University of Virginia Library

RETIREMENT POLICY FOR THE UNIVERSITY AT CHARLOTTESVILLE

The following resolution was adopted:

• RESOLVED by The Rector and Visitors of the University of Virginia that, effective 1 September 1962, the age of 70 be and it is hereby prescribed as the mandatory retirement age for members of the faculty of the University at Charlottesville, [the effective date of retirement to be at midnight the 30th of June after reaching the age of 70;] that, upon the initiative either of the President or of the professor concerned, any professor aged 65 or over may be retired or may have his teaching load, and proportionately his compensation, reduced to an amount that is appropriate in each particular case;
• RESOLVED FURTHER that the age of 65 be and it is hereby fixed as the retirement age [the effective date of retirement to be at midnight the 30th of June after reaching the age of 65] for the President, the Vice-President for Business and Finance, and other administrative officers, and that deans and chairmen of departments be retired from their administrative positions at midnight the 30th of June after reaching the age of 65, even though their teaching duties may continue either in whole or in part; and
• RESOLVED FURTHER that the University's retirement policy as set forth in this resolution shall be presented to future employees of the University at the time of election or appointment and accepted by them as a condition of employment.