III. Faculty Retirement

A. Retirement Preparation

• Faculty members contemplating retirement should review the Human Resources Pre-Retirement Checklist at least six to twelve months prior to their intended retirement date.
• Provost's Office - Seminar on Retirement

B. Retirement Process HOP 2-2420

• Faculty members submit either a letter or email to their Department Chair stating their intent to retire with an effective retirement date.
  • Standard retirement dates are 5/31 or 8/31.
• The Department Chair must officially accept the retirement in writing through either an email or letter.
  • The acceptance must confirm the effective retirement date. Letters should be signed and dated.
• Copies of the retirement letter and Department Chair's acceptance should be sent to all other departments or centers where the faculty member has concurrent appointments, including courtesy or zero percent time appointments.
• More from CNS Faculty Affairs

C. Retirement Resources

UT Austin

• • Insurance & Benefits for Retired Employees
    
  • Retired Faculty-Staff Association (the first year of membership following retirement is free).
  • Privileges for Retirees
  • Contact the central HR Benefits Specialist in Human Resources (currently Edye Giordano) to discuss various issues including medical, dental, vision, life, accidental death, disability insurance; Medicare; Social Security; other insurance; Premium Sharing; UTFLEX; other paycheck adjustments, etc.

UT System

• • Retired Employee Insurance
    

  • UT CARE Medicare Plan
    

  • UT SELECT and Medicare - Retired Employees
    

  • Annual Enrollment & Resource Guide for Retired Employees
    

Federal Programs

• • Medicare Information (Medicare.gov)
    
  • Apply for Social Security benefits and enroll in Medicare Parts A & B through the Social Security Administration (ssa.gov)