
MANAGEMENT
As part of a strategic plan to create opportunities for organizational adjustments to meet future needs, ´ó·¢ has implemented a Voluntary Separation Incentive Program (VSIP), which is intended to encourage employees to voluntarily separate or retire from the University on June 30, 2025, or no later than August 31, 2025 based on institutional need and by mutual agreement, and thus receive a severance package. This program is not generated by, nor does the University anticipate, implementing layoffs in connection with the program. This is a one-time, non-precedent setting program.
Employees who voluntarily separate or retire from the University as part of the Voluntary Separation Incentive Program will be offered severance pay in accordance with the ´ó·¢ VSIP Terms and Conditions.
In exchange for voluntarily separating and executing separation agreements, which include a general release of all claims, employees (not including faculty who elect to FERP) will be paid six months' salary or a minimum of $35,000 (whichever is higher) up to a maximum cap of $100,000. Faculty who elect to FERP will receive an amount equal to 3 months salary.
The application period opens at 8:00 a.m. on April 7, 2025 and will end no later than 12:00 p.m. noon on April 18, 2025.
Completed applications will be processed on a first come, first served basis. The date and time that the employee submits the completed application is tracked in AdobeSign and will be used to determine the order in which applications are submitted.
In participating in the program, employees acknowledge that their resignation is voluntary and permanent and will be irrevocable as of the date of the execution of the first separation agreement and release. Further, the employee will be required to waive any right they may have under any applicable law, regulation, collective bargaining agreement, or policy to revoke or rescind the employee's resignation.
The 2025 VSIP Application Form must be filled out completely and signed via AdobeSign by the employee.
A separation date must be on June 30, 2025, or no later than August 31, 2025 based on institutional need and by mutual agreement. If the employee intends to retire, it is highly recommended that the employee contact CalPERS as soon as possible as retirement processing may take up to 3 or 4 months. It is the employee's responsibility to collect all pertinent information prior to submitting the application. Employees needing assistance with the VSIP application or process may contact the Office of Human Resources at vsip@csusm.edu.
The severance package will be divided into two (2) parts. Employees will receive $10,000 of the calculated severance package in exchange for signing the first separation agreement ("First Separation Agreement and Release"), which shall include a signed letter of voluntary resignation as explained above, within thirty (30) calendar days of receipt of the fully executed first separation agreement.
Employees will receive the remainder of the calculated severance package within thirty (30) calendar days of receipt of the fully executed final separation agreement ("Final Separation Agreement and Release").
NOTE: The severance package is taxable income and is to be paid through the State Payroll System. This income is not considered compensation earnable for purposes of calculating CalPERS retirement benefits. Moreover, the severance pay cannot be deferred to the following tax year nor into a defined contribution plan, defined benefit plan, brokerage account, or an annuity of any kind.
In exchange for voluntarily separating and executing separation agreements (which will include a general release of all claims), employees (not including faculty who elect to FERP) will be paid six months’ salary or $35,000 (whichever is higher) up to a maximum cap of $100,000. Faculty who elect to FERP will receive an amount equal to three months’ salary.
Severance pay is calculated using an employee’s monthly base salary (prorated for employees appointed for less than full time) at the time of separation.
If you are having technical issues accessing the form, please contact the AdobeSign team: esign@csusm.edu.
If you have questions about how to complete the application, please contact Human Resources: vsip@csusm.edu.
´ó·¢ Benefits Office | Questions regarding benefits, general retirement |
(760) 750-4418 |
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CalPERS | Retirement eligibility |
(888) 225-7377 |
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Fidelity | 403(b) Supplemental Retirement Program |
(877) 278-3699 |
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Savings Plus | 457(b) and 401(k) Supplemental Retirement Program |
(855) 616-4776 |
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Social Security Administration | Social Security questions and application process |
1-800-772-1213 |
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Medicare | Federal health insurance for retirees |
1-800-633-4227 |
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Empathia | Employee Assistance Program |
1-800-367-7474 |