Ready to Retire

Requesting Retirement

  1. Download and follow the steps on the retiree checklist:
  2. To request regular retirement, please fill out the Regular Retirement Request Form and e-mail it to URHR@richmond.edu, copying your supervisor.

Types of Retirement

Regular Retirement - Faculty and Staff

A regular retiree of the University is an employee who has worked continuously in a full-time capacity for 10 or more years and who voluntarily leaves the University in good standing. In addition, the employee's age, plus years of service when full-time employment ceases, must be at least 75.

Regular Retirement Notice Requirement
Age + Years of Service (minimum 10 years of full-time service) = 75 and up A notification of Retirement must be sent to supervisor and Human Resources at least 2 weeks prior to retirement date. Advance notice is recommended.

Early Retirement

The University of Richmond has established early retirement plans for tenured faculty, staff, and continuing faculty as an opportunity for certain eligible employees to elect to relinquish their positions in exchange for certain benefits from the University.

For more details, including notice requirements, please see the Early Retirement Plan for Staff and Early Retirement Plan for Faculty, as well as the Early Retirement Election Form for Staff and Early Retirement Election Form for Faculty.

Staff Early Retirement Staff Notice Requirement
60 years old - 20 years of service Submit the Early Retirement Election Form to HR at least 60 days prior to retirement date
61 years old - 19 years of service Submit the Early Retirement Election Form to HR at least 60 days prior to retirement date
62 years old - 18 years of service Submit the Early Retirement Election Form to HR at least 60 days prior to retirement date
63 years old - 17 years of service Submit the Early Retirement Election Form to HR at least 60 days prior to retirement date
64 years old - 16 years of service Submit the Early Retirement Election Form to HR at least 60 days prior to retirement date

Regular & Early Retiree Benefits

About Benefits

It is possible that an employee who meets the definition of retiree may not be eligible to continue health insurance benefits. Some retirees may have additional benefits because they participate in programs, such as early retirement, or may have been hired prior to certain dates that determine eligibility.

The University retains sole discretion in determining the benefits made available under this section. Use of any of these benefits by the retiree is subject to the rules and regulations which govern the administration of the benefit.

University Benefits

For a full list of benefits, click here. For detailed information regarding retiree medical benefits, see Retired Insurance Coverage.

Retirement Gifts & Parties

All retirees receive a gift card to the SpiderShop so that they may conveniently select their retirement gift. They also receive a one-year Silver membership to the Osher Lifelong Learning Institute.

Twice a year, the University welcomes back to campus all recent retirees for a celebration of their retirement. Retirees are invited to celebrate with their managers and their guests. Employees must meet the following criteria to be eligible:

  • You are a University staff member who has worked continuously in a full-time capacity for at least ten years
  • Your age plus your years of service equals at least seventy-five
    More information can be found above.

Upcoming celebrations:

  • Spring 2022: We will celebrate staff who retire October 1, 2021 - March 31, 2022.
  • Fall 2022: We will celebrate staff who retire April 1 - September 30, 2022.

Please contact Dianne Melia at dmelia@richmond.edu with any questions.