Health Insurance Benefits

The retiree health insurance plan for retirees under age 65 is the same coverage that is available as an active employee and will continue to be your primary insurance until you qualify for Medicare (generally age 65). Your retiree insurance package in retirement includes:

  • Medical (choice of plan)
  • Dental
  • Vision
  • Prescription
  • Health reimbursement arrangement account (HRA)
  • Term life insurance policy - $7,500
Retiring from 51³Ô¹ÏºÚÁÏ under 65 Checklist

Steps to Retire

Discuss your Retirement (one to six months prior to departure)

Talk to your supervisor about your retirement and select an effective date for your separation. Submit a letter of resignation to your supervisor and indicate the date that you will be retiring. To submit your resignation in Workday:

  • From the Workday homepage, click on the blue cloud in the upper-right corner
  • Select ‘View Profile’
  • Select ‘Actions' underneath your name
  • Click on ‘Job Change’ and select ‘Resign’
  • Complete prompts and select Worker Resignation > Resignation > Retirement
  • Upload resignation form

Make Arrangements for Health Insurance (three to six months prior to departure)

For further information, refer to the .

Meet With a TIAA Retirement Counselor (three to six months prior to departure)

Meet with a retirement counselor from the TIAA office at least six months before your intended retirement date. To schedule an appointment, call 800-842-2252 or schedule a . Participants are eligible to withdraw funds from the plan if they:

  • Separate employment
  • Are age 62 - even if you are still employed
  • Beneficiaries can withdraw funds if employee passes away

Schedule Your Offboarding Meeting (three to six months prior to departure)

Email offboarding@unlv.edu to notify HR that you plan to retire and schedule an offboarding appointment. The benefits representative will discuss options available to you for continuation of benefits, retirement accounts, continuation of voluntary insurance policies, etc.

Discuss Your Time Off (three to six months prior to departure)

We recommend that you meet with your department leave-keeper to ensure that all of your time off requests are correct in Workday. If you are on an ‘A’ contract, you are entitled to payment for unused annual leave. If you are on a ‘B’ contract, you are not eligible for payment.

Return Department Property (last week prior to departure)

Return department property, including office keys, access cards, or department credit cards.

Settle Any Outstanding Debt Owed to the University (two to four weeks prior to departure)

Debts can include, but are not limited to, library fines and parking citations.

Update Workday (last week prior to departure)

  • Complete any outstanding Inbox items
  • Update your contact information, including your email address. Your 51³Ô¹ÏºÚÁÏ email will end on your last day of employment
    • Click on ‘View Profile’ in the upper-right corner in Workday
    • Click on ‘Actions’ and ‘Personal Data’
    • Select ‘Edit Personal Information’
    • Select ‘Change Contact Information’, make changes, and ‘Submit’
    • Ensure any delegations are removed