Who is not eligible for the UFSP?
The plan is not available to any other employees, including part-time, temporary or contracted employees, employees in positions supported by grant funding, those who have been laid off, terminated, or those who have formally retired or resigned from service with notification to the university and have exited service from the university, including those that have retired and have been subsequently rehired by ÌÒÉ«ÊÓƵ.
The Canton City Public Health Department will have a resource table available for Stark Campus students.
The Canton City Public Health Department will have a resource table available for Stark Campus students.
Who is eligible for the UFSP?
The plan is available to full-time Tenured/Tenure-track and Non-Tenure track faculty and unclassified employees with faculty rank who:
If I take the separation plan am I still eligible for unemployment insurance?
ÌÒÉ«ÊÓƵ does not determine eligibility for unemployment. You can file for unemployment but should be aware that accepting a voluntary severance from employment with the University may disqualify an Employee from receipt of unemployment benefits pursuant to the provisions of the Ohio law as it constitutes a voluntary termination of employment without cause attributable to the employer.
Will the payments (either lump sum or four payments) be taxed? Will PERS/STRS be taken from the payment?
The payment will be taxed at the supplemental rate, which is 22% for federal, 3.5% for state, Medicare of 1.45% and local tax if you currently have it taken out. Retirement will not come out of the payment.
