Thinking About Retirement

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Thinking About Retirement: A Checklist

  1. One to two years before your expected retirement date, meet with a PSC pension counselor and with Human Resources at your college.
  2. A year before your retirement, consider requesting a Travia Leave form from HR. If your intention is to take a spring Travia, go to HR during Thanksgiving week. If your intention is to take a fall Travia, go to HR during spring break.
  3. After you’ve submitted a Travia Leave form, meet with HR about the various other forms that need to be filed, e.g. health, pension, Medicare reimbursement, etc.
  4. When you meet with HR, ask if they have some form of “employee clearance check-list” that requires the library, building facility, or other departments to sign-off that you have returned any library books, building keys, etc.
  5. If you are 65 or older, we suggest applying for Medicare Part B three months before your Travia leave ends. Doing so will help ensure Medicare becomes your primary insurance at the time of your retirement.
  6. While on Travia, contact your retirement plan in order to fill out all the necessary forms. Keep a copy of all documents given to both HR and the retirement system and get signed receipts.
  7. If you currently have NYSUT benefits deducted from your paystub, a month before you retire, contact both NYSUT and your benefits providers to be billed directly and to discuss future automatic withholdings from your pension checks.
  8. In the weeks before you retire, obtain a college retiree I.D. card to use in the library and other university facilities (per Article 27.6 of the PSC/CUNY contract).
  9. To continue your NYSUT member benefits and to stay active with the PSC, update your status with the PSC membership department and join the Retirees Chapter.