Faculty

  • Who
    • Clinical (Teaching Track) 
    • Artists & Scholars in Residence
    • Teaching Professor Series
    • Tenured & Tenure-Track
  • What
    • 9 months of base pay, payable at the employee's rate of pay, upon the retirement effective date
    • One-time, lump sum payment
    • January 1 retirement lump sum paid in their final paycheck, December 31, 2024, taxable in 2024 
    • June 1 retirement lump sum paid in their final paycheck, May 31, 2025, taxable in 2025
    • Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31.
    • Incentive is not included in salary for defined contribution 401A plan

University Staff

  • Who

    • University staff
  • What
    • 9 months of base pay
    • One-time, lump sum payment
    • January 1 retirement lump sum paid in their final paycheck, December 31, 2024, taxable in 2024 
    • June 1 retirement lump sum paid in their final paycheck, May 31, 2025, taxable in 2025
    • Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31.
    • Incentive is not included in salary for defined contribution 401A plan

Classified Staff 

  • Who
    • Employees who hold roles designated under the State of Colorado Classified State Personnel System
  • What
    • Eligible Classified staff who qualify for retirement within the state personnel rules, are eligible for up to 18 weeks of pay and dependent on years of service
    • One-time, lump sum payment
    • January 1 retirement lump sum paid in their final paycheck, December 31, 2024, taxable in 2024 
    • June 1 retirement lump sum paid in their final paycheck, May 31, 2025, taxable in 2025
    • Annual leave & vacation payout is payable on the last day of work in the final paycheck; Dec. 31 or May 31.
    • State classified leave payments follow State Personnel rules
    • Incentive is not includable in salary for PERA calculations