Retirement

Retirement Planning Guide for Faculty and Staff

An employee may continue health, dental, vision and tuition benefits provided he or she meets specified years of service and age requirements.

To convert the Basic Life Insurance or the Supplemental Life Insurance plan, call ING at (800) 955-7736 to request a Life Insurance Conversion Packet or complete the Group Life Portability Application and submit it to the Benefits Division within 31 days of retirement.

To apply for conversion of the Accidental Death & Dismemberment plan, call Reliance Standard at (800) 955-7736.

Short Term and Long Term Disability coverage stops upon termination of employment.

AUTOMATIC WITHDRAWAL OF INSURANCE PREMIUMS

You may now choose to have your health, dental and vision insurance premiums automatically deducted from your bank account.

Please fill out the form located at http://www.northwestern.edu/hr/benefits/forms/AutomaticWithdrawal.pdf and mail, with a voided check, to the Benefits office. Northwestern University will then deduct your insurance premium amount, from the account you have indicated, on the 5th of each month.

Please contact Jonathan Kemler(j-kemler@northwestern.edu; 847-467-1244) for additional information.

Status of Benefit Programs Upon Retirement

Benefits for Survivors Following the Death of a Retiree

This summary is only a general, descriptive summary and is not intended to be a full explanation. For additional information, please refer to the certificates of coverage issued by sponsoring insurance companies below:

HMO Illinois Certificate of Coverage
Retiree PPO Certificate of Coverage
Unicare HMO Certificate of Coverage (available to retirees up to age 65)
Unicare HMO Certificate of Coverage Rider
Notice of Creditable Prescription Coverage