Williams College Employee Handbook

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Benefits for Early Faculty Retirees

Health and Dental Insurance

Eligible faculty whose combined age and years of service total 75, and who retire from Williams at age 58 or older may continue to participate in College health and dental insurance plans until they reach age 65 on the same basis as active employees.

If, when the early retiree reaches the age 65, his or her spouse is younger than 65, the spouse may continue coverage until he or she attains the age of 65, or for 10 years, whichever occurs first. The spouse must pay the full premium for this continued coverage.

Life Insurance

Eligible early retirees may continue basic and supplemental life insurance in force at the time of retirement until age 65. The College will continue to pay for the basic insurance of $50,000 and the early retiree will continue to pay for supplemental life insurance. At 65, supplemental coverage stops and the basic coverage reduces to $5,000. In addition, a dependent child under age twenty-three may continue participation on the same basis so long as one parent is covered by the policy.

Faculty Handbook . | . Administrative Staff Handbook . | . Support Staff Handbook