Reminder – Upcoming Deadline to Submit Notice of Intention to Retire for Faculty (PDAD&C #29)
From: Randy Boyagoda, Acting Vice-Provost, Faculty & Academic Life
Date: March 31, 2023
Re: Reminder – Upcoming Deadline to Submit Notice of Intention to Retire for Faculty (PDAD&C #29)
This is a formal notice that under the customary process, faculty members who wish to retire on June 30, 2024 must give notice of their intention by June 30, 2023. This is the annual formal reminder of this deadline.
Now is the time to remind faculty members in your unit to start thinking about retirement options so they have enough time to gather sufficient information to make an informed decision.
Additional information and all necessary forms regarding the normal retirement process for Chairs, Deans, and Directors is available online.
All faculty members and librarians within 10 years of their normal retirement date (age 65) are invited to attend the Retirement Information Session. This year’s session will be on April 18, 12-2pm. Further details and registration information can be found here.
Effective July 1, 2021, U of T is part of University Pension Plan Ontario. Faculty members and librarians considering retirement are encouraged to read the following articles posted to the HR Service Centre: Planning to Retire and Income & Benefits in Retirement.
Please note that if a faculty member wishes to apply to take an earned research and study leave while in phased retirement, they must apply at the time of giving notice of intention to enter into phased retirement so that the leave can be considered and approved in the context of the planning process for the phased retirement.
For more information on retirement options, please reach out to the Academic HR contact in your Dean’s Office or the Office of the Vice-Provost, Faculty & Academic Life at email@example.com.