Get Application For Early Retirement - University Of Puget Sound

Completing the Application for Early Retirement at the University Of Puget Sound requires careful attention to detail to ensure all necessary information is accurately provided. This guide will assist you through each section of the application, providing clear steps for a smooth online submission process.

Follow the steps to complete your early retirement application effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your full name in the designated field to formally submit your application for early retirement benefits.
3. Specify the effective date of your early retirement by selecting either June or January of the indicated year. Ensure that the chosen date is at least 365 days from when you complete this application unless you wish to request a shortened time frame of no less than 180 days.
4. Indicate your decision regarding the Post Retirement Medical Benefits by selecting either 'to continue' or 'not to continue' participation in the University’s plan. Understand that your total compensation for early retirement will be adjusted based on your choice.
5. Select the payment method by confirming that the payment will be made in a single lump sum in either June or January, based on the effective date chosen.
6. Acknowledge your intent to retire by reading and understanding the Notification and Repayment section. Provide certification of your intention to leave the permanent full-time work force and be aware of the terms involving repayment if you return to the workforce.
7. Consider seeking financial and legal advice before finalizing your application. This step is important to ensure you understand the implications of your retirement.
8. Review the Application’s irrevocable nature. Understand that you have a seven-day period after execution to revoke the application, if necessary. Make your decision carefully.
9. Sign and print your name in the provided sections to complete the application form.
10. After filling out all required fields, save your changes, and consider downloading or printing copies for your records.

Take the next step toward your retirement by completing your application online today!