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| Posted to Website: | 03/26/2008 |
Salary Allowance
Half-time salary is one-half of a faculty member's base salary for the fiscal year immediately preceding the fiscal year in which the Phased Retirement Plan is implemented for that individual. It does not include supplements for administrative assignments, overloads, or similar payments to which the faculty member is not legally entitled.
For the School of Medicine full-time tenured faculty subject to the terms of the Clinical Faculty Compensation Plan, a faculty member's "base compensation" under the Phased Retirement Plan shall be that individual's Total Projected Salary (Academic Base Salary + Negotiated Component of Salary + estimated Bonus Salary) for the fiscal year immediately preceding the fiscal year in which the Phased Retirement Plan is implemented for that individual.
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