Procedures

403

AP 403.5 - Transition to Retirement Program (TRP)

The Transition to Retirement Program (TRP) is designed to allow individuals to access pension benefits in the final few months of their employment before retirement, and at the same time receive full salary for that period.

Procedures

  1. The TRP is available to all permanent staff members currently employed by Palliser Regional Schools,and covered by either the Alberta Teachers Retirement Fund (ATRF) or the Local Authorities Pension Plan (LAPP).
  2. Applicants must be at least 55 years of age at the retirement date selected.
  3. Employees must retire during the school year in which they have chosen to apply for the TRP.
  4. For certificated staffcovered by the Alberta Teachers Retirement Fund (ATRF):
    1. Staff who turn 55 years of age between September 1 and January 31 of the current school year must resign effective January 31 of the current school year. A teacher approved under the TRP will be provided a temporary contract from their approved retirement date to the end of the current school year.  Applications to participate in the Transition Retirement Program must be received by the Superintendent ONE MONTH PRIOR TO THE PLANNED DATE OF RETIREMENT.
    2. Staff who turn 55 years of age between February 1 and August 31 of the current school year may resign anytime between February 1 and August 31 of that year. A teacher approved under the TRP will be provided a temporary contract from their approved retirement date to the end of either the current school year or for the entire first semester of the following school year, or another mutually agreed time within that period. Applications to participate in the Transition to Retirement Program must be received by the Superintendent ONE MONTH PRIOR TO THE PLANNED DATE OF RETIREMENT.
    3. Staff who are 55 or older prior to September 1 of the current school year must make application to participate in the TRP by submitting the application form to the Associate Superintendent, Human Resources not later than ONE MONTH PRIOR TO THE PLANNED DATE OF RETIREMENT.
  5. For non-certificated staffcovered by the Local Authorities Pension Plan (LAPP):
    1. Staff shall provide notification of resignation no less than three (3) months prior to the effective retirement date. 
    2. A letter will be provided to the employee approving employment from the retirement date to a date not later than the end of the current school year, or another mutually agreed upon date.
  6. Requests for variation from the application dates noted above should be forwarded to the Associate Superintendent, Human Resources, with consideration given on a case-by-case basis.
  7. Approval of requests to access the TRP shall be at the discretion of the Associate Superintendent,Human Resources or the Superintendent in the case of an Associate Superintendent request for TRP.
  8. Should ATRF or LAPP regulations change and preclude the ability of employees to access pension benefits under the TRP, it will terminate.
  9. The TRP shall continue on a year-by-year basis.  If it is determined that the TRP shall no longer exist, employees who have signed this document prior to the termination date of this AP shall be granted TRP.
    NOTE: Any staff considering retirement through the Transition to Retirement Program are encouraged to contact the Payroll Office at Palliser Regional Schools for further information or clarification. Teachers are also encouraged to contact their local ATA Pension Officer.

References

Link to Transition to Retirement Application Form

School Act, Section 107, 109
Section 59, Employment Standards Code