Planning for retirement today will help you meet your retirement goals for tomorrow. Whether your retirement is years away or just around the corner, it's never too early, or too late, to start planning and saving for your retirement.
To be eligible for retirement from the University at Buffalo, New York State appointed employees must meet eligibility requirements for the New York State Health Insurance Program (NYSHIP) retiree health insurance. Qualification for pension benefits alone does not satisfy these requirements.
To qualify for NYSHIP retiree health insurance, you must meet all of the criteria outlined in the NYSHIP Planning for Retirement Publication.
Benefit Services can confirm if you qualify for retirement from the university.
If you are contemplating whether or when you're going to retire, find out about retiring from UB. Get all the information you need to make important decisions. Find out what will fulfill your goals.
View the information provided in our monthly Planning for Retirement Information Session in the on-demand video.
Registration is offered through UB Edge for monthly Planning for Retirement Information Sessions.
Complete all the action items in the retirement task list before applying for retirement. Learn about these costs and procedures before you make a final retirement decision.
Once you are ready, determine your retirement date and file for retirement benefits.
Your date of retirement is the first day that you are no longer on payroll. Your letter of retirement must specify your last day on payroll and your beginning of business date of retirement.
|If You Plan To:||Then Your Retirement Date Is:|
|Work until your date of retirement||The day immedately following your last day of work (even if it is not a normal workday)|
|Use accrued time (with approval) between your last day of work and your date of retirement||The day immediately following your last day using accruals (last day on payroll)|
Talk about date options with your retirement system, financial advisor, or contact Benefit Services with questions.
It is recommended that you provide the university with your notice of retirement 45 or more days or more in advance.
Make sure you check with your retirement system to understand their filing deadlines.
Following successful submission of your notice of retirement to Benefit Services, our office will contact you with next steps.
Make sure you are working directly with your retirement system to collect your retirement income.
The State Benefit Services Team is available to answer your questions. Use our contact information below to access all team members for the fastest response.
Contact our department leaders for additional assistance.