BOARD POLICY SERIES NUMBER: 6115

TITLE: RETIREMENT/EARLY RETIREMENT

PURPOSE
To assure college compliance with the Oregon Public Employees Retirement Statutes (PERS/OPSRP), state and federal laws, and applicable LBCC collective bargaining provisions related to retirement and early retirement.

STATEMENT
BARGAINING UNIT EMPLOYEES

The terms and conditions of retirement and early retirement for bargaining unit employees are governed by the respective collective bargaining agreement.  Failing such provisions, Board Policies and Administrative Rules shall apply.

NON-BARGAINING UNIT EMPLOYEES

The Board directs the president to establish and maintain Administrative Rules, processes and procedures to assure compliance with Oregon Public Employees Retirement Statutes (PERS/OPSRP) state and Federal laws as they relate to retirement and early retirement benefits.  

DATE OF REVISION:  05/19/99
DATE(S) OF REVISION(S):  07/28/04; 11/28/07; 06/16/10; 1/18/12; 1/17/18; 1/19/22
DATE OF LAST REVIEW: 07/28/04; 11/28/07; 06/16/10; 1/18/12; 1/17/18