Getting Ready to Retire

Congratulations on your upcoming retirement!

After years of hard work, you want to make sure that the transition to the next phase of your life goes smoothly . There are many key factors to consider leading up to your official retirement date

This booklet was created to help you understand your UT insurance benefits as you make the transition to retirement One condition of UT insurance eligibility is formal retirement under the Teacher Retirement System of Texas (TRS), Employees Retirement System of Texas (ERS) or the Optional Retirement Program (ORP) .

Before you get started

You must establish your legal status as a retired employee in order to receive any UT Retired Employee insurance benefits . Retirement eligibility and eligibility for UT insurance as a retired employee are not the same Please see the appropriate contacts listed on the next page for information on how to retire under TRS, ERS or ORP.

To make sure you’re on track, keep in close contact with your HR/Benefits Office well before you plan to retire . Your institution is your main point of contact during this transition although you may need to work with other agencies to complete various steps in the process . Many institutions have special resources available to you including classes or personal appointments to make sure you make this transition successfully Institution contact information is listed at the back of this book