Staff considering retirement can obtain pension estimates by accessing the retirement planner available on the UAPP website at www.uapp.ca. The following summary shows how to access the UAPP retirement planner: How to Access UAPP Statements and Retirement Planner.
Staff who are also entitled to benefits from the Public Service Pension Plan through Combined Pensionable Service, can obtain pension estimates from Alberta Pensions Services. Contact information is available at www.pspp.ca.
Staff members are eligible to retire with an immediate pension from the Universities Academic Pension Plan if they are over 55 and have accumulated 2 or more years of pensionable service. Written notification to the direct manager must be provided 4 months prior to the chosen retirement date. A retirement options package will be mailed approximately 1 to 2 months prior to the elected retirement date. More information regarding preparing for retirement and retirement process:
Staff who are also entitled to benefits from the Public Service Pension Plan through Combined Pensionable Service, will be provided with an application form for that plan approximately 2 to 3 months prior to the elected retirement date.
At retirement, group benefit coverage ceases. However, there are a number of benefits and privileges available to retired staff. Further details can be found on the following link: Management & Professional Staff Retirement Booklet.
For more information contact the Integrated Service Centre at 220-5932.