Characteristics of Academic Year v.s. 12-Month Appointments for Tenured/Tenure Track Faculty
Characteristics of 12-month appointments:
Normally paid 75% from State funds and 25% from research funds (100% FTE)
Research funding is self-generated
If there is insufficient research funding then your FTE % is reduced
Retirement contribution by the state
Is paid on your 100% salary (which includes research funding)
If you have insufficient research funding then the contribution from the state for retirement is reduced proportionately.
Eligibility for contributions by the state for health care at retirement
If hired after 7/1/11 and in an Optional Retirement Plan:
Need 25 years of full-time service (at 100% FTE) to receive maximum individual and dependent state subsidy
If have 10 years of full time service and less than 25 years (at 100% FTE) than you receive a prorated portion of the individual state subsidy and no dependent state subsidy
Note: If you are paid at less than 100% FTE in any year due to insufficient research funding, you will receive less than one year’s credit towards the retirement health care benefit
If hired before 7/1/11, consult the State of Maryland Guide to Health Care Benefits on the UHR website for information on health care benefits at retirement
Leave: You will receive paid annual leave
Characteristics of Academic Year Appointments:
Paid 100% from state funds for 9 months (considered 100% FTE)
An election can be made to have your 9-month salary paid over 12 months
During the summer, you can have up to 1/3 of your academic year salary (summer salary) paid from self-generated research funding
If you have the maximum summer salary each year, you will make the same amount as you would with a fully funded 12-month appointment
Summer salary is not part of the calculation as to whether you have a 100% FTE
Retirement contribution by the state
Is paid on your 100% academic year salary
Summer salary is not subject to retirement contributions by the state
If you have the maximum summer salary each year, you will still receive 25% less in retirement contributions from the state than you would with a 12-month appointment
Eligibility for contributions by the state for health care at retirement
If hired after 7/1/11 and in an Optional Retirement Plan:
An academic year appointment is considered a 100% FTE for determining years of service
Need 25 years of full-time service (at 100% FTE) to receive maximum individual and dependent state subsidy
If you have 10 years of full time service and less than 25 years (at 100% FTE) than you receive prorated portion of individual state subsidy and no dependent state subsidy
Note: Normally, with an academic year appointment, you are credited with a 100% FTE each year regardless of whether you have research funding in the summer (summer salary)
If hired before 7/1/11, consult the State of Maryland Guide to Health Care Benefits found on the UHR website for information on health care benefits at retirement
