Retirement Planning
As a member of FT professorial, instructional and professional staff approaches his or her target date for retirement, it is important to take the time to develop a realistic retirement plan. There are a number of areas to be considered, including financial projections, Social Security payments, retirement plan options, and medical insurance options. It is often helpful to confer with other retired faculty, instructional and professional members who have faced the same issues. It is also useful to attend retirement planning meetings offered from time to time by the Office of Human Resources, TIAA-CREF representative, and other groups on campus. For an overview of the benefits ramifications at retirement, members are strongly encouraged to schedule a meeting with an Office of Human Resources staff member.
One-on-one counseling sessions with TIAA-CREF representatives can be particularly useful. These sessions are generally held each month on campus. To schedule a personal meeting with a TIAA-CREF representative call 1-800-842-2776.
You may also want to meet with the Social Security Office several months before retirement.
One-on-one counseling sessions with TIAA-CREF representatives can be particularly useful. These sessions are generally held each month on campus. To schedule a personal meeting with a TIAA-CREF representative call 1-800-842-2776.
You may also want to meet with the Social Security Office several months before retirement.