VRIP Application Process
STEP 1
Determine Eligibility
- Check to see if you are ±ð±ô¾±²µ¾±²ú±ô±ðÌýand reference the
- Not all applications will be approvedÌý
STEP 2
Consult with your financial & benefits advisors in conjunction while applying
STEP 3
Submit an application
- Feel free to apply while scheduling a consultation withÌýyour retirement specialist and financial advisor
- After you apply, Employee Services will check to see if you are eligible or not for retirement benefits.They will send an email to you and notify central HR. *Please allow 5 business days for this process to take place.*
- Your department will consider potential business justifications for approving or denying your VRIP application; this business justification will then be reviewedÌýby campus executive leadership.
- You will receive notification of approval/denial by October 14.
STEP 4
Application reviewed by unit/department leaders
- Unit must approve the business case to qualify the applicant for theÌývoluntary retirement incentive
- Human Resources will also confirm eligibilityÌý
STEP 5
Dean/Vice Chancellor(s) will approve or deny application
STEP 6
Provost and Chief Operating Officer will approve or deny application
STEP 7
Final Approval
Chancellor will approve or deny application