UNM RETIREES BENEFITS Below is a list and description of the UNM Benefits currently available to retirees. Please refer to the contact information for each benefit or the UNM Benefits office at 277-MYHR for additional information. All retirees must have an updated Retiree Lobo card if they want to utilