Williams College Employee Handbook
There is no mandatory staff retirement age. Those considering retirement should contact the Benefits Office in Human Resources to discuss benefit-related issues. Planning for retirement should take place as soon as possible. It is an important decision and should be made with as much information as possible. It can also take time to set in motion.
A retiree is determined based on a combination of a minimum age and minimum number of years of service. The following are the criteria for retirement:
- Minimum age of 58
- Ten years or more of service
- Total combination of age and years of service equaling at least 75.
Benefit eligibility: Fully benefitted staff whose combined age and years of service total 75 and who retire from Williams at age 58 or older may continue to participate in the same health, dental, life and tuition grant benefits on the same basis as active employee until age 65.
Upon reaching age 65, health, dental and supplemental life insurance ends. Basic life insurance reduces to $5,000 and the retiree is eligible for the retiree health benefit. When the early retiree reaches age 65, if the spouse is younger than 65, the spouse may continue coverage until s/he attains age 65, or for ten (10) years, whichever comes first. The spouse will be billed for the full premium for this continued coverage.
Other privileges for retirees: A retiree and his or her spouse and dependents are eligible for an ID, allowing them to continue the same privileges regarding library resources, athletic facilities and access to campus events as active employees.