There are normally two options available for retirement: Regular and Phased.
This site will help you know what to do, and when to do it to ensure a smooth departure.
You must be at least 55 years of age to be eligible for retiree benefits. If you leave the University any time after age 55, you are eligible for certain benefits. You must contact the Benefits Office for information. You should establish a retirement date with your department. Contact the Benefits Office at least six weeks prior to your retirement date to schedule an appointment to complete the necessary paperwork.
Phased retirement is an excellent benefit, however you must receive approval from your department and the appropriate administrative offices in order to participate. The request to enter the program may not be approved if it is deemed not to be in the best interest of the institution.
For Those Considering Retirement - Regular or Phased
Prior to your retirement, you may also want to consider attending the seminar on the financial considerations of Retirement. This seminar is offered through the Benefits Office and UI Learning and Development Designed for employees 50 and over.
The next seminar will be held:
Thursday, April 10, 2014 - 1:00pm - 5:00pm
To register for one of these sessions, sign on to your Employee Self-Service site and go to My Training. The retirement seminar is titled UI Preparing for Retirement. If you’d also like to have your spouse/partner attend, please email firstname.lastname@example.org to reserve a seat.