Retirement

Disclaimer: This page contains general information on retirement options. In the event of a conflict between the information on this page and the collective agreement or plan documents, the agreement/documents should be taken as correct.

Retirement Information

Overview

The normal retirement age for CUASA members is 65. There is no mandatory retirement age in Ontario.

When you choose to retire, you will be eligible to receive a pension from the Carleton University Retirement Plan.

For more information on Pension and Retirement, see the Carleton Human Resources website.

Early Retirement

Members have the option of retiring early. Normally, this will result in a corresponding reduction in the total pension plan payout. If you are considering early retirement, you are strongly encouraged to discuss the impact it will have on your pension with Carleton Human Resources.

Reduced-Time for Long-Service Employees

Members aged fifty-five (55) years or over and with ten (10) or more years of full-time service at Carleton University are entitled to, and may apply for, a special reduced-time arrangement.

This arrangement is a 50% workload at 50% of nominal salary, with the option of receiving up to 65% of nominal salary depending on eligibility. The Employer will also make additional pension contributions on the member’s behalf as if they were still receiving 100% of nominal salary.

Members will normally begin this reduced arrangement on either July 1 or January 1, with at least six (6) months’ notice provided to the appropriate Dean or University Librarian.

This reduced-time arrangement is conditional on the employee agreeing to retire within four (4) years of taking up the option.

For more information, see Article 13.7 of the collective agreement, or contact the CUASA Office.

After Retirement

Retired academic staff continue to be associate members of CUASA.

CUASA negotiates benefits and contract teaching stipends on behalf of retired members. For more information, please see Article 39.9 of the collective agreement or Carleton’s Benefits at a Glance for Retired CUASA Members.

Honorary Ranks

The assignment of honorary ranks after retirement is governed by the University’s Honorary and Affiliated Ranks policy. More information on honorary ranks can be obtained on the Deputy Provost’s website.

Post-Retirement Teaching and Supervision

Retired members may continue to teach credit courses at Carleton as a contract instructor and shall have priority as determined by Article 39.9.

Supervision of graduate students is determined by the Graduate Supervision Appointments policy. Members who supervise graduate students after retirement are paid $2,000 per Master’s thesis and $4,000 per PhD dissertation, once accepted by Graduate Studies, for which the member is the supervisor.