Welcome to the ERIP Web site
Indiana University is confronted with serious fiscal constraints and is undertaking organizational reviews to optimize the efficiency of administrative and academic support units. One response to these challenges is the adoption of the Early Retirement Incentive Plan (ERIP) for eligible Academic and Staff employees. Voluntary separations under ERIP are intended to achieve specific institutional objectives:
- Reduction in salary/wage and benefit costs
- Redirecting positions to focus on higher priorities
Voluntary separations under the ERIP may also assist in avoiding or minimizing future involuntary terminations due to reductions in personnel.
The ERIP is not intended to be an entitlement. A fundamental requirement of the ERIP is that approved applications must achieve one of the institutional objectives described above. Not every application to participate in the ERIP will be approved.
A Critical Action
To continue health care through Indiana University after separation, participants must take an affirmative action to enroll. Use the links on the left, Health Plan Decisions and Actions, to learn about the health care plan options available and how to enroll.
Important Dates
| Separations Effective December 31, 2011 | |
| August 5 | Separation Agreements due to UHRS by 5pm |
| December 19 - 23 | Medicare Supplement information mailed to home address |
| January 3 | Final paycheck for monthly-paid Academic employees |
| January 9 - 13 | HRA debit cards mailed to home address |
| January 16 - 20 | COBRA information mailed to home address |
| January 23 - 27 | Income Replacement Payment (paper check) mailed to home address |
