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Are you thinking about retiring from the university? Visit the Preparing to Retire page to learn about Retiree eligibility and benefits, and for a checklist to help you navigate decisions about your health and financial benefits in retirement.
IU Retiree Status Eligibility. Those with IU Retiree Status at the time of separation are entitled to certain benefits and privileges including life insurance, healthcare coverage, and the IU Tuition Benefit. To qualify for IU Retiree Status you must satisfy the below listed age and service criteria.
by the State of Illinois for members who are retired, 65 and older, AND enrolled in Medicare Part A (hospital) and Part B (medical) • Includes health, prescription and vision coverage • State MAPD: dental is available for a premium • Medicare and MAPD insurance provider work together to provide combined coverage
State of Illinois Employee Benefits Health, Dental, and Vision Insurance. Coverage continues and premiums may be paid by the State and/or member. If you are age 65 or older at retirement, contact the Social Security office 60 days prior to retirement to ensure proper coverage. For further information, please see Medicare Information. Basic Life ...
Retirement Benefit. Eligible employees must participate in the State Universities Retirement System (SURS) and must make a one-time irrevocable election among three available retirement benefit plans within six months of their date of eligibility.
Retirees under the age of 65 who are eligible for the University’s Retirement coverage will be covered by Anthem, Caremark and Delta Dental. Please visit the Health badge for more information. Retirees on Medicare
Contact IU Human Resources at or 812-856-1234 to request a 1:1 consultation to review your eligibility for IU Retiree Status, learn about the associated benefits, or discuss your options for retirement.
