The Washington State University Board of Regents has approved the Voluntary Early Retirement Incentive (VERI) program for participants of the WSU Retirement Plan (also commonly referred to as the TIAA-CREF plan).
WSU will make a one-time payment of $18,000 into a tax exempt medical expense plan for employees retiring under VERI. To be eligible an employee must be a current member of the WSURP, must have been a member of the WSURP for at least 10 years, must be 55 or older before the effective date of retirement (no later than July 1, 2009) and must begin receiving a retirement payment as a result of their retirement.
Human Resource Services will be presenting seminars to provide more information about the VERI program. Employees are encouraged to attend a seminar prior to requesting a individual meeting with HRS personnel.
These sessions will be available to non-Pullman participants via AMS/WECN videoconferencing. Following are the dates and locations:
9 – 10:30 a.m.
For complete scheduling details and to register online, use the following link to access the course information page within your WSU Online Learning Account; then click on sessions: http://www.hrs.wsu.edu/skillsoft/viewclass.aspx?c=ilt_wsu_FIN_667