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Step 1: Review Retirement Options and Eligibility Requirements

To be eligible to retire from the University and have retiree benefits, faculty and staff must meet the University’s eligibility criteria.  See Policy 5-112: Retirement for information.

Policy 5-112: Retirement

Minimum Requirements:

  1. You must be at least age 60 or have 30 or more years of service with the University (20 or more years of service with the University working in a position that qualifies for participation in the URS Public Safety Retirement Plan); and
  2. You must have completed five years of continuous benefit-eligible service for the University immediately prior to retirement.

The University of Utah Policy also provides for early retirement and phased retirement. These options are only available to those who qualify and receive approval from their departments.  Because there are additional departmental costs with both of these types of retirement, to maintain the efficiency and financial integrity of the department, these options are subject to departmental and dean/cognizant vice president approval. Participation is not guaranteed.  Talk with your supervisor if you are interested in early or phased retirement.

Step 2: Plan and Prepare for Retirement:

Go through the retirement checklist, and follow the steps:

Step 3: Understand Changes to Your Current Benefits

Learn More About Leaving the University

Step 4: Learn About Benefits for Retired Employees

Review Retiree Benefits

 

Contact Us

  • If you plan to retire, please contact a UHRM retirement counselor at least two to three months before your retirement. The counselor will provide resources and information regarding Medicare and benefits upon retirement.
  • Retirement counselors are available by appointment virtually or in-person (Tuesdays) when they are in the office.

Enroll or make a change to your benefits

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