Voluntary Retirement Program
June 30, 2017 VRP Separation Agreement & General Release packets are being mailed to home addresses on Monday, May 15. The packet will include the instructions below as well. Any questions should be directed to VRP2016@psu.edu.
Please sign and return the original Separation Agreement and General Release
no earlier than your termination date of June 30, 2017 and no later than July 10, 2017.
Failure to return a fully-executed agreement during the applicable time period will result in no payment of benefits under this Plan. However, your retirement date is irrevocable and your employment will end regardless of whether or not you sign the Agreement.
Your signature may be witnessed by any adult over the age of 18. The University is responsible for notarization of the Agreement. After the Separation Agreement and General Release has been signed and attested to by Susan McGarry Basso, you will be sent a copy for your records.
Please mail (regular or overnight mail must be post-marked no later than July 10, 2017) or hand-deliver the signed and witnessed original Agreement document to:
Employee Benefits Division, James M. Elliott Building, 4th Floor, University Park, PA 16802
You will receive an email confirmation upon receipt in the Employee Benefits office, as well as a final, notarized copy of the Agreement at the end of July 2017. Lump-sum incentive payments will also be issued before the end of July 2017, which will be equal to your annual base salary as of June 30, 2016.
Enrolling in the Medicare Health Plan
As a benefits-eligible, and Medicare-eligible retiree, what do I need to do to enroll in the Medicare health plan?
If you or your spouse are already or will be eligible for Medicare as of June 30, 2017, you need to contact your local Social Security office in order to make certain you complete the necessary forms via paper or online, for a July 1, 2017, effective date.
Most Social Security offices will require that the Medicare-eligible individual (you, your spouse, or both of you) to submit an Employment Verification form (#CMS-L564), that must be completed by the Employee Benefits office. If you need this form completed, please email VRP2016@psu.edu and we will complete the form on your behalf and mail it to your home address.
After you (and/or your spouse) are successfully enrolled in Medicare parts A and B, you will need to complete a Freedom Blue PPO application.
Please return the completed Freedom Blue application to: Employee Benefits Division, James M. Elliott Building, 4th Floor, University Park, PA, 16802
- Frequently Asked Questions - Updated 01/23/17
- VRP Request for Change of Health Care Form - Retirement Date 06/30/17
- Guide to Retirement
- Retiree Benefits and Programs & Privileges
- Voluntary Retirement Plan - Non-Academic Employees
- Voluntary Retirement Plan - Faculty
- Sample Separation Agreement & General Release - Updated 9/14/16
- Insurance Marketplace Information
- Highmark Individual Insurance Brochure
Instructions for Viewing Paychecks and VRP Lump-sum Payment Details
As a retiree, your access to ESSIC (Employee Self-Service Information Center) permits you to view the following Payroll information:
- Pay Check Inquiry
- Direct Deposit
- Year-to-Date Tax
- Earning Statement
- W-2 Information
The process to log-in to ESSIC remains the same as when you were actively working:
- Go to http: ohr.psu.edu/benefits
- Click on the ESSIC & Attendance tab
- Enter your username & password log-in credentials
- Authenticate as requested
Questions relating to taxes withheld from your paycheck or VRP lump-sum should be directed to Payroll at 814-865-7621
Questions relating to ESSIC log-in issues should be directed to Benefits at 814-865-1473