Faculty
- Who
- Clinical (Teaching Track)聽
- Artists & Scholars in Residence
- Teaching Professor Series
- Tenured & Tenure-Track
- What
- 9 months of base pay, payable at the employee's rate of pay, upon the retirement effective date
- One-time, lump sum payment
- January 1 retirement lump sum paid in their final paycheck, December 31, 2024,聽taxable in 2024聽
- June 1 retirement lump sum paid in their final paycheck, May 31,聽2025, taxable in 2025
- Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31, if applicable.聽
- Incentive is not included in salary for defined contribution 401A plan
University Staff
-
Who
- University staff
- What
- 9 months of base pay
- One-time, lump sum payment
- January 1 retirement lump sum paid in their final paycheck, December 31, 2024,聽taxable in 2024聽
- June 1 retirement lump sum paid in their final paycheck, May 31,聽2025, taxable in 2025
- Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31.
- Incentive is not included in salary for defined contribution 401A plan
Classified Staff聽
- Who
- Employees who hold roles聽designated under the State of Colorado Classified State Personnel System
- What
- Eligible Classified staff who qualify for retirement within the state personnel聽rules, are eligible for up to 18 weeks of pay and dependent on years of service
- One-time, lump sum payment
- January 1 retirement lump sum paid in their final paycheck, December 31, 2024,聽taxable in 2024聽
- June 1 retirement lump sum paid in their final paycheck, May 31,聽2025, taxable in 2025
- Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31.
- State classified leave payments follow State Personnel rules
- Incentive is not includable in salary for PERA calculations