Separates an employee who is retiring who would otherwise have been subject to layoff.
The official service retirement date is determined by CalPERS and may not be the same, nor overlap, the last date an employee is on payroll. For example, if the official retirement date is 06/30/2010, the effective date of the RET/SLL must be 06/29/2010. The last date worked can be 06/29/2010 or earlier. The effective date is never earlier than what the retirement system has provided.
To avoid potential benefit problems, the time between the last day physically worked and the effective date may be covered by sick leave, vacation, CTO, informal leave (dock) or leave of absence unless the employee resigns or otherwise separates before the official retirement date.
If the employee retired under the FERP program but never actually participated in the program, correct the RET/SLL to remove the FERP code.
If a disability retirement is approved by CalPERS subsequent to a service retirement, process a RET/DLL to accurately reflect the employees status.
An employee who opts to retire while on a paid or unpaid leave of absence (including IDL, TD and NDI) must be reinstated before processing the RET/SLL.
If it is known that an individual passed away after retirement, process a TER/DEA.
When a 12 month employee is to retire under the FERP program, the employee must be reassigned to a qualifying academic classification before posting the RET/SLL. Refer to HR/Benefits 2004-08, bullet #4.
If an employee decides to retire after being laid off and the official retirement date is on or before the effective date of the layoff, void the layoff and process the RET/SLL.
If the employee is issued a layoff letter, and on or before the effective date of layoff applies for and is granted a service retirement on or before the effective date of a layoff, a RET/SLL action must be used.
If an employee is retiring and has more than one position, enter all documented sick leave hours on the primary position only.