Fillable 20180130 Fvtp Application Form (Oral Roberts University)

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20180130 Fvtp Application Form (Oral Roberts University)

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ORAL ROBERTS UNIVERSITY
FACULTY VOLUNTARY TRANSITION PLAN
APPLICATION FORM
SECTION I: FACULTY INFORMATION
Date of Birth (Month/Day/Year) ____________________ Z Number: _______________________
First Name MI Last Name
___________________________________ ______ __________________________________________
Street or Mailing Address
__________________________________________________________________________________________
City State Zip Code
_________________________________________ ______ ______________
Home Phone Work Phone Cell Phone
_______________________ _____________________ _____________________
Email Address: _____________________________________________________________________________
SECTION II: ELIGIBILITY/QUALIFICATIONS Month/Day/Year
A. Faculty member’s first day of employment at ORU as Full Time Faculty. __________________
B. Faculty member’s last day of employment at ORU as Full Time Faculty. __________________
C. Faculty Member’s age as of application date. __________________
D. Faculty Member’s years of continuous service as faculty at ORU
as of application date. __________________
E. Faculty Members age and years of continuous service (Total of C & D). __________________
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2ORUkrm.cm112817
SECTION III: REPRESENTATIONS
I have received and read ORU’s Faculty Voluntary Transition Plan (FVTP). By completing this Application and
executing below, I understand that:
A. Participation in the FVTP is an opportunity offered by ORU and not an entitlement.
B. ORU may refuse an applicant to participate in the FVTP if it determines there is reasonable cause to do so.
C. The FVTP is offered on a one-time basis and the Election Period is November 1 to December 31 of each
year.
D. The voluntary resignation date for Qualified Faculty members is May 31 of each year, however, the
Voluntary Resignation Date for academic administration or academically related administration personnel
may vary based on operational needs.
E. Election and participation in the FVTP is strictly voluntary. The decision whether to elect to participate in
the FVTP is entirely within the discretion of the applicant.
F. As a condition of participation in the FVTP, I will execute a Transition and Release Agreement with ORU
that includes the terms and conditions of separation.
G. I cannot be reemployed by ORU in any full-time or staff position for five (5) years following my voluntary
resignation date.
SECTION IV: SUBMISSION, RECEIPT AND APPROVAL
I AM A Full Time Faculty member and my age plus continuous years actively employed as Full Time Faculty
member at ORU are equal to _________(actively employed means being actively at work; on vacation; on sick
leave; on military leave; on paid leave of absence; or on an approved unpaid leave of absence). By signing
below, I voluntarily request participation in the FVTP.
Date: Month/Day/Year
Employee
Signature: __________________________________________________ ______/_______/_______
Application Approved by: Date: Month/Day/Year
___________________________________________________________ _____/_______/________
Dr. Kathaleen Reid-Martinez, Provost
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Oral Roberts University
Faculty Voluntary Transition Plan
The Faculty Voluntary Transition Plan (“FVTP’) is available to Qualifying Faculty Members of
ORU as an opportunity for career and life transition. Qualifying Faculty Members, in lieu of
entering into a full time Faculty Contract for the upcoming academic term, can instead elect either
a:
a.) Reduced Load by phasing out their duties systematically over three academic years;
A Qualifying Faculty Member electing the Reduced Load option will be eligible to receive faculty
contracts for the three academic years following their current Faculty Contract as summarized
below:
Academic Year After
FVTP Election
Employment
Status
Load Salary Benefits
1
st
Academic Year After
FVTP Election
Full Time 3/4 load 75% of Salary Full Benefits
2
nd
Academic Year After
FVTP Election
(select either the Full Time
Full Time
3/4 load
75% of Salary
Full Benefits
or the Part Time option)
Part Time
1/2 load
55% of Salary
No Benefits
3
rd
Academic Year After
FVTP Election
Part Time 1/2 load 55% of Salary No Benefits
Circle your selection above in the highlighted area:
Sign and Date ______________________________ _________________
or
b.) Lump Sum Payment by resigning from employment with ORU upon conclusion of
their current Faculty Contract and receive a Lump Sum Payment based upon the
number of full years of continuous service at ORU.
Sign and Date ______________________________ _________________
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20180130 Fvtp Application Form (Oral Roberts University)

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Completed 21 July 2020

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