Faculty Retirement

These resources are provided to assist faculty as they begin planning pre-retirement, retirement, and post-retirement activities.

We have developed a toolkit / guide to prepare faculty members with items for consideration as they plan for their legacy. The guide includes additional resources, a printable self-assessment, and next steps checklists.

For questions about University of Minnesota Physicians retirement, visit the M Physicians Resource site.

Phased Retirement for Tenured Faculty Members

Part Time Employment Upon Approach to Retirement for Non-Tenured Faculty Members

Review the central Human Resources information about preparing for retirement, including the following:

• University benefits consultants recorded webinar.
• Schedule a confidential discussion with a benefits consultant from the Office of Human Resources, to review the financial and health benefits details, and specific timing for your requests.
• Schedule a discussion with your department HR team, to discuss phased retirement options and benefits, or retirement options in general.
  

In accordance with the Administrative Policy: Emeriti Title for Retired Faculty, emeritus faculty members are entitled to these privileges and services through the University, should they so desire them:

1. University email account;
2. Library privileges;
3. Listing in the University directory;
4. Faculty discounts for personal computer hardware and software, recreation facilities, athletic events, and other performances and exhibitions;
5. Continued parking privileges at employee rates-subject to space limitations when the next best alternative space should be offered;
6. Access to health and dental insurance coverage at the faculty member's own expense according to University retiree policy;
7. Participation in academic processions (graduations, convocations and the like) in a position of honor; and
8. The right to represent the University at academic ceremonies of other institutions upon appointment by the president.

Departments may provide additional benefits as are warranted by the nature of the continuing relationship with the University, subject to cost and availability and not to exceed those provided to regular faculty.

Additional department options for both tenured emeriti and contract faculty

Departments may provide faculty members the following services, privileges, and facilities as are warranted by the nature of the continuing relationship with the University, subject to cost and availability:

• Office space;
• Access to laboratories, computer, unit Active Directory, VPN, licensed software, or comparable facilities requisite to the continued engagement in scholarly work or mutually-agreed-upon task whether on a contractual or volunteer basis;
• Access to mail and other routine office services such as administrative support if available; and
• The right to submit proposals for sponsored research and to advise graduate students or postdoctoral research associates, subject to University rules and policies.

Continued service to the department

An academic department, service, or other administrative unit may enter into a volunteer (unpaid) or contractual agreement with a retired faculty member to provide services subject to terms of the contract and applicable laws and rules.

Typical departmental benefits for retired contract faculty members

Departments may offer an adjunct faculty appointment (unpaid) for contract faculty members who will continue to engage with the department after retirement, including providing mentorship, teaching, or other scholarly efforts contributing to the department, Medical School, and University missions. Departments may provide additional benefits as are warranted by the nature of the continuing relationship with the University, subject to cost and availability and not to exceed those provided to tenured faculty.