Retirees with a combined age plus yrs of service equal 70 or more at the time of retirement may continue to pay into a group health benefits plan. Retirees pay full premium. After 6 months, disability benefits are applied for, and no pay. If 6 yrs. Written application by March 15 of fiscal year with statement of the proposed program of study.
Shared benefits continue in force.
Decision is made by Board of Governors on recommendation of President. A report on activities must be submitted within 3 months of return. Deans of faculties apptd up to 6 yrs. Admin stipend discretionay in amount and paid only during term in office. Upon leaving office, stipend is removed.