Voluntary Separation Incentive Plans

The Voluntary Faculty Separation Incentive Plan provides eligible full-time faculty with an opportunity to receive a payment of either $30,000 or $40,000, depending upon years of tenure, in return for their voluntary separation from the College.

Eligible full-time faculty electing to participate in the program must complete the Notice of Interest Form and return it to human resources.

Acceptance of the College’s offer by the full-time faculty, as part of this plan, requires signing a tenure buyout agreement and delivering it to the College no later than the effective date of the employee’s separation.

• Notice of Interest Form 
• Template: Separation and Release Agreement Form 
• MOU: Voluntary Separation Incentive 
• FAQ - Voluntary Separation Incentive 

Below are additional details regarding the plan. Further details can be found in the MOU between the College and AFT.

Participation Window: The College will accept notices of interest to participate in this VSI from October 23, 2023 until December 7, 2023. Employees electing to participate in this VSI will separate their employment with an effective date no later than December 31, 2023.

Participation Deadline: Full-time faculty will accept this offer by submitting a signed Notice of Intent to Participate in the program, on the required form, no later than December 7, 2023, with an effective date for their separation no later than December 31, 2023.

Eligibility: Full-time faculty with at least five (5) years of tenure with the College, subject to certain limitations outlined in the plan MOU.

Incentive Amount: Faculty at or below salary schedule step twenty (20) shall receive a flat lump sum payment of thirty-thousand dollars ($30,000). Faculty at or above step twenty-one (21) shall receive a flat lump sum payment of forty-thousand dollars ($40,000).

Payout Details: Payout will be in the form of a lump sum payment less required withholding. Payments will be made within thirty days of the employee’s last day of employment.

Leave Balances: Unused leave accruals (e.g. sick leave) will also be paid out in a manner consistent with the generally applicable College policies and EvCC/AFT bargaining agreement provisions, less required withholding.

Retirement Contributions: Any payments made under this MOU will not include retirement plan contributions nor will the payment amount otherwise be considered income for retirement (average final compensation) purposes.

Return to Service: Faculty who accept a separation incentive who return to teaching will be paid from the associate faculty pay scale and will otherwise be classified as associate faculty in accordance with the CBA.
 

The Voluntary Faculty Separation Incentive Plan for classified staff provides eligible classified staff with an opportunity to receive an incentive payment, depending upon years of service, in return for their voluntary separation from the College. Incentive payment amounts cannot exceed $25,000 per OFM guidelines, and will be paid out as follows:

Eligible classified staff interested in participating in the program must complete a the Notice of Interest Form and return it to human resources by November 30, 2023. The College will then review all notice of interest to participate forms, and make formal offers to participate to selected individuals no later no later than December 15, 2023.

Acceptance of the College’s offer by the classified staff, as part of this plan, requires signing a signed separation agreement and delivering it to the College no later than the effective date of the employee’s separation.

Staff accepting a voluntary separation incentive must resign or retire from the College no later than January 31, 2024.

• Notice of Interest Form 
• Plan Document (Classified Staff): Voluntary Separation Incentive 
• OFM Approval Letter 

Below are additional details regarding the plan. Further details can be found in the plan document approved by OFM.

Participation Window: Interested staff will submit a notice of interest to participate, on the required form, November 1, 2023 and November 30, 2023. This form will include a desired effective separation date no later than January 31, 2024. The College will make formal offers to participate to interested staff no later than December 15, 2023. Staff formally offered to participate in the program will have until January 31, 2024 to formally accept the College’s offer.

Participation Deadline: After receiving a formal offer to participate in the program, staff offered to participate will have until January 31, 2024 to accept the College’s offer to separate from the College. Acceptance of the College’s offer by the employee as part of this Plan must include signing a separation agreement and delivering it to the College no later than the effective date of the employee’s separation.

Eligibility: Classified staff with at least three (3) years of service with the College, subject to certain limitations outlined in the plan document.

