Retirement: Frequently Asked Questions

  • How is unused vacation paid out at retirement?
    Vacation will be prorated based on the amount of time earned and unused up your date of retirement and will be paid out in the final paycheck. Any negative vacation balance will be deducted from the final paycheck.

  • What group health benefits are available to retirees?
    Early Retirees
    Early retirees who fulfill the benefit eligibility requirement may continue to participate in College health insurance plan on the same basis as active employees until they reach age 65. Early retirees will be billed monthly for their premiums and can make changes to their coverage during open enrollment each year until age 65.

    If an early retiree’s spouse is age 65 or older or reaches age 65 prior to the early retiree, health coverage for the spouse ends. The spouse should enroll in Medicare Part A and B. While a supplemental health plan is not required, the College encourages spouses of retirees to review all possible options for plans in their state of residency at least 6 months prior to age 65. One option may be the supplemental health plan sponsored by the College for retirees and spouses through True North Insurance Agency, no residency restrictions apply. For more information about the College sponsored plan please contact Linda Grande at (413) 663-2384.

    Regular Retirees
    At age 65 College health insurance ends. Regular retirees should enroll in Medicare Part A and B. While a supplemental health plan is not required, the College encourages retirees to review all possible options for plans in their state of residency at least 6 months prior to age 65. One option may be the supplemental health plan sponsored by the College for retirees and spouses through True North Insurance Agency, no residency restrictions apply. For more information about the College sponsored plan please contact Linda Grande at (413) 663-2384.

  • What group dental benefits are available to retirees?
    Early Retirees
    Early retirees who fulfill the benefit eligibility requirement may continue to participate in College dental insurance plan on the same basis as active employees until they reach age 65. Early retirees will be billed monthly for their premiums and can make changes to their coverage during open enrollment each year until age 65.

    Regular Retirees
    The College group dental coverage ends at age 65, COBRA is available for 18 months after the early retiree turns 65 at full premium. More information about COBRA.

  • What happens to group health and dental benefits if my spouse is under age 65?
    When the early retiree reaches age 65 and becomes a regular retiree, if 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 and will be billed monthly for the premium.

  • What group term Life insurance benefits are provided to early and regular retirees?
    Early Retirees
    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.

    Regular Retirees
    When the early retiree reaches age 65 and becomes a regular retiree, supplemental coverage stops and the basic coverage reduces to $5,000.

  • What happens to my College mortgage at retirement?
    The mortgage will be in effect until the borrower has reached the term of the loan or leaves the College for any reason, including retirement. For more information regarding College mortgages please contact Mortgage Administrator in the Real Estate & Auxiliary Services office at (413) 597-4238.

  • Are retirees issued a Williams College ID?
    Retirees can be issued a Williams College ID card at no charge.  Retiree ID Cards are authorized by Human Resources and issued by Campus Safety and Security. The Retiree ID card is encoded with information that allows borrowing privileges in the libraries, and access to athletic and cultural events on campus. Employee spouses and qualifying dependent children are also eligible to receive an ID at a cost of $5. There is a $10 fee to replace a card.

  • What happens to my Williams email address when I retire?
    When OIT receives notice of a staff member’s pending retirement date, an email is sent to the employee and their supervisor detailing the College policies that determines what happens to computer accounts and files when people leave the College.  The email will include information on when your username and password will stop working, instructions for working with your supervisor to move job related files from your computer to another location and setting up an appropriate absence message for your email account.

    Retirees can continue to use their williams.edu email address upon request. The employee or their supervisor should complete the Williams Affiliation Request Form for Human Resources to authorize the Staff Retiree email account.