Yes. You must complete a resignation letter or submit a Notice of Separation Form to your department indicating that you are either leaving or retiring from the university under the UFSP. Your department will need to initiate additional paperwork due to your leaving and will be reminded by Human Resources and Academic Affairs later.
Yes. Faculty must notify their department, dean, and the provost as soon as possible to permit adequate planning for the Spring 2023 semester. Administrators with faculty rank must notify their direct supervisor and the designated vice president as soon as possible.
For additional questions, contact Donna Sansonetti in Human Resources at 330-672-8333 or dsansone@kent.edu.
You cannot work after your exit date. Based on operational needs and agreement by the participant, an exit date past Jun. 30, 2023, can be determined, allowing you to work beyond Jun. 30, 2023, until your extended exit date.
The Provost and the Dean of the College must approve an exit date that is later than Jun. 30, 2023. The exit date may only be extended by up to one year (June 2024).
Yes. Participants must notify EPC in writing between Dec. 17 and Dec. 23, 2022 (postmarked), to revoke your decision to retire or separate from service.
However, if that decision is not revoked in writing within the seven-day revocation period, your decision to retire or to separate from service becomes final and binding.
No. Your enrollment will be accepted by submitting all the required forms except Exhibit F by Dec. 16, 2022. In the meantime, you can work on choosing and creating a 403(b) account to receive your monthly benefits. You must send EPC Exhibit F no later than 2 months after you exit. EPC needs to know where to send your monthly payments.
Refer to the packet of information you received from EPC. The first page of the documents has a section with the heading “Exit Date: 6/30/2023.” In this section, you will find the amounts listed as “UFSP Total Benefit” and “UFSP Monthly Benefit.” Use these amounts to populate page 2 of Exhibit C.
Anyone who is over 18 years of age and is competent can be a witness and sign the forms. This includes your spouse, the EPC Counselors or anyone else over the age of 18. It does not need to be notarized.
You do not need to obtain this signature. If you are participating in the plan, return Exhibit B and C to EPC along with Exhibits D and F and the Beneficiary Form. EPC will secure the required university signatures following the close of the UFSP revocation period (midnight, Dec. 23, 2022).
The data provided by EPC is an estimate. The information STRS/OPERS gives you is official. In all cases, you should make decisions based on the information you receive from STRS/OPERS. You can notify EPC of the information and they can send you updated information if you would like.
Employees who may be eligible to participate should have received a packet of information in the mail at their home address prior to Oct. 31, 2022. The packet contains important forms for participating as well as an explanation of benefits and a form that specifically addresses an employee’s years of service.
If you did not receive a packet and believe you are eligible, please contact Donna Sansonetti with Human Resources at 330-672-8333 or dsansone@kent.edu.
