Division of Finance

The Office of Employee Services

Voluntary Separation Program (VSP)


VSP Application

VSP Revocation

Program Description

Texas A&M University-Kingsville is providing a limited one-time opportunity for tenured faculty members to apply for the FY 2021 Voluntary Separation Program (VSP). Tenured faculty members relinquish their indefinite tenure status upon voluntary separation.

Questions & Disputes Regarding the VSP

  • This program is being administered by the Provost and Vice President for Academic Affairs with the support of Human Resources (HR). Questions or concerns regarding:
  • The Provost and Vice President for Academic Affairs shall have the discretionary authority to determine eligibility for the VSP payment and other consideration and to construe the terms of the VSP, including the making of factual determinations.
  • The decisions of the Provost and Vice President for Academic Affairs shall be final and conclusive with respect to all questions concerning the administration of the VSP.

Eligibility

  • The VSP is available only to eligible tenured faculty members with 15 or more years of service with Texas A&M University-Kingsville or those who have achieved the TRS Rule of 80 or above (years of qualified state service + age). Please note that faculty who satisfy the 15 years of service or the TRS Rule of 80 and participate in ORP are eligible for this program. Administrators at the level of Dean or higher are ineligible.
  • If the faculty member’s separation date is also a retirement, they should make contact with the HR.Benefits@tamuk.edu as soon as possible for retirement counseling.
  • The state will not pay any benefits retroactively. None of these considerations can result in a separation date later than August 31, 2021.

Timeline

VPS Timeline
Monday, March 15, 2021 Monday, March 15, 2021 Program announced and information available online.
Monday, March 15 – Friday, April 16, 2021 Monday, March 15 – Friday, April 16, 2021 Eligible tenured faculty may apply.
Monday, May 3, 2021 Monday, May 3, 2021 Accepted faculty members are notified.
Monday, May 17, 2021 Accepted faculty must execute and return their Separation Agreement no later than May 17, 2021, and may revoke the executed agreement if they desire to no later than 7 calendar days beyond the date of execution of the Agreement.
Monday, August 31, 2021 Accepted faculty will separate from the University no later than August 31, 2021.

VSP Payment

  • Accepted faculty will receive a lump-sum payment of their 9-month budgeted salary (excluding stipends) as of 5/31/2021.
  • All payments are subject to deductions required for taxes or required benefit or obligations existing upon separation for the faculty member.
  • The payment will be made within forty-five (45) days of the employee’s voluntary separation date.
  • All federal and state taxes and other deductions will be withheld as required by law.
  • The VSP payment does not count as “earnings” for TRS or ORP purposes and is, therefore, not eligible for TRS or ORP contributions.

Separation Agreement w/Waiver & Release

  • Upon notification of acceptance into the VSP program, the faculty member accepted will be provided with the Separation Agreement prepared for signature.

Faculty members accepted to the VSP program will receive a Separation Agreement. The signed Separation Agreement must be either hand-delivered or received via the US Postal Service to the Provost Office (Lou Reinisch, Ph.D.; Provost and VP Academic Affairs; Texas A&M University–Kingsville; 700 University Blvd. MSC 102; Kingsville, TX 78363-8202), no later than 5 p.m. May 17, 2021.

  • Accepted applications will be automatically withdrawn if their signed Separation Agreements are not received by 5 p.m. May 17, 2021.

Applicable Law & Non Discrimination Statement

  • The VSP shall be governed and construed in accordance with the laws of the State of Texas, without reference to its conflicts of law provisions.
  • The University will not engage in discrimination or harassment against any person because of race, color, religion, sex, national origin, ancestry, age, marital status, disability, genetic information, status as a protected veteran, sexual orientation, or gender identity, and will comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders and regulations.