Change of Status - Phased Retirement

A Change of Status - Phased Retirement form must be initiated when a faculty member enters into a phased retirement agreement. The fields that can be updated are: percent of time, total compensation, and MFK.

Starting Date of Phased Retirement:  The 12-month faculty member may enter the phased retirement period at any time and end the phased retirement period at any time.  The 9-month faculty member may not begin or end the phased period during the summer months, and must begin the phased retirement period at the beginning of an academic semester and end it at the end of an academic semester. 

If faculty have questions about benefits they should contact the Benefit Office directly with their questions or view this link of “Frequently Asked Questions”.

Helpful Hints

  • The percent time must match the signed agreement.
  • Attachments: The Request To Participate in The University of Iowa's Phased Retirement Program and final signed Phased Retirement Program Agreement must be attached to the workflow transaction form.
  • Attachment Requirements for HR transaction forms.
  • Click here for the official UI policy on phased retirement.