Can I receive my payout and sick leave pay as a lump sum?
No. There is no option to elect the UFSP and receive the payout and contractual sick pay as a lump sum.
What is contractual sick pay?
All who participate in the plan will receive their sick leave as part of their incentive plan. This means that you will receive sick leave whether you resign or retire. Sick leave will be included in your UFSP monthly payment. The amount of sick leave you are eligible for, according to policy 3342-6-11.1, is one-fourth or 25% of your balance up to a maximum of 30 working days or 240 hours.
What payout am I eligible to receive?
Eligible employees electing the UFSP and exiting by Jun. 30, 2023, shall receive 100% of their base salary as of Jun. 30, 2023, not to exceed $80,000. The UFSP base benefit will be added to an amount equivalent to the employee’s contractual sick pay, the total of which is divided into 60 equal monthly payments to a 403(b) account.
Who is not eligible for the UFSP?
The plan is not available to any other employees, including part-time, temporary or contracted employees, employees in positions supported by grant funding, those who have been laid off, terminated, or those who have formally retired or resigned from service with notification to the university and have exited service from the university, including those that have retired and have been subsequently rehired by Kent State.
The Canton City Public Health Department will have a resource table available for Stark Campus students.
The Canton City Public Health Department will have a resource table available for Stark Campus students.
The Canton City Public Health Department will have a resource table available for Stark Campus students.
Who is eligible for the UFSP?
The plan is available to full-time Tenured/Tenure-track and Non-Tenure track faculty and unclassified employees with faculty rank who:
