Indiana University
Benefits Change Connection
Retirees
Please choose a benefit plan below to view instructions for making changes to the plan. To qualify as a Retiree, a former Indiana University employee must have Retiree status, according to the age and service requirements in the table below.
Benefits for IU Retirees
IU Tuition Benefit (formerly Fee Courtesy)
Conversion of Insurance Policy
Within 31 days of the date of retirement, the following plans can be converted to an individual policy.
Basic and Supplemental Life Insurance
Personal Accident Insurance (must be under age 70)
Retirement/Investment
IU Tax Deferred Account (TDA) Plan
Public Employees' Retirement Fund (PERF)
18/20 Retirement Plan
• Gainful Employment Certification form
| Retiree Status | ||
| Age at separation* | Minimum Years of Service |
* Separation from IU or employment status change that results in discontinuation of Basic Life Insurance benefits. **At ages 60, 61, 62, employees covered by the PERF retirement plan on the date of separation shall qualify with at least 15 years of IU service. The "Years of IU Service" requirement is prorated for ages that fall between those listed in the table. "Years of IU Service" means the years of full-time, appointed service at Indiana University. |
55 |
30 | |
56 |
28 | |
57 |
26 | |
58 |
24 | |
59 |
22 | |
60** |
20 | |
61** |
18 | |
62** |
16 | |
63 |
14 | |
64 |
12 | |
65 or over |
10 | |
