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John and June Perovich Business Center
1700 Lomas Blvd. NE, Ste 1400
MSC01 1220
(505) 277-6947

 

Retirement Processing Timeline Amid COVID-19

Posted By: HR avatar

Published to Newsletter on Apr 15, 2020

blog_post_529

Are you considering retiring from UNM within the next few months? We urge you to contact hrbenefits@unm.edu as soon as possible to discuss the timeline and the process to submit your retirement application to our office.

The Educational Retirement Board (ERB) has communicated potential delays in processing retirement applications due to COVID-19 limited operations.


APPLICATION PROCESS

To avoid potential delays during this time, the NMERB Retirement Application process will require the following steps:

1. ERB: Download and complete your NMERB Retirement Application, located on this webpage: https://hr.unm.edu/retirement/erb-defined-benefit-plan

  • For employees retiring under the Alternative Retirement Plan (ARP): https://hr.unm.edu/retirement/alternative-retirement-plan


2. If you are eligible for post-retirement health benefits through VEBA, complete the applicable UNM Retiree Benefit Election Form:

  • Pre-65 Retiree Form: https://hr.unm.edu/docs/retiree/retiree-benefit-election-form-(under-65).pdf
  • Medicare-Eligible Retiree (age 65+) Form: https://hr.unm.edu/docs/retiree/retiree-benefit-election-form-(over-65).pdf
  • Not sure? Contact us.


3. Mail the original Retirement Application, UNM Retiree Benefit Election Form and a copy of either your Driver’s License, Birth Certificate, Passport or other form of Federal/State ID (only one form of ID is required) to UNM Benefits:

UNM HR Service Center

MSC01 1220

1 University of New Mexico

Albuquerque, New Mexico 87131-0001


NOTE: A copy of your beneficiary's ID is also required, if applicable. See types of acceptable ID listed above. 

Remember to keep copies for yourself.


CONTACT US

All UNM Benefits personnel are currently working remotely and are providing support during normal business hours, Monday-Friday, 8 a.m. – 5 p.m. If you have questions or concerns about the above process, please contact UNM Benefits at hrbenefits@unm.edu.


Tags: retirement



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