Announcing retirement
Human Resources recommends the following:
State retirement (TSERS) participants
- About a year before retirement the faculty member should call Human
Resources for an appointment with the faculty benefits
representative. Human Resources will provide the latest
information on retirement
benefits and help the faculty member decide the most beneficial date
for retirement.
- A faculty member who has made a definite decision to retire should
notify the department chairperson as soon as possible.
- Faculty close to retirement can benefit from attending the spring
conference sponsored by the state retirement system.
- About ninety days prior to the retirement date, the faculty member
should call Human Resources to set up an appointment to file
the appropriate retirement
applications.
Optional retirement plan (ORP) participants
- About a year before retirement the faculty member should
call Human
Resources for an appointment with the faculty
benefits
representative.
The
representative
will provide the latest information on retirement benefits and
help the faculty member decide the most beneficial date for your
retirement.
- A faculty member who has made a definite decision to retire should
notify the department chairperson as soon as possible.
- The faculty member should notify the ORP vendor(s) of the intended
retirement date. The vendor will
provide information
on benefit payment
options.
- The faculty member should notify Human Resources
to set up an appointment to discuss final salary payments and to
enroll
in
the
retirees'
group
for medical
insurance.
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