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Do part-time faculty have a retirement plan?

Yes. Pursuant to federal law, part-time faculty have three choices. Upon employment, they are automatically entered into a defined contribution plan administered by MetLife. Part-time faculty have the option of joining STRSDB (State Teachers Retirement System), a defined benefit plan, or STRS Cash Balance. Part-time faculty cannot simultaneously belong to all three plans. Please contact MetLife or STRS for plan details.

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Santa Monica College Faculty Association
1900 Pico Blvd.
Liberal Arts, Room 140
Santa Monica, CA  90405
Phone 310-434-4394
FAX 310-434-3601

President: Mitra Moassessi

Executive Secretary: Janet Watts

www.SMCFA.org

ARTICLE 21 - Banking of Assigned Load PDF Print E-mail

 

21.1 As provided in Article 6.8.1, the standard full load for a full-time faculty member shall be 15 Lecture Hour Equivalents (LHE).

 

When the assigned load of a regular or contract faculty member differs from the standard LHE by more than 0.1 LHE, that difference shall be accumulated and carried forward from semester to semester. The cumulative difference from loads of standard LHE may be balanced by taking a smaller or larger load in subsequent semesters.

 

21.2 The cumulative negative difference at the end of the academic year may not exceed a negative 3.0 LHE.

 

21.3 Any full-time tenured or probationary faculty member may earn LHEs for his or her bank. The maximum to be earned in an academic year shall not exceed 12.0 LHE. The cumulative balance in a faculty bank shall not exceed 30 LHE. During any semester in which a faculty member's bank exceeds 30 LHE, the faculty member may not bank any additional hours until the next semester in which the faculty member's bank is equal to or less than 30 LHE

 

21.4 A faculty member may apply to redeem the accumulated LHEs in his or her bank. This may be done by taking a reduced assignment or no assignment during either fall or spring semester. Requests to redeem accumulated load through a reduced assignment must be approved by the Vice President, Academic Affairs and filed with the Office of Human Resources. If the number of redemption requests exceeds ten in a semester, or if the Vice President, Academic Affairs determines that multiple requests from a department would have negative impact on the instructional program, the Vice President, Academic Affairs ; Vice President, Human Resources ; and the President of the Faculty Association or their designees shall confer. If agreement cannot be reached, the Vice President, Academic Affairs shall determine which ten (10) requests are approved for each fall and spring until all have been accommodated.

 

21.5 When a faculty member resigns or retires and the cumulative balance is positive, it will be balanced with a single payment at the faculty member's current overload rate for each LHE, or, if the cumulative difference is negative it will be balanced by a single deduction from the faculty member's salary check at the faculty member's current overload rate for each LHE.

 

21.6 Each full-time faculty member who has a bank will receive accurate, up-to-date data regarding the balance in the bank each fall and spring semester. A copy of the complete report will be given to the Faculty Association at the same time.

 

 
 

 

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