Senior Vice President for Business Services
& Assistant Treasurer

Purdue University Executive Memoranda Master Listing

PURDUE UNIVERSITY
OFFICE OF THE PRESIDENT
EXECUTIVE MEMORANDUM No. B-36
(Supersedes Executive Memorandum No. A-274)

To: Deans, Directors, and Heads of Schools, Divisions, Departments, and Offices

Re: Staff Benefits for Post-Retirement Appointments

Effective 1 July 1975, staff benefits for members of the academic, administrative, and professional staffs appointed on a post-retirement basis will be determined in accordance with the policies stated below.

A post-retirement appointee is defined as a staff member whose employment is continued after his scheduled date of retirement or a new staff member who is age sixty-five or over at the date of first employment.

1. Sick Leave

   The maximum allowance during a 12-rnonth period will be two weeks with regular pay.

2. Vacation
   1. Academic-year employees

      The periods at Christmas and in the spring when classes are not in session will apply as vacation.

   2. Fiscal-year employees

      Vacation allowance with pay may be granted to post-retirees with appointments of six months or more based on the rate of vacation earnings that the employee was receiving the year he retired (two weeks, three weeks, or one month). Vacation allowance will be computed as follows:

      	Working Days of Vacation Allowable
      Number of Months	Two Weeks	Three Weeks	One Month
      6	5	7	11
      7	5	8	12
      8	6	9	14
      9	7	10	16
      10	8	12	18
      11	9	14	20
      12	10	15	22 (one month)

      Vacation allowance with pay for staff employed for the first time at age 65 or over will be based on the first year' s accrual rate for the applicable classification.
      Vacation allowance will not be granted for post-retirement appointments of fewer than six months.
      Post-retirement appointments cannot be extended to cover earned vacation not taken before the end of the post-retirement appointment.

3. Medical Insurance
   1. Coverage under the University's Medical Security Plan or Medicare Supplemental Plan, whichever is applicable, may be continued with the individual paying the total cost.

   2. Individuals employed for the first time at age sixty-five or over are not eligible to participate in these insurance plans.

4. Group Life, Personal Accident, and Long Term Disability

   2. Individuals appointed as post-retirees may not continue coverage under these programs.

   3. Individuals employed for the first time at age sixty-five or over are not eligible to participate in these group insurance programs.

5. TIAA-CREF Retirement Program

   2. The University contribution to TIAA-CREF annuity contracts is discontinued at the end of the fiscal or academic year in which the participant attains the scheduled age of retirement.

   3. Individuals employed for the first time at age sixty-five or over are not eligible to participate in the TIAA-CREF retirement program.