Division Retirement Information

Employees eligible for retirement should provide the Division Benefits Team with a minimum of ninety (90) days advanced written notice and are urged to retire on the last working day of the month. This processing time is necessary for the vendor to ensure that retirement benefits may commence in a timely manner.

There is no mandatory retirement age for any Division employee. If you are planning to retire, you should discuss your intentions with your supervisor as early as possible so your department can prepare for the effects of your retirement.

Classified employees who plan to retire should refer to Section V of Board Policy 420.3, regarding possible eligibility for payment of unused, accrued sick leave upon retirement.

Upon retirement, an employee's benefits will terminate on the last day of the employee’s paid status. The employee will be required to elect all eligible retirement health and/or dental insurance elections within thirty (30) days of official retirement date. Terminating employees who meet the Benefit Eligibility Requirements to continue health/dental insurance should provide the Division Benefits Team with a minimum of ninety (90) days advanced notice of your separation from employment date, and you are urged to cease employment on the last working day of the month. 

You may continue the UA health and/or dental insurance by paying both the full premium cost under the “10-70-10 rule” if you have been insured under the plan for at least 10 continuous years prior to retirement and your age plus length of service equals at least 70. In addition to the “10-70-10 rule” to be eligible to continue UA health and/or dental insurance beyond separation from employment, eligible employees falling under the “5-65-5 rule” or older at the time of separation from employment must meet the following stipulations:

1. For the last five consecutive years been in a benefits-eligible position; and

2. For the last five consecutive years been a participant in the health plan.

Eligible retirees may only continue the Classic Plan.

 

Who to Contact

For more information on retirement, contact the Division Benefits Team at yourbenefits@uada.edu or call 501-671-2219.

CES employees who are federally benefitted and have questions about retirement should visit CESP 8-1 Federal Benefits and Retirement or contact Del Johnson at 501-671-2219 or dejohnson@uada.edu.

 

Useful Retirement Links