3.4.2.1 Retirement Eligibility

Printable Version

Effective Date:

1-16-80

Revision Date:

6-27-17

University Policy Statement

Eligibility for retirement from the University is based on a combination of age, years of service (YOS), and employee classification (E-Class).

The following is a list of benefits currently offered by the University for employees who retire from the University. The University requires employee contributions towards the cost of some or all of these benefits.   For a detailed description of these benefits, including the cost to you, please see the HR Forms website.

Where there is an inconsistency between the information contained in this Policy and the applicable collective bargaining agreement, the collective bargaining agreement will govern. 

  • E - Class: AC

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered for life
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • Yes
  • E - Class: AH

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS

    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered for life
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • Yes
  • E - Class: AP

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered for life
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • Yes
  • E - Class: CA

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered for life
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • Yes
  • E - Class: CP

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • COBRA
    Employee-paid Dental for TIAA Plan Participants
    • COBRA
    Life Insurance
    • $4,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • No
  • E - Class: CS

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • COBRA
    Employee-paid Dental for TIAA Plan Participants
    • COBRA
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • No
  • E - Class: FA

    EMU Retirement Benefits Eligibility
    • Age 55 w/15 YOS or Age 60 w/10 YOS

    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered for life
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • Yes
  • E - Class: FM

    EMU Retirement Benefits Eligibility
    • Age 55 w/15 YOS or Age 60 w/10 YOS

    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered to age 65
    Life Insurance
    • Age 50 w/10 YOS* $7,000

    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • No
  • E - Class: PS

    EMU Retirement Benefits Eligibility
    • Age 50 w/10 YOS
    Employee-paid Health Care for TIAA Plan Participants
    • COBRA
    Employee-paid Dental for TIAA Plan Participants
    • COBRA
    Life Insurance
    • $7,000
    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • No
  • E - Class: PE/PT

    EMU Retirement Benefits Eligibility
    • Age 55 w/15 YOS or Age 60 w/10 YOS

    Employee-paid Health Care for TIAA Plan Participants
    • Offered to age 65
    Employee-paid Dental for TIAA Plan Participants
    • Offered to age 65
    Life Insurance
    • Age 50 w/10 YOS $7,000

    Emeritus Status (nomination and approval required)
    • 15 YOS
    Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
    • No

Different eligibility criteria may apply, if retired due to medical reasons (age 40/5YOS)

There is no compulsory retirement age for any employee group.  Retirement from Eastern Michigan University affects only the benefits listed above.  It does not impact the amount of or your ability to withdraw your retirement annuity from either MPSERS or TIAA-CREF, which is determined by the terms of the plan. For information regarding the TIAA-CREF and MPSERS retirement plans contact the benefits office at 734-487-3195.

Limitations

Eastern Michigan University in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents, subject to collective bargaining obligations. Although the university has elected to provide these benefits, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefits. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university’s right to modify, amend or terminate them.

Authority for Creation and Revision


Minutes of the Board of Regents, January 16, 1980; para. .2181M.
Minutes of the Board of Regents, September 23, 1987; para. .3556M.
Minutes of the Board of Regents, February 15, 2011
Minutes of the Board of Regents, June 27, 2017


Last Review Date: October 2018


University Policy Statement

Eligibility for retirement from the University is based on a combination of age, years of service (YOS), and employee classification (E-Class).

The following is a list of benefits currently offered by the University for employees who retire from the University. The University requires employee contributions towards the cost of some or all of these benefits.   For a detailed description of these benefits, including the cost to you, please see the HR Forms website.

Where there is an inconsistency between the information contained in this Policy and the applicable collective bargaining agreement, the collective bargaining agreement will govern. 

 
No

E - Class: AC

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered for life
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • Yes

E - Class: AH

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS

Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered for life
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • Yes

E - Class: AP

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered for life
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • Yes

E - Class: CA

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered for life
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • Yes

E - Class: CP

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • COBRA
Employee-paid Dental for TIAA Plan Participants
  • COBRA
Life Insurance
  • $4,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • No

E - Class: CS

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • COBRA
Employee-paid Dental for TIAA Plan Participants
  • COBRA
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • No

E - Class: FA

EMU Retirement Benefits Eligibility
  • Age 55 w/15 YOS or Age 60 w/10 YOS

Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered for life
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • Yes

E - Class: FM

EMU Retirement Benefits Eligibility
  • Age 55 w/15 YOS or Age 60 w/10 YOS

Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered to age 65
Life Insurance
  • Age 50 w/10 YOS* $7,000

Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • No

E - Class: PS

EMU Retirement Benefits Eligibility
  • Age 50 w/10 YOS
Employee-paid Health Care for TIAA Plan Participants
  • COBRA
Employee-paid Dental for TIAA Plan Participants
  • COBRA
Life Insurance
  • $7,000
Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • No

E - Class: PE/PT

EMU Retirement Benefits Eligibility
  • Age 55 w/15 YOS or Age 60 w/10 YOS

Employee-paid Health Care for TIAA Plan Participants
  • Offered to age 65
Employee-paid Dental for TIAA Plan Participants
  • Offered to age 65
Life Insurance
  • Age 50 w/10 YOS $7,000

Emeritus Status (nomination and approval required)
  • 15 YOS
Eligible for Medi-Gap after Age 65 for TIAA Plan Participants
  • No

Different eligibility criteria may apply, if retired due to medical reasons (age 40/5YOS)

There is no compulsory retirement age for any employee group.  Retirement from Eastern Michigan University affects only the benefits listed above.  It does not impact the amount of or your ability to withdraw your retirement annuity from either MPSERS or TIAA-CREF, which is determined by the terms of the plan. For information regarding the TIAA-CREF and MPSERS retirement plans contact the benefits office at 734-487-3195.

Limitations

Eastern Michigan University in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents, subject to collective bargaining obligations. Although the university has elected to provide these benefits, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefits. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university’s right to modify, amend or terminate them.