Retiring from Princeton


You can leave the University as a retiree and receive retiree benefits if you are a benefits-eligible employee and meet one of the following two conditions: 

  1. Hired on or before December 31, 2002,  and
  • are age 55 and
  • have at least 10 years of service as a benefits-eligible employee. 
  1. Hired or rehired, or became newly eligible for benefits, on or after January 1, 2003, and  
  • are at least age 55 and
  • have at least 10 years of service as a benefits-eligible employee and
  • meet the “rule of 75” where age plus service equals 75 .
For example, if you were hired after January 1, 2003, and are age 55 with 10 years of service as a benefits-eligible employee, you would have earned 65 points. This is 10 points less than the 75 points needed to receive retiree benefits. However, if you are 65 with 10 years of service as a benefits-eligible employee, you would have 75 points and would be eligible for retiree benefits. 
Your years of service do not need to be consecutive. Service on the casual hourly payroll and appointments on the visiting staffs are not counted towards the 10-year service requirement.


If you meet the University’s age and service requirements and choose to retire, you are eligible to enroll yourself and eligible dependents in retiree health (medical, dental and vision) insurance coverage provided you: 
  • enroll within 31 days from your date of retirement
  • enroll your eligible dependents at the time you enroll
  • pay your premiums on time 
Enrolling within 31 days from the date of your retirement is your only window to enroll in Princeton’s retiree medical plan. However, if you have a spouse that is still working and has employer-provided medical coverage, you can delay enrolling your spouse onto the retiree medical plan for up to five years from the date you retire. We will require proof of your spouse's other coverage at the time of your retirement. In order to enroll your spouse within the five-year window, we require proof of loss of coverage unless it is during the annual Open Enrollment period or at the end of the five-year period. Please note that, if you have eligible dependents (child, legal ward or foster child) other than a spouse and do not enroll those dependents onto your retiree medical coverage at the time you retire, you cannot enroll them at a later date. Contact the Benefits Team for additional information. 
In addition, delinquent payments or nonpayments of applicable premiums will result in the termination of your coverage.
You can count on support from knowledgeable and responsive HR staff when you have a benefits question or problem. Just call or email us. We’re here to help!
While the University intends to continue each of the benefit plans, the University reserves the right to terminate or amend any plan, at any time, and for any reason.