Retirement 

UST Retirement Plan 

Retirement Plan 
Summary Plan Description
Summary Annual Report for Retirement Plan, year ending August 31, 2010

Voluntary Retirement Plan

Voluntary Retirement Arrangement   
Voluntary Retirement Arrangement Summary

Request for Staff Retiree Access Privileges

Full-time retiring staff, whose positions are at or above the director level and who have twelve or more years of continuous service with the university, may apply for approval to retain their access privileges to library services, e-mail, and athletic facilities after retirement.  A Request for Staff Retiree Access Privileges form is required and must be approved by the Executive Vice President and Chief Academic Officer (for staff retiring from an academic unit) or from the Executive Vice President and Chief Operating Officer (for staff retiring from an administrative unit).

Request for Staff Retiree Access Privileges - Questions & Answers

1.     Who is eligible to apply?

Full-time retiring staff, whose positions are at or above the director level and who have twelve or more years of continuous service with the university, may apply for approval to retain their access privileges to library services, e-mail, and athletic facilities after retirement.

2.     How do I apply?

Complete a Request for Staff Retiree Access Privileges form and obtain approval of your Executive Vice President 

3.     Who approves my application?

The application must be approved by the Executive Vice President and Chief Academic Officer (for staff retiring from an academic unit) or from the Executive Vice President and Chief Operating Officer (for staff retiring from an administrative unit) 

4.     What do I do with the form once it is approved?

Submit the completed form to: UST Human Resources Department, AQU217 

5.     How will I know if my request has been processed (approved or denied) 

Either your Executive Vice President or the Human Resources Associate Vice President will notify you 

6.     How long will I be granted access privileges once approved? 

Currently, the timeframe is indefinite 

7.     What form should faculty members use to request Faculty Retiree Access Privileges?

Please contact Academic Affairs.

Voluntary Retirement Incentive Programs

The University of St. Thomas is pleased to announce a new voluntary retirement incentive program for part-time, benefits eligible staff. Consistent with the previous program for full-time staff and tenured faculty, part-time staff who meet certain eligibility criteria may apply for participation in the respective program. The purpose of the program is two-fold: (1) to enable the University to reduce its institutional expenditures and (2) to provide an attractive monetary incentive to eligible employees who have given the University many years of service but who have made the decision to retire in the near future. 

Beginning March 8, 2010, eligible part-time staff will have 60 days – until May 7, 2010 – to submit an application to the Human Resources Department for participation in this unique voluntary program for part-time, benefits eligible staff. No applications will be accepted after this period.

Retirement incentives include salary continuation for one year prorated to the part-time employee’s FTE and the opportunity to continue health insurance coverage at the university employee rate for up to 3 years. 

Details of the program can be found in the Summary of the Voluntary Retirement Incentive Programs.