Total Rewards - FAQs
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- Am I automatically enrolled in the 457(b) plan upon employment?
- Are there work-hour limits for retirees who return to work at the university in a part-time position (not benefit-eligible)?
- Does eligibility for retiree insurance affect all retiree insurance benefits, or just medical plans?
- How is eligibility for retiree insurance determined for current faculty and staff?
- I will be younger than 59½ when I retire; can I continue to work for the university after retirement?
- I've heard I can only retire at certain times of the year; is that true?
- If I have sick, vacation or personal time accrued, what happens to it when I retire from the DB Plan or Hybrid Plan?
- If I meet eligibility requirements, what èßäappinsurance plans can I enroll in as a retiree?
- If I retire and return to work at less than 75% FTE, am I eligible for active employee benefits?
- If spouses or qualified sponsored adult dependents work for UM, what if one retired while eligible for ret. insurance and the other didn't?
- What Voluntary Retirement Plans are available to me?
