Retirement
Notification of retirement should be furnished to Human Resources prior to contract renewals in March of each year.
Vernon College will provide a $150 stipend for full-time employees who retire after ten years of service to the College. The Human Resources department will initiate the request for the stipend after receiving notification of retirement and verifying 10 years of employment. For 9 month employees, 20 full semesters of teaching will equate to ten years. All other employees will qualify if they work ten years from their hire date. All retirement party, money tree, card, etc. costs will be at colleague expense.