III. Date of Separation

To participate in the Plan, an Eligible Employee must agree to separate from University service.  Eligible Employees making an election under this Plan must end employment with the University on a date from May 31, 2021 through August 31, 2021, or such alternative separation date as determined by the University in accordance with the terms of this Plan  

Following separation from service with the University, an Eligible Employee is free to accept full or part-time employment with any other employer.  There is no requirement that an Eligible Employee commence pension benefits under the State Teachers Retirement System, the Ohio Public Employee Retirement System, or the Alternative Retirement Plan.