Pending final approval by the Board of Trustees, the University of North Alabama (“University” or “UNA”) is offering a special voluntary retirement incentive program (sometimes herein the “SVRI” or the “SVRI Program”) to all eligible University employees who voluntarily separate from service and begin retirement on June 1, 2023 or July 1, 2023.

The SVRI is being offered to help the University reduce salary and wage benefit costs and to capture the bulk of these savings during fiscal years 2024 and 2025.  Following voluntary separation and retirement from UNA, SVRI participants will receive a lump-sum incentive payment, in addition to all other benefits afforded to University retirees.

SVRI applications will be accepted for a limited period of time, starting Monday, January 9, 2023 at 8:00 am and ending on Wednesday, February 15, 2023 at 4:30 pm.  For those choosing to participate in the program, their last day of employment at UNA would be either May 31, 2023 (with an effective retirement date of June 1, 2023) or June 30, 2023 (with an effective retirement date of July 1, 2023).

Please utilize the links below for additional information and send any questions to svri@zo23.com.

TENTATIVE SPECIAL VOLUNTARY RETIREMENT INCENTIVE PROGRAM SUMMARY - 2023

TENTATIVE SVRI TIMELINE AND DEADLINES - 2023

TRS LINK FOR MEMBER HANDBOOK