As you embark on this exciting new chapter, we want to extend our heartfelt congratulations on your retirement. Your dedication, expertise, and unwavering commitment have truly made a lasting impact on your colleagues and Taubman College. We are grateful for the years of service you have given and the legacy you leave behind.
While this farewell marks the end of one remarkable journey, we hope it will be the beginning of another filled with well-deserved rest, discovery, and new adventures. Thank you for inspiring those around you and for all that you’ve contributed!
Retirement Eligibility
Eligibility for retirement is determined by several factors, including your age, service date, appointment type, and years of service with the University. Retirement is defined as a voluntary separation from the university after meeting the applicable age and service requirements. In addition, a minimum of 10 years of eligible service is required to qualify for benefits such as health, prescription drug, dental, vision, legal, and life insurance coverage, depending on eligibility.
Complete eligibility requirements and guidance are available on the U-M HR Retirement Eligibility page. For additional information regarding retirement eligibility and service accrual, refer to SPG 201.83.
To view your estimated retirement eligibility date in Wolverine Access follow these simple steps:
- Log in to Wolverine Access with your uniqname and password.
- Select the Employee Self-Service tile.
- Select the Benefits tile.
- Select the Est. Retirement Eligibility Dt tile to view your estimated earliest retirement month and year
Planning for Retirement
The University of Michigan offers resources to help employees plan for retirement, including information on retirement eligibility, benefits, savings options, planning considerations, and key steps to take before and after retiring. Staff considering retirement are encouraged to begin planning early, review all available options, and utilize University resources to support a smooth transition. The Guide to Retirement Planning, along with additional resources available on the U-M Planning for Retirement Page, provide valuable information and support to help you prepare for a successful retirement transition.
Retirement FAQs and Definitions
If you have questions about retirement at U-M, the FAQs and definitions page is a great resource. It explains common terms and answers popular questions about retirement benefits, eligibility, health care, and other topics to help you better understand the process.
Retirement Checklist
U-M’s retirement checklist makes planning for retirement easier. It lists important steps to take and things to consider before your last day, like reviewing your benefits, updating your contact info, and submitting forms. This checklist helps ensure you don’t miss anything important.