Retirement

Whether you are just starting out on the tenure track or looking back on decades of successful research, teaching, and academic service, developing a retirement plan can ensure that your life and your life's work strike a beneficial balance for years to come.

In addition to the resources below, the School's Associate Deans for Arts and Letters, Natural Sciences, and Social Sciences are available for confidential consultations with those who are nearing retirement and wish to discuss their options.

Retirement Resources

Financial Readiness

Eligibility

Eligibility for retiree benefits for yourself and your dependents

Benefits

Tuition and other benefits, including sources of support for ongoing research and access to library resources, recreation activities and gym membership, the University credit union, University Club membership, Almanac subscription, parking permits, and PennCards
Medical benefits
Dental and vision coverage
Prescription benefits
Life insurance, long-term care insurance, and flexible spending accounts

University Retirement Transition Programs

Special Faculty Incentive Plan (July 2020)
Faculty Income Allowance Program (FIAP)
Phased Retirement (see Section A. 2.)

Emeriti Engagement

Penn Association of Senior and Emeritus Faculty (PASEF) - features faculty lectures, luncheons, and access to the community of retired faculty at Penn
PASEF on Facebook
Resources for Retired Faculty (compiled by the Office of the Provost)

From the University and School Faculty Handbooks

Retirement from the Standing Faculty in the School of Arts and Sciences (from SAS Policies and Procedures for Appointment and Promotion)
Retirement (from the University's Faculty Handbook)