Retire um empréstimo agora!
When you retire, your U-M employee benefits end on the first of the month following your retirement date. Retiree benefits for which you are eligible start on the 1st of the month following your
retirement date. Exception: if you retire on the 1st of the month, your employee benefits end and your retiree benefit start on your retirement date.Unused accrual of vacation or paid time off (PTO) will be paid to you shortly after retirement. Once you have submitted your final time sheet and your department approves it, a check will be issued to you typically within a few weeks after you have retired. This payment is not eligible for contributions for the Basic Retirement Plan although individuals subject to a collective bargaining agreement should refer to the terms of their contract.Only eligible dependents covered on our benefits at the time you retire may continue to be covered during retirement. Covered dependent children may remain on your benefits up to the end of the month in which they turn 26. No one can be added to your U-M benefits after you retire.
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