Retirement and Post-Retirement
When a faculty member notifies a chair that he/she plans to retire, it is helpful
for the chair to communicate to the faculty member about resources that will be provided
by the University for the retired faculty member.
The faculty handbook specifies, "Employees who retire with at least ten years of University
service may retain University ID cards which can be updated to reflect retiree status.
Identification cards provide access to the following:
- Free 'general' parking permit
- Free use of recreational facilities
- Use of University libraries
- University store discount"
- Retain a University of Memphis email account
Post retirement contract
At the time of retirement, and after the faculty member has already submitted the
notice of retirement, the faculty member may wish to request a post retirement contract
to continue teaching. Granting a post retirement contract is not automatic. A decision
to offer one is based upon the quality of teaching and the needs of the department.
Such requests must be made to the chair; if the chair is supportive of a post retirement
contract, he/she will convey the request to the dean; if the dean is supportive, the
request will be conveyed to the provost. The provost makes the final decision. Post
retirement contracts can be active up to four years; the faculty member may withdraw
from the contract, but the department cannot cancel the contract once it has been
approved. Faculty members have options on their teaching schedules—to be agreed upon
with the chair—to teach two courses each semester or four during one year. The contract
that is signed by the faculty member, dean, and provost will specify the conditions
of the post retirement contract. Faculty members requesting a post retirement contract
need to understand that the department will select the courses to be taught and the
The maximum salary that may be earned in post-retirement is 40% of the academic year
base salary at the time of retirement. After the post-retirement contract ends, the
faculty member may continue teaching as a part-time instructor at the part-time instruction
rate of pay.