Continuing Contract Faculty Retirement FAQs
We know that you have questions about retirement, and it is our goal to provide clarity. Below, you’ll find some commonly asked questions about NYU faculty retirement policies, along with answers to them.
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- Who is eligible for retirement with benefits?
- What is "full-time active service?"
- I have questions about faculty retirement and how it works at NYU. Who should I contact for more information?
- Who should I notify that I plan to retire?
- How much advance notice should I give before retiring?
- Can I retire on any date?
- If I retire before my contract ends, am I eligible for salary for the contract time not served?
Faculty are eligible for retiree medical and life insurance benefits from NYU if they meet the rule of 70. To meet the rule of 70, you must be at least 55 years old on your retirement date, have completed at least 10 years of full-time active service at NYU, and have your age plus years of service total at least 70 by your retirement date.
"Full-time active service" is the service of a faculty member while they’re employed full-time (100 percent) by NYU. Paid sabbatical leave, family leave, and leave for service in the U.S. Armed Forces count toward full-time active service, as do periods of disability that entitle the faculty member to benefits under the University's short-term or long-term disability plans.
I have questions about faculty retirement and how it works at NYU. Who should I contact for more information?
For general questions about faculty retirement, please contact Stacey Gordon, Program Director for Retirement in the Work Life office. As you anticipate and start planning for retirement, Stacey will answer your questions, advise you on what to include on your personal retirement checklist, and encourage you to think about how you can best plan for a satisfying next phase. She will also introduce you to the NYU Society of Retired Faculty and provide a path for you to share your ideas to help develop this new campus initiative.
To discuss your retirement options with someone at your school, please contact your school representative:
Arts and Science
College of Arts and Science
College of Dentistry
Courant Institute of Mathematical Sciences
Division of Libraries
Gallatin School of Individualized Study
Institute for the Study of the Ancient World
Institute of Fine Arts
Leonard N. Stern School of Business
Robert F. Wagner Graduate School of Public Service
Rory Meyers College of Nursing
School of Global Public Health
Ana Abraido- Lanza
School of Law
School of Professional Studies
Silver School of Social Work
Steinhardt School of Culture, Education, and Human Development
Tandon School of Engineering
|Tisch School of the Arts
The retirement policies for tenured and continuing contract faculty faculty at NYU Abu Dhabi and NYU Shanghai differ from the policies at NYU in New York City. Faculty at NYU Abu Dhabi may contact Susan Wei, and faculty at NYU Shanghai may contact Casey Owens.
For questions about your individual retirement benefits, please contact PeopleLink.
You should notify your department chair, your dean or director, and/or the director of human resources at your school.
In general, faculty members should give a one year notice of their intent to retire, but the university requests that the faculty member give no less than one semester notice.
Barring emergencies, faculty members normally retire at the end of an academic semester. For the fall semester, that date is December 31, and for the spring semester, it is August 31.
Upon their retirement, faculty are eligible to trade in their current NYUCard for a retiree NYUCard. Retired faculty maintain the same general NYUCard swipe access they have as active NYU employees (e.g., Bobst, Kimmel and the turnstiles and/or front doors across the main academic buildings during regular business hours).
Below are steps to obtaining a retiree NYUCard:
- Retiree must contact the Human Resources partner for their department or unit and ensure their classification is updated to ‘Retiree’.
- Once their classification is updated, Retiree must wait 24 hours before the change will appear in the NYUCard database.
- After the waiting period, Retiree may visit the card centers at 7 Washington Place in Manhattan or 2 MetroTech Center in Brooklyn during regular business hours to trade their employee NYUCard for a retiree NYUCard. The employee card must be surrendered at the time of the trade.
Please note: Retired faculty members can request NYUCards for their dependent family members by contacting PeopleLink.
Which faculty are eligible for emerita or emeritus status?
The honorific titles of Professor Emerita and Professor Emeritus are eligible only to full professors. This includes tenured full professors and continuing contract full professors with modified titles, such as Arts, Clinical, Music, or Industry, who meet the eligibility criteria detailed in the Faculty Handbook.
How do faculty members apply for emerita or emeritus status?
Emerita or emeritus status is not automatic. It requires a vote by the department, endorsement by the faculty chair and dean or director, and approval by the Provost. The Faculty Handbook provides additional information. If you are eligible, you can contact your department chair to inquire about emerita or emeritus status.
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- Can I continue to serve as a Principal Investigator (PI) or Project Director (PD) on research grants through NYU after I retire?
- I currently have funds remaining in a research or professional development account. May I spend these funds on research, creative activities, or professional development after I retire?
Can I continue to serve as a Principal Investigator (PI) or Project Director (PD) on research grants through NYU after I retire?
