Retirement Planning
“Don’t simply retire from something; have something to retire to.”—Harry Emerson Fosdick
Retirement should not be the end of one’s faculty life but rather a transition to a new phase of faculty life—one that in many ways can be richer and more stimulating.
Planning for Retirement
Faculty members are eligible for retirement if they are a minimum of 55 years old, have completed a minimum of 10 years of service, and if a combination of their age and duration of service equals 75. More specific information regarding eligibility for retirement and emeritus status is outlined in the Faculty Handbook (“Gray Book”).
In addition to the resources offered by the university, the Emeritus College offers numerous resources designed specially to help faculty members during the transition to retirement. These include the publication of a handout outlining the actions that should be taken in the five years preceding retirement, pre-retirement mentoring, seminars covering various aspects of life after retirement, and information about health care after retirement.
This Emeritus College brochure outlines actions that should be taken in the five years preceding retirement.
More Guides to Planning
Retirement Mentoring Program
The Emeritus College and the Faculty Staff Assistance Program have partnered to form the Retirement Mentoring Program. This program aims to assist with the anticipated lifestyle changes and to help lead to a fulfilling retirement.
If you are interested in participating in this program, please contact either the Emeritus College director or the chair of the Retirement Mentoring Committee.