June 23, 2011

Reminder: June 30 is application deadline for Phased Plus retirement option

Employees who intend to apply for the Phased Plus Retirement Incentive program must submit their applications to their departments by 4 p.m. Thursday, June 30.

Phased Plus is a five-year program that provides qualified employees with a maximum two-year reduced appointment. At the end of that appointment, employees receive either medical coverage or retirement contributions for the balance of the five years. The program might interest you if you:

  • Are 55 years or older by Jan. 1, 2012
  • Will have completed 10 or more years of employment at Iowa State by that date
  • Are interested in reduced employment for up to two years, with full retirement starting by Dec. 31, 2013

Detailed information (PDF) about the Phased Plus retirement program is online. If you have questions, contact the Human Resource Services Center, 4-4800, to schedule an appointment with Ann Doty, ISU retirement information specialist.