- Retirement - Rights and Privileges of Retired Faculty Members - Faculty Handbook Policy II.E.9. Link to the Provost website.
Faculty Income Allowance Program
The Faculty Income Allowance Program (FIAP) is a program designed to recognize the service that certain senior faculty members (tenured members of the Standing Faculty and Associate Professor or Professor of the Standing Faculty-Clinician Educator) have performed for the University and to provide supplemental income for those faculty members when they terminate employment (as defined in the policy) under the terms of the Plan.
To find out more about Penn’s FIAP refer to:
- Faculty Income Allowance Program Policy Booklet (effective 07/01/2020)
- Revised Faculty Income Allowance Policy Booklet (effective 07/01/2023)
- Revised Faculty Income Allowance Policy FAQ
Emeritus status can be conferred upon professors and associate professors in the Standing Faculty and upon Standing Faculty clinician-educators at the time of their retirement. A faculty member may continue to use the title Professor or may choose to use the title “Professor Emeritus/a”. The election of which title to use should be made at the time of retirement and a representative of the faculty member’s department so notified.
*Faculty member should note their intention to use the emeritus designation in their retirement letter or email.