The Retirement Transition Program (RTP) Memorandum of Agreement has been ratified by the membership, with over 97% approval of those who voted. The full results of the ballot can be viewed here.
This MOA establishes a new Retirement Transition Program (RTP) for PSU-AAUP members from AY 2025–26 through AY 2027–28, expanding the previous retirement program into two structured options. Eligible members (55+ or with 30 years of uninterrupted PSU service and fully vested in PERS or ORP) may choose: (1) a one-year redistribution option that allows up to 50% of teaching and/or service to be reassigned to other duties in the final year; or (2) a phased FTE reduction option over up to three years at either 0.75 or 0.50 FTE, with proportional reductions in duties and continued full healthcare benefits (with other salary-based benefits prorated). Both options require an irrevocable Retirement Transition Agreement (RTA).
Find the full language of the program here.
The program will be available soon for interested members to apply. PSU is currently building a webpage and form to apply to either Option of the program.