Retirement of Faculty
Section A: Retirement for Age
The College provides Old-Age and Survivors Insurance (Social Security) coverage for all full-time faculty members. The extent of coverage and the contributions made under the program by the College and by the faculty member are determined by federal law.
The College also participates in the retirement-annuity programs operated by the Teachers Insurance Annuity Association (T.I.A.A.) and Fidelity Investments. These programs are described in the Faculty Handbook, Chapter III.G.
Retirement for Age
In accordance with federal regulations, as of January 1994, the College has no mandatory retirement age policy.
Section B: Retirement for Disability
A. Retirement for Disability
A full-time member of the faculty who has served as such for a total period of not less than fifteen years, and who, before reaching retirement age, becomes incapable of substantially performing his or her duties by reason of health may, upon written application to the President, or upon the written request to the President by the Provost and Dean of the College, be retired by the President. Upon retirement, such member shall receive compensation in accordance with and under the terms of such program for disability compensation as shall be established by the College and shall be in force at the time of such retirement and disability.
If the request for retirement for disability is made by the Provost and Dean of the College, he or she shall furnish to the member whose retirement is recommended a copy of this request. Within ten days after the receipt of such copy, the member may, in writing to the President, request a hearing on the question of the disability before the subcommittee on appeals. Such request for a hearing will be granted. After a hearing, the subcommittee on appeals shall transmit to the President its written findings and recommendations. The decision of the President on the matter of retirement for disability shall not be subject to appeal.