If selected, the retiree will:
a) be compensated in the
same manner as any new-hire from outside the college;
b) be eligible for the
same salary adjustments as other faculty;
c) not accumulate
seniority;
d) not be eligible for
sick-leave payout upon subsequent retirement;
e) accumulate sick leave
from date of re-hire;
f) only receive one-year
probationary contracts (not eligible for non-probationary
contracts);
g) be eligible for life
insurance according to current policy;
h) contribute to STRS;
i) be required to follow
all standard new-hire procedures.