If you decide to resign, you are expected to notify your administrator/Vice President in writing, at least two weeks before you plan to leave (except during your probationary period). He or she will want to discuss with you your reasons for leaving.
Before you leave, you will be scheduled for an exit interview with Human Resources. This exit interview provides us with an opportunity to hear about your work experience with us and lets us know where we might need to make changes in our policies.
When you leave, you will be paid through your last day of employment. You will be paid for any vacation you have earned only if you have completed your probationary period and if you have given appropriate notice. Vacation hours may not be used to extend termination dates.
At all times employees are expected to meet the College's standards for work performance and business conduct and to follow policies and procedure. In most cases, employees who have difficulty meeting these standards are given a chance to improve through the corrective action process. However, in appropriate instances, failure to meet Augustana's standards or to follow policies and procedures may result in release without notice.
If an employee fails to improve or if corrective action is impractical, the employee will be released or asked to resign. Before this would happen, his or her administrator would review the proposed release with the Vice-President of Human Resources to insure that alternatives to release have been considered.
Employees can seek review of any termination through the problem-review procedure.
Employees who are released or asked to resign will be paid through the last day of employment. Any vacation hours accrued will be forfeited.
You are eligible to be an Augustana College retiree if you have completed ten years of service and are at least 55 years old. To begin the process, you should notify Human Resources in writing at least six (6) months before your planned retirement date.
The Retirement Plan (TIAA-CREF), together with Social Security, provides income for those who wish to retire and for those who are permanently and totally disabled.
The amount of your retirement plan income depends on several factors including years of credited service, age at retirement and expected Social Security benefits. (Refer to the Retirement Plan booklet for additional information.)
Within three months prior to the retirement date, Human Resources will meet with the employee. The amount and payment schedule of retirement plan benefits, payment options, and how retirement affects other benefit plans will be discussed. Retirees and families under the age of 65 will have the option to remain on the Health Plan until age 65. The premium cost is based upon the claims experience of the employee group, so it may vary from year to year. Health insurance after 65 is presently offered through Blue Cross/Blue Shield.
Employees who retire on or after February 1 are entitled to their full year's vacation. At retirement, the employee will be paid for any unused vacation.
Retirees are also entitled to other Augustana benefits and can continue to participate in the Tuition Assistance Program.
If a continuing employee dies while employed at Augustana, his or her family or beneficiaries would receive certain College benefits. Included in these would be any salary due the employee and pay for any unused vacation earned for the year.
Payment for life insurance benefits and any other payments due the employee would also be paid to the designated beneficiaries named by the employee.
If you work as a continuing employee, leave, and then come back again, your prior service will count toward participation in the Retirement Plan and certain other benefits, such as vacations.
As a re-hired employee, you will be considered as a new employee in the application of the following policies: employment, probationary period, promotions, and performance appraisals.
You should see your administrator for complete details on how all College policies and procedures apply.