To better serve faculty and staff who may be thinking about or preparing for retirement, the Employee Benefits Division has redesigned its “Planning To Retire” website, accessible at http://ohr.psu.edu/benefits/retirement/guide-to-retirement/ online.
The page includes all information regarding what employees need to know about retiring and the benefits available. The “Guide to Retirement” is a printable PDF of the entire section. Employees can follow the three-step retirement process; see if they meet the criteria to retire with medical benefits; determine which health plan they and their eligible dependents will be enrolled; learn how to convert optional life insurance and accidental death & dismemberment benefits to private policies; and learn what other University benefits are available.
With technology, the retirement process has been made much more efficient. Employees can contact the Employee Benefits Service Center to speak with a benefits expert via email to benefits@psu.edu or by calling 814-865-1473 from 8 a.m. to 5 p.m. Monday through Friday.