Overview
For eligible faculty with 10 or more years of tenured Yale service, the university offers an enhanced Faculty Phased Retirement Plan (FPRP). Eligible faculty may elect to participate in this plan between their 65th and 70th birthdays. Participating faculty can reduce their workload by 50% in their three years of phased retirement without an equivalent drop in income in the first two years.
Year 1 | 50 percent workload, 100 percent salary
Year 2 | 50 percent workload, 75 percent salary
Year 3 | 50 percent workload, 50 percent salary
Year 4 | Full retirement
Faculty members may retire fully after year one or two, and must retire no later than the end of year three.
Eligibility
Eligible faculty members may participate in this program if they:
- Elect to participate between their 65th and 70th birthdays;
- Have the following appointments:
- Professor
- Associate Professor with tenure
- Clinical Professor - School of Law
- Have 10 or more years of continuous service in an eligible position.
Faculty may begin the program as early as the January or July term following their 65th birthday, but no later than July 1 following their 70th birthday.
Electing the Faculty Phased Retirement Plan is a final decision that may not be revoked.
Phased Retirement Plan for Certain Term-Limited Faculty Members
On March 8, 2023, Provost Scott Strobel announced a phased retirement plan for certain term-limited faculty members. This plan provides faculty who meet its eligibility requirements that opportunity to elect phased retirement between April 1, 2023, and June 30, 2026, and to begin phased retirement between July 1, 2023 and July 1, 2026.
Eligible faculty members include active members of the faculty appointed to one of the following positions: professor on the clinical track in the School of Nursing, senior research scientist, senior research scholar, professor in the practice, professor adjunct, senior lecturer, senior lecturer II, senior lector II, and senior critic.
To participate in the plan, faculty must be at least age 65 and have 15 or more years of continuous full-time faculty service.
Triennial Leave
While on the Faculty Phased Retirement Plan (FPRP), faculty may schedule one Triennial Leave and receive the percentage of salary designated to that specific year of the plan. Scheduling of a Triennial Leave during FPRP could allow for a full year off and may be scheduled during the first, second, or third year of FPRP. Except for leaves granted for child care, care giving, or public service, a Triennial Leave may not be combined with any other leave, paid or unpaid, to make up a leave of absence for a full academic year.