Skip to main content

Staff Voluntary Retirement Incentive Program

The 2026 Staff Voluntary Retirement Incentive (Staff VRI) program is designed to create flexibility for our organization while honoring the service and contributions of our staff. By providing a structured, voluntary pathway to retirement, the VRI helps us responsibly reduce staff headcount and align our operations with evolving needs.

Staff who meet the criteria outlined below may apply for the program. All qualified applicants (meaning those who meet the criteria listed below) will then be ranked in order of years of credited service. The incentive package will be provided to the 175 highest ranking applicants on that list. 

There are approximately 500 staff are eligible to apply for this program, with an average of 30 years of service. The cap of 175 participants allows the university to offer a meaningful benefit to those who may already be considering retirement, while reducing personnel costs and continuing to serve students, faculty, staff, and the broader community effectively.

Eligible employees will receive their notice by email before the end of the day, Monday, March 23. 

Eligibility to Apply

Regular, benefit-eligible staff on active payroll as of March 23, 2026, who are:            

  • Age 62 or older, as of April 22, 2026, and will have
  • Ten years of credited service, as of April 22, 2026

Exclusions

  • Non-paid or non-benefit-eligible staff, including individuals in temporary or casual positions
  • Employees of the Cornell Cooperative Extension Association
  • Employees whose salary is more than 25% supported by sponsored funds or federal capacity funds
  • Employees who are active retirees, or have an existing phased or other retirement agreement in place
  • Employees whose current non-renewable term appointment in a benefits-eligible position ends on or before June 30, 2026
  • Staff who are currently receiving long-term disability benefits
  • Senior leadership team

Active staff with submitted intent to retire

Employees who qualify under the eligibility terms of this program, who as of March 23 have previously submitted an intent to retire in writing and whose proposed date of retirement was March 23, 2026 to January 1, 2027 (last day worked December 31, 2026), should discuss with their supervisor if they now wish to participate in this Staff VRI program. If there is mutual agreement with your supervisor, a new retirement date may be established within the terms of this Staff VRI program.


Incentive Package

The Staff VRI package includes:

  • Six months of current base pay (as of March 23, 2026), issued as a lumpsum payment. 
  • A one-time contribution to CURP in the amount of 10 percent of 6 months of such staff member’s salary at the time of retirement.  
  • Immediate access to retiree benefit programs available to current Cornell retirees. 

Application Period

Applications for the VRI program will be accepted beginning March 23, 2026, through 11:59 p.m. April 22, 2026. If you wish to apply for the VRI program, please follow the directions on Document #2.


Documents

Application materials are being sent directly to eligible employees by email and mail. If you are eligible and have questions about documents, please contact the HR Services and Transitions Center at hrservices@cornell.edu.


Online (Zoom) Information Sessions, March/April 2026

We will be offering online presentations to review the Staff VRI program details and summarize benefits in retirement. We encourage you to review the VRI provisions and FAQs, and the “Retirement and Beyond” booklet, before attending one of these sessions. 

 

Contract College Staff

CC Retirement and Beyond Booklet 

Presentations for Contract College staff who are eligible to apply for the VRI

 

Endowed Staff

Endowed Retirement and Beyond Booklet

Presentations for Endowed staff who are eligible to apply for the VRI


Vendor Contacts

Navigating retirement planning often involves detailed questions about plan options, income projections, and accessing accumulated funds. While federal regulations ensure high standards for retirement counseling provided by all plan representatives, our participants may receive more personalized guidance when speaking directly with dedicated vendor contacts.  

Cornell-dedicated representatives are familiar with Cornell’s SUNY ORP, CURP and TDA plans and are familiar with questions Cornell participants typically ask.  Included below are also general contact numbers for NYSLRS and each provider.  We encourage you to reach out to the contacts below as you consider your retirement plan options, and as you consider whether you will apply for the Staff VRI. 

CURP (Endowed) and TDA Plan (for both Endowed and Contract College)

PROVIDERGENERAL CONTACTCORNELL-DEDICATED CONTACT
Fidelity Investments(800) 343‑0860

Ken Woods
(718) 916‑8365
kenneth.woods@fmr.com

Bill Stark
(716) 270‑7732
william.stark@fmr.com

TIAA(800) 842‑2776

Steve Smith
(866) 662‑7945
stesmith@tiaa.org

 

Contract College Plans

PROVIDERGENERAL CONTACTCORNELL-DEDICATED CONTACT
NYSLRS (NYS ERS Plan)(866) 805‑0990N/A
Fidelity Investments (SUNY ORP)(800) 343‑0860Ken Woods
(718) 916‑8365
kenneth.woods@fmr.com
TIAA (SUNY ORP)(800) 842‑2776Steve Smith
(866) 662‑7945
stesmith@tiaa.org
Corebridge Financial  (SUNY ORP)(800) 448‑2542Taylor Jaquays
(315) 992‑2379
taylor.jaquays@corebridgefinancial.com
Voya   (SUNY ORP)(800) 584‑6001Robert Laferriere
(518) 738‑0060
robert.laferriere@voyafa.com