- Offered to all tenured faculty over the age 59 ½ and a minimum of 10 years of service.
- A year and a half (1.5) of annual base salary as salary continuation
- Health benefits at the employee rate until age 65 (Medicare eligibility)
- Additional one-time payment of $500 per year of status service for that are age 62 – up to 65, an additional one-time payment of $1,000 per year of status service for those 65 and over
- Up to 5 ½ years of medical coverage or $15,000 one-time payment for those that waive medical coverage
- COBRA will be offered for dental and vision benefits.
- All other benefits including retirement, will continue until the last day of the month in which the employee retires.
- Retirement and application dates:
- Application must be received by Human Resources by the following dates:
| Retirement Date | Application Date |
| August 7, 2020 | July 15, 2020 |
| January 8, 2021 | September 15, 2020 |
| May 28, 2021 | October 15, 2020 |
2020 COVID-19 Enhanced Retirement Plan Summary
CERP 2020 Release and Waiver Form
*Note: Please download and save fillable forms prior to entering information.*
Please submit your completed CERP Faculty Application and CERP 2020 Release and Waiver form to the Office of Human Resources at psu-humanresources@plymouth.edu
COVID-19 Enhanced Separation Program (CESP)
- Offered to tenured faculty in programs other than the listed below with a minimum of 5 years of status service and not eligible for the Early Retirement Program
- A year and a half (1.5) of annual base salary as salary continuation
- Health benefits at the employee rate for 1.5 years, or until age 65 (Medicare eligibility), or $15,000 one-time payment for those that waive medical coverage.
- COBRA will be offered for dental and vision benefits.
- All other benefits including retirement, will continue until the last day of the month in which the employee separates.
The following programs are EXCLUDED from this separation program:
| Allied Health | Environmental Science & Policy |
| Business (all programs) | Nursing |
| Communications and Media Studies | Physical Therapy |
| Criminal Justice | Psychology |
| Elementary Education | Social Work |
- Separation and application dates:
- Applications must be received by Human Resources by the following dates:
| Separation Date | Application Date |
| August 7, 2020 | July 15, 2020 |
| January 8, 2021 | September 15, 2020 |
| May 28, 2021 | October 15, 2020 |
2020 COVID-19 Enhanced Separation Plan Summary
CESP 2020 Release and Waiver Form
*Note: Please download and save fillable forms prior to entering information.*
Please submit your completed CESP Faculty Application and CESP 2020 Release and Waiver form to the Office of Human Resources at psu-humanresources@plymouth.edu