Help with Retirement Planning

The retirement process is different for each individual. The Employee Benefits Service Center has counselors available to help you with your retirement planning. You'll want to schedule an appointment six to twelve months before you plan to retire.

Call Employee Benefits at 612-624-9090 or 1-800-756-2363, press 2, to schedule an appointment.

Medical and Dental Coverage for University Retirees

The University offers retirees the option to continue medical and dental coverage. You'll want to look into the plans available, premiums, and enrollment process.

Eligible faculty and staff who are retiring from the University of Minnesota may continue medical and dental coverage with the UPlan Retiree Group plans. This coverage is available to employees who leave the University either

• after 15 years of service from age 50 to 54; or
• after 5 years of service at age 55 or older; or
• after 30 years of service, regardless of age.

Any eligible dependents who are covered at the time of retirement — your spouse/registered same-sex domestic partner and/or dependent children — may also continue coverage when you retire.

If your spouse/same-sex domestic partner works at the University, you may be added to the coverage as a dependent. Then, when your spouse/same-sex domestic partner retires, each of you would have single retiree coverage.

If you decide not to continue coverage as a retiree, you and your dependents may never re-enroll in one of the medical or dental plans.

Other Benefits

You may continue your current group term life insurance for 18 months under COBRA. This includes basic life insurance and any additional coverage for yourself, your spouse/same-sex domestic partner, and children. You have an option to convert to an individual whole life policy at the end of the 18-month continuation period.

You are also eligible for other benefits such as Long-term Care Insurance and MEDEX Emergency Travel Assistance.

Contact Information

Employee Benefits
100 Donhowe Building
319 15th Ave. SE
Minneapolis, MN 55455
612-624-9090 or 1-800-756-2363, press 2

More on Benefits for Retirees