There are normally two options available for retirement: Regular and Phased.
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.
Preparing to Retire Class
Prior to your retirement, you may also want to consider attending the session on the financial considerations of Retirement. This UI "Preparing for Retirement" session is offered through the Benefits Office and UI Learning and Development.
The next session(s) will be held:
- September 2020 (session has not been scheduled yet)
Presentations from last Session:
- UI Retiree Association Presentation (pdf)
- University Benefits presentation (pdf)
- SHIIP Presentation (pdf)
- UI Health Alliance presentation (pdf)
How to Register
To register for a session, sign in to Employee Self Service with your hawkID and password:
- Select the My Career link >> Learning and Development link >> My Training link.
- Select "Enroll in Courses" button on the top menu
- Under "Find a Course", type in "Preparing for Retirement" in the "Course Title" box and select the blue button labeled "Search Courses"
- Select the blue button labeled "View Details" and continue to enroll in the session.
If you’d also like to have your spouse/partner attend, please email firstname.lastname@example.org to reserve a seat.
Early Retirement Incentive Program
From time to time, early retirement programs are approved as a tool to help the University address specific budget shortfalls.