sign the Agreement and submit the Agreement to the Provost via UHR
NC State permits the waiver of tuition for eligible full-time faculty and staff for up to three (3) courses per year, provided that such enrollment does not interfere with the employee’s normal employment obligations. Full details are available in Section 2.1 of the policy.
Can the faculty and staff tuition waiver be used to audit a course? Yes, the waiver is applicable to courses that are audited, as well as those taken for academic credit.
NC State also permits the waiver of the corresponding required fees, including the education and technology fee and school fee, for eligible faculty and staff. Full details are available in Section 2.2 of the policy.
Can the faculty and staff tuition waiver be used at other UNC System campuses? Yes, the tuition waiver may be used to take a course at any campus of the University of North Carolina. Faculty and staff members exercising this privilege are subject to the rules of the individual institutions.