Incentive Amount: Staff who separate their employment from the College under this plan will receive an incentive payment equivalent to a number of months of their 2023-2024 annual base salary. The number of months’ salary paid is determined by the number of years of services the employee has with the College. Refer to the plan document for specific incentive amounts. The incentive amount may not exceed 25,000$.

Payout Details: Payout will be in the form of a lump sum payment less required withholding. Payments will be made within thirty days of the employee’s last day of employment.

Leave Balances: Unused leave accruals (e.g. sick leave and vacation leave) will also be paid out in a manner consistent with the generally applicable College policies and collective bargaining agreement provisions, less required withholding.

Retirement Contributions: Any payments made under this plan will not include retirement plan contributions nor will the payment amount otherwise be considered income for retirement (average final compensation) purposes.

Return to Service: Following a separation or retirement payment under this Plan, any employee who returns to state service in five or fewer years (as an employee or contractor) must repay the incentive payment. An exception or partial exception to this provision may be granted, provided the new agency seeking to hire the former employee has sought and gained approval from the OFM director prior to the date of hire. Such exceptions are evaluated on their potential benefit to the state.

The Voluntary Faculty Separation Incentive Plan for civil service exempt staff provides eligible staff with an opportunity to receive an incentive payment, depending upon years of service, in return for their voluntary separation from the College. Incentive payment amounts cannot exceed $25,000 consistent OFM guidelines for classified staff, and will be paid out as follows:

Participation Window: Eligible exempt staff interested in participating in the program must complete a Notice of Interest Form and return it to human resources by November 30, 2023. The College will then review all notice of interest to participate forms, and make formal offers to participate to selected individuals no later no later than December 15, 2023.

Acceptance of the College’s offer by the exempt staff, as part of this plan, requires signing a signed separation agreement and delivering it to the College no later than the effective date of the employee’s separation.

Staff accepting a voluntary separation incentive must resign or retire from the College no later than January 31, 2024.

• Notice of Interest Form 
• MOU (Exempt Represented): Voluntary Separation Incentive 
• Plan Document (Exempt Non-Represented): Voluntary Separation Incentive 

Below are additional details regarding the plan. Further details can be found in the plan document (exempt non-represented) or the MOU with the professional staff union (exempt represented).

Interested staff will submit a notice of interest to participate, on the required form, November 1, 2023 and November 30, 2023. This form will include a desired effective separation date no later than January 31, 2024. The College will make formal offers to participate to interested staff no later than December 15, 2023. Staff formally offered to participate in the program will have until January 31, 2024 to formally accept the College’s offer.

Participation Deadline: After receiving a formal offer to participate in the program, staff offered to participate will have until January 31, 2024 to accept the College’s offer to separate from the College. Acceptance of the College’s offer by the employee as part of this Plan must include signing a separation agreement and delivering it to the College no later than the effective date of the employee’s separation.

Eligibility: Exempt staff with at least five (5) years of service with the College, subject to certain limitations outlined in the plan documents.

Incentive Amount: Staff who separate their employment from the College under this plan will receive an incentive payment equivalent to a number of months of their 2023-2024 annual base salary. The number of months’ salary paid is determined by the number of years of services the employee has with the College. Refer to the plan documents for specific incentive amounts. The incentive amount may not exceed 25,000$.

Payout Details: Payout will be in the form of a lump sum payment less required withholding. Payments will be made within thirty days of the employee’s last day of employment.

Leave Balances: Unused leave accruals (e.g. sick leave and vacation) will also be paid out in a manner consistent with the generally applicable College policies and collective bargaining agreement provisions, less required withholding.

Retirement Contributions: Any payments made under this plan will not include retirement plan contributions nor will the payment amount otherwise be considered income for retirement (average final compensation) purposes.

Return to Service: Following a separation or retirement payment under this Plan, any employee who returns to state service in five or fewer years (as an employee or contractor) must repay the incentive payment. An exception or partial exception to this provision may be granted, provided the new agency seeking to hire the former employee has sought and gained approval from the OFM director prior to the date of hire. Such exceptions are evaluated on their potential benefit to the state.