When you’re starting to think about retirement, there are a few steps need to take beforehand. Below are the steps they need to take to help make the retirement process a little easier on everyone.
- If you are planning on retirement in the next 5-years, please complete the attached Estimate Application, and forward the completed application to Pension Services in MWB, or by email at firstname.lastname@example.org . Pensions asks that these requests be submitted at least 3-months prior to your retirement date, but no later than 1-month prior to your retirement date. The more lead time you can provide pensions, the more smoothly this process will go.
- At least 1-month prior to your retirement date, you must also inform the department of your impending retirement. I have attached a template letter that staff can use for this. This letter must be handed in to the Supervisor, with a cc to the Manager, who will then pass on the letter to me for the departments records. Once I have this letter, I can then complete the forms that pensions need to start formally processing the retirement. Again, the more lead time the staff member provides, the smoother the process.
- Members are also encouraged to contact the Benefits department for information on continuation after retirement. Staff can send these requests to email@example.com .
For more information on this process, please visit pensions website at https://www.uvic.ca/pensions/staff-plan/during-career/index.php.
Below are the downloadable documents: