Miami University is offering eligible staff members a retirement incentive program. Applications for the incentive program will be accepted from Feb. 10 through March 16, 2012.
The university is offering a payment of $10,000 to classified and unclassified administrative staff who are eligible for retirement and retire on or before July 1, 2012. Additionally, the university is offering an incentive payment of $5,000 to classified and unclassified administrative staff who are eligible for retirement and retire on or before Jan. 1, 2013.
Those who participate in the program must agree to resign and retire either before July 1, 2012, to qualify for the $10,000 incentive or before Jan. 1, 2013, to qualify for the $5,000 incentive.
The Miami Retirement Incentive does not include the purchase of any service credit. Miami has no plans to adopt an early retirement incentive involving the purchase of service credit now or in the foreseeable future.
Miami's human resources department will be sending letters via campus mail to those employees whose records indicate they may be eligible for this incentive. If you do not receive a letter by Friday, Feb. 17, and you think you might be eligible, please contact human resources at 529-3131 and ask to speak with Becky Stephenson.
More information and forms are available on the human resources website.
If you have questions about the program, please contact human resources at 529-3131 or academic personnel services at 529-6724.