Summary of Benefits for Retired Faculty, Administrators, PCPSOA and Hourly Non-Union Staff
Life Insurance: Retirees must meet eligibility requirements to continue University-paid group life insurance after retirement. Retirees must have reached at least age 62 years, completed at least ten (10) years of service and were covered on the Plan the day prior to retiring. The value of the life insurance benefit is as follows:
- Age 62- 64 1.00 x annual base salary (rounded to the nearest $1000) on the day immediately preceding retirement
- Age 65- 69 .67 x annual base salary (rounded to the nearest $1000) on the day immediately preceding retirement
- Age 70 + $5000.00
Health Insurance: Available through COBRA for up to 18 months after retirement. Please see Human Resources for COBRA rates.
Dental & Vision Insurance: Available through COBRA for up to 18 months after retirement. Please see Human Resources for COBRA rates.
Retirement Plan: Faculty and Staff are encouraged to contact TIAA directly to make retirement plan arrangements.
Dependent Tuition Benefits: Dependent child benefit available the same as for active employees
Bookstore Discount: 15% discount to retirees for books purchases and 10% on other items. Please present SLU ID card at the time of purchase.
Fitness Center: Free membership to retirees and their spouses/domestic partners. Please see Safety & Security for a “Retiree” ID card.
Computer Email Account: Maintain network/email account by submitting an online service request to Information Technology at https://www.stlawu.edu/it/information-retirees
Access to Sporting & Cultural Events: Most events are free however, some play-off events require paid admission.
Employee Recognition Ceremony: Recognized as a retiree at this annual event in the spring.
Invitation to Special Events: Invitation to the campus holiday luncheon in December.