On Retirement

We strongly recommend that all members plan for retirement. Several resources are made available to us through Harvard (see links below).

Each person's decisions about retirement have to be based on the individual's own circumstances, resources, and hopes for the future.

One option we urge you to consider is setting up a Tax-Deferred Annuity, or TDA (the non-profit version of a 401k). There is detailed information on how these work in the Retirement section of HARVie and you can sign up on-line at the Harvard University Retirement Center (links below).

If you are hoping to retire soon, you can phone the University's Benefits Services Group at 617-496-4001 to request a pension estimate and to make an appointment to discuss options.


Links

Policy and planning information
http://harvie.harvard.edu/Life_Changes/Retirement/

Retirement benefits
http://harvie.harvard.edu/Compensation_Benefits/Retirement_Benefits/
  • explanation of the Harvard retirement investment program
  • Harvard University Retirement Center (manage your funds on-line)
  • Seminars on retirement investment
  • contact with investment companies


Resources for retirees
http://harvie.harvard.edu/Employee_Community/Special_Resources/Retirees_and_HURA.html
  • Harvard University Retirees Association (HURA) (Outings and updates on resources)
  • Retiree Resources (services, discounts, and resources for retirees)
  • Harvard University retiree benefits (medical and dental coverage)
  • Harvard University Tuition Assistance Plan (TAP) (reduced tuition rates for retirees)


Employee Assistance Program (EAP)
http://harvie.harvard.edu/Work_Life_Balance/Employee_Assistance_Program/
  • Resources for consultation, counseling, and referrals


The Benefits Services Group has hosted on-line chats on the topic of retirement and the transcripts are available on-line:
http://harvie.harvard.edu/Employee_Community/Chats/Chat_Transcripts.html



If you are at least 60 years of age with at least 10 years of service, you may be able to use Released Time for Retirement-Oriented Development.
See this section of the Personnel Manual for details of the policy:
Released Time for Retirement-Oriented Develoment




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