Benefits

Academy Professor Title

Members of the Academy receive the title of “Academy professor.” This is a title reserved for individuals who have retired from the full-time tenured faculty of KSAS and does not carry salary. Academy professors are permitted to submit grant applications, indicating the ongoing research role of titleholders. Academy professors may simultaneously hold the title of emeritus professor. (The titles are not interchangeable. The rank of emeritus is voted by members of the “home” academic department and the Academic Council in recognition of distinguished scholarship and service to the University, but carries no expectations for participation in University affairs or continued research. Members of the Academy are expected to participate actively in the programs and activities of the Academy.)

The Academy professor title is a part-time, unpaid title. Members of the Academy, who are retired from the full-time faculty, have no teaching or service obligations to the University. If a member of the Academy and his/her respective academic department agree that the member will teach, there will be a separate agreement with the dean for that activity. Similarly, if an Academy member receives salary support under a sponsored research agreement, there will be a separate agreement with the dean for that activity.

Research Allowance

An annual research allowance is available for all active members. In FY 2012–13, the first year of the Academy’s operation, the research allowance was set at $2,000. This includes a $1,000 carry-forward option for up to two years if Academy professors want to save for a more costly research trip or additional expenses. The research allowance will be available for a maximum period of 10 years. The research fund may be used at the Academy professor’s discretion to support the purchase of books, journal subscriptions, equipment and supplies, attendance at meetings, or similar expenses incurred in connection with scholarly activities. The fund will be made available annually for as long as the individual maintains an active appointment as an Academy professor. If an Academy faculty member has not used his/her allowance to support meaningful scholarly activity for a period of two years, the allowance will terminate.

The Academy has an annual budget, which supports seminars on members’ research, inaugural lectures of the tenured faculty, special-topic seminars with visiting members, a colloquium series of visiting speakers, and co-sponsored workshops and seminars with departments.

Health Care Incentive Stipend

The Krieger School of Arts and Sciences is offering a Health Care Incentive Stipend to its tenured, full-time faculty members age 65 and above who are eligible to retire from the University with a minimum of 10 years of continuous, full-time service as of the date of retirement and who retire and join the Academy. The incentive is a cash stipend of $4,000 per year, which is designed to help close the gap between the current cost of retiree health insurance and the current cost of full-time faculty health insurance.

Purpose: The purpose of this incentive benefit is to encourage and support tenured faculty of the Krieger School of Arts and Sciences (KSAS) as they reach retirement eligibility by offering a financial incentive to voluntarily elect retirement and join the Academy at Johns Hopkins.

Eligibility: All full-time tenured faculty in KSAS ages 65 and above who are eligible to retire from the University with a minimum of 10 years of continuous, full-time service as of the date of retirement and who agree to participate as Academy professors at Hopkins are eligible for this program. Faculty members who retired before June 1, 2012, can be appointed members of the Academy, but they are not eligible for the health care incentive stipend. The stipend is separate from federal retirement benefits.

Health Care Incentive Stipend: Eligible faculty electing to participate in the program will receive a payment to help cover costs of retiree medical benefits. The amount of the Health Care Incentive is $4,000 per year, paid in a lump sum, annually, as follows: individuals who retire at ages 65–68 will receive the Health Care Incentive for up to 10 years; individuals who retire at ages 69–70 will receive the Health Care Incentive for up to five years; and individuals who retire at age 71 and above will receive the Health Care Incentive for up to three years. Payment of the stipend is conditioned upon the eligible faculty member maintaining an active appointment as an Academy professor.

Phase in: Through June 1, 2012, all faculty who are eligible for the Health Care Incentive Stipend may enroll in the maximum benefit level of up to 10 years regardless of age.

Enrollment: Individuals enrolling in the Health Care Incentive must agree to retire from their tenured positions no later than June 30 following the date of enrollment in the benefit and maintain active participation as a member of the Academy. At their earliest convenience, faculty should notify the Dean’s Office of their intent to enroll in the Health Care Incentive. Enrollment must be initiated in sufficient time that individuals retire on or before the last date of the benefit level they elect, i.e., the last day on which they are age 68 or 70, as applicable. Eligibility for the benefit will be determined based on the faculty member’s age on the date of retirement, not the date of enrollment.

Enrollment in the Academy does not affect regular retirement options. Any faculty members considering retirement should consult with the Benefits Service Center to discuss their benefits in retirement. Faculty also routinely consult department chairs and the Dean’s Office in planning for their retirement, and that will continue to be the case.

Office Space

Space permitting, we intend to provide all Academy professors with shared office space on campus. Many retired faculty members prefer to remain in their home departments, close to labs and a community based on disciplinary tradition. Office space in departments is determined by the chairs. Other Academy professors may prefer to locate in the Academy building, the renovated Greenhouse, allocated by its governing board. Members of the Academy will be able to retain their existing parking arrangements, space permitting.

Other Benefits

All Academy members have full library privileges and email.

Part-time administrative support is provided for the Academy’s functions.