| 1. |
Introduction
It is the policy of the college to re-employ
retirees of the State of North Carolina when
such employment is in the best interest of
the college. Such employment will be authorized
by the President as designated by the Board
of Trustees. The college recognizes that
a retired state employee has valuable experience
to offer. The college further recognizes
that the age of the institution and the
longevity of many employees will predicate
an increase in retirements. A retiree of
the Teachers’ and State Employees’
Retirement System (TSERS) is subject to
earnings limitations. The purpose of this
policy is to define and authorize benefits
to be available to employees in this classification
when the restricted earnings will be less
than the employee will earn under the college
salary plan. Retirees are subject to a six
month waiting period before re-employment
may occur.
| a. |
Benefits - Leave Accruals
Full-time employees who are also retirees
of the retirement system will earn annual
leave (staff and occupational faculty)
and sick leave under the same guidelines
as active employees. |
| b. |
Benefits - Life Insurance
The college will cover the re-employed
retiree under class 1 of the life insurance
policy as long as the person continues
to work a full-time schedule as defined
by SCC policy. When the re-employed
retiree ceases full-time employment
with the college, SCC will cover that
person under class 2 of the life insurance
plan if the person retired from SCC. |
| c. |
Benefits - Longevity Pay
A full-time employee who is also a retiree
is eligible for longevity pay subject
to the earnings limitation. |
|