This procedure has been approved by the TMCC President, who has the sole authority to execute Phase-In applications (See Chapter 4, Section 14 of the NSHE Procedures and Guidelines Manual).
The Nevada System of Higher Education (NSHE) offers a phase-in program that allows faculty, professional staff, and classified employees to phase-in their retirement by lowering their Full-Time Equivalency (FTE) in the years prior to official retirement.
- FTE may range from .50 and .80 FTE course load or work assignment
- During Phase-in, Employee and NSHE will continue contributing to the retirement plan as if employed at 100% FTE
- Salary and leave accruals will be pro-rated based on FTE
The phase-in notice and requests are not a guaranteed benefit; it is an approval process. Agreed upon time for phase-in may vary at each NSHE institution. Please contact the Human Resources Office for more information on the Phase-in Retirement Program.
Eligibility
- The employee must have attained the age of 65 and completed at least five years of service with the institution at the expiration of the term of the agreement; or
- The employee must have attained the age of 60 and completed at least ten years of service with the institution at the expiration of the term of the agreement; or
- The employee would have completed 30 years or more of service with the institution at the expiration of the term of the agreement.
Professional Process (Administrative and Academic Faculty)
- Employee contacts Human Resources to ensure eligibility.
- If employee is eligible, they fill out the Phase-In Retirement Pre-Application Notice and submit the form to their Department Chair, Director, Dean, and/or Executive Director and/or Vice President.
- Employee should meet with their Department Chair, Director, Dean, and/or Executive Director and/or Vice President to discuss any potential impacts on the department.
- If the Phase-In Retirement Pre-Application Notice is endorsed by the Department Chair, Director, Dean, and/or Executive Director and/or Vice President, the VP (or their designee) will send the completed Notice to Human Resources.
- Human Resources will then complete the Request for Phase-In Retirement form and obtain the appropriate signatures.
- Once the President approves the Request for Phase-In Retirement form, Human Resources will prepare the phase-in agreement.
- No contract exists until such time as the agreement has been fully executed by the President of the institution.
- Any changes to the agreement, once executed, must be endorsed by the President and approved by the NSHE Chancellor.
- If denied at any stage, the notification will be in writing.
Note: If an employee is enrolled in the PERS Retirement Plan, please see the Classified Process below for additional PERS Board approval steps.