With the approval of the responsible department chair and dean or division head, retired faculty on whom the emerita or emeritus title has been formally conferred, and who would have qualified as a PI or PD prior to retirement, may continue to serve as a PI or PD on existing awards and on proposals that were submitted prior to retirement. Requests from emerita or emeritus faculty to serve as PI or PD on new proposals or projects that are initiated after retirement will be considered on an individual basis and will require the prior written approval of the dean and the Vice Provost for Research, or their designee. Retired faculty who do not have emerita or emeritus status, and who would have qualified to serve as PI or PD prior to retirement, are eligible to serve as a co-investigator.
Eligible retired faculty who serve as a PI, PD, or co-investigator are appointed as Part Time Research Affiliates. Emerita, emeritus, and other retired faculty who serve as a PI, PD, or co-PI, and who are not employees of the University, must make arrangements with their dean and the Office of Sponsored Programs (OSP) to ensure that sponsor eligibility and time and effort as well as other compliance criteria are met.
I currently have funds remaining in a research or professional development account. May I spend these funds on research, creative activities, or professional development after I retire?
Research and professional development funds are normally designated for use by individuals who are employees (i.e. active full-time faculty) of the University. Research and professional development funds are not available for use by faculty members after they retire.
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Part time adjunct teaching opportunities may be available at the discretion of department chairs, depending on the needs of the department and academic programs. If you serve as an adjunct faculty member, you will be compensated using the customary formula for adjunct faculty members who have retired from full-time service if applicable.
Faculty retiring under retirement agreements with NYU are not permitted to seek or accept any full-time employment with the University or its related entities after their retirement date.
If a retired full-time faculty member is appointed to an adjunct faculty position, and is over 59 ½ years old, they will have access to all of their NYU Retirement Plan account balance. However, because of their appointment in an adjunct position, faculty members who serve as adjuncts will show as active employees in NYU's human resources system and at TIAA. To take a distribution from their NYU Retirement Plan account, they must contact the NYU Retirement Plan helpline at TIAA directly, at 844-NYU-TIAA (844-698-8422).
Yes. Retired faculty may take full-time employment with an employer other than NYU after their retirement date. If a faculty member accepts employment at another institution, they do not lose their NYU retiree benefits.
I have questions about health/dental/vision/life insurance, Medicare, Social Security, and other benefits for retired faculty. Where can I find information on retiree benefits?
Begin by accessing NYU’s Planning for Retirement pages. Retiree benefits include medical, dental, and vision coverage; life insurance continuation; access to Health Advocate, Inc.; and tuition benefits.
Yes. Workshops are offered to help faculty members understand retirement benefits. Workshops cover medical insurance, Medicare, Social Security, and more. For information about attending a retirement workshop, please contact your school representative. You can also contact PeopleLink at any time with questions about retirement benefits.
NYU Work Life has compiled links (PDF) to resources that may be useful to faculty members as they consider relocation after retirement.
The University has also compiled information on nearby apartment buildings (PDF) that could offer alternative rental opportunities for retiring faculty. This information includes large apartment buildings (>100 units) that are within two miles of the Washington Square campus. Please note that the University has no formal agreement with the apartment buildings on this list, nor does it have any information as to the availability or condition of apartments. This list is in no way a recommendation or endorsement of these apartment buildings, but rather a list of buildings near Washington Square that may or may not be options for future housing.
You can continue receiving tuition benefits for yourself, your spouse or registered domestic partner, and your dependent children under some circumstances. For information and definitions of dependents, please refer to the NYU Retirement Benefits Guide.
Yes. When the human resources office in your school changes your employment status from “active” to “retired,” your access to your NYU Email—and the other NYU IT services listed below—will continue uninterrupted.
You will still need to change your NetID password at least once a year to maintain the security of your account. You will receive email reminders prior to your password expiration date or you can change your password anytime. If your password expires, follow these instructions to reset your password and regain access to your NYU account.
Retired faculty members retain their access to the following IT services. Schools may also provide access to locally-supported IT services on a case-by-case basis.
Retired faculty are eligible for discounts at the NYU bookstore and at local businesses. They can also get free tickets to NYU home athletic events. For more information, visit discounts and privileges.
No. You must vacate your office when your teaching obligations as a full-time faculty member have ceased.
Temporary office space may be available in your department or school. Such space is typically available on a shared basis and may be designated for retired faculty who have teaching duties. Please contact your department chair for more information.
NYU Libraries recommends donating books to Better World Books, a nonprofit organization that supports literacy in a variety of ways, including donating books and proceeds from book sales to underserved communities and regions around the world. You can also donate books to Internet Archive, a nonprofit library of millions of free books, movies, software, music, and websites.
Does NYU provide opportunities for retired faculty to continue to be part of the University after retirement?
Yes. As a retired full-time NYU faculty member, you are invited to maintain your connection with the University through participation in the new NYU Society of Retired Faculty. The NYU Work Life office is currently engaging faculty retirees to help develop this new and significant group on campus. We envision the NYU Society of Retired Faculty as a community that offers opportunities to engage with other retired faculty members, attend lectures and events, volunteer, provide mentorship, and participate in a variety of activities on campus. For more information and to join the NYU Society of Retired Faculty please contact Stacey Gordon.