The University of Pennsylvania established the Faculty Income Allowance Policy to incentivize tenured members of the Standing Faculty and senior members (Associate Professor and Professor) of the Standing Faculty Clinician-Educator to relinquish tenure rights and their appointments and terminate employment. Faculty who voluntarily terminate or terminate as part of a reduction in faculty can participate if they meet eligibility requirements of the plan.
For more information on the plan and FAQs, please visit the Office of the Vice Provost for Faculty Retirement: Other Resources webpage.
Below are some additional resources for the School’s Faculty Affairs Office:
FIAP 1st and initial release agreement
FIAP 2nd and supplemental release agreement
FIAP Election Form
FIAP One Page Guide: Eligibility and Benefits Calculation Overview
FAIP One Page Guide: Reduced Effort, Taxes and Benefits
FIAP Responsibility Matrix