The university shares the cost of the premium with the employee. Rule of 75 Retirement Normal retirement age is 65. Early retirement is possible, beginning at age 55, with a minimum of five years of service, provided that years of service plus age equal 75. Faculty and staff who retire on this basis are eligible for all university benefits provided to retirees. Retirement Program Employees who work at least 48 percent of full time are eligible.
Employees are eligible after completion of two years of employment.
Employees are eligible immediately upon employment. Employees can contribute any amount up to the maximum allowed by federal regulations. Employees pay 100 percent of the contributions. Tuition Assistance Employees who work at least 75 percent of full time are eligible. Employees are eligible after completion of six months employment.