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
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. Complete the Resignation from State Service Form and indicate that you will be retiring. Then, submit your resignation in Workday by following these steps:
- From the Workday homepage, click on the blue cloud in the upper-right corner
- Select ‘View Profile’
- Select ‘Actions' underneath your name
- Select ‘Job Change’ and ‘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 PEBP website.
Meet With a PERS Retirement Counselor (three to six months prior to departure)
Contact the PERS office at 702-486-3900 to initiate payment for retiree benefit. A regular PERS classified employee can retire and receive retirement benefits if he or she meets the below years of service and age requirements based on their hire date:
Enrolled before 1/1/2010 | Enrolled on or after 1/1/2010 | Enrolled on or after 7/1/2015 |
---|---|---|
5 years of service and age 65 | 5 years of service and age 65 | 5 years of service and age 65 |
10 years of service and age 60 | 10 years of service and age 62 | 10 years of service and age 62 |
30 years of service and any age | 30 years of service and any age | 30 years of service and age 55 |
33.3 years of service and any age |
A police PERS classified employee can retire and receive retirement benefits if he or she meets the below years of service and age requirements based on their hire date:
Enrolled before 1/1/2010 | Enrolled on or after 1/1/2010 | Enrolled on or after 7/1/2015 |
---|---|---|
5 years of service and age 65 | 5 years of service and age 65 | 5 years of service and age 65 |
10 years of service and age 55 | 10 years of service and age 60 | 10 years of service and age 60 |
20 years of service and age 50 | 20 years of service and age 50 | 20 years of service and age 50 |
25 years of service and any age | 30 years of service and any age |
Schedule Your Offboarding Meeting (one 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 (one to six months prior to departure)
We recommend that you meet with your department Absent Support to ensure that all of your time off requests are correct in Workday. You are entitled to payment for time off and depending on your years of service, you will be eligible to receive payout for unused sick leave. For unused annual leave and depending on your years of service, you will be eligible to receive payout for unused sick leave.
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 UNLV 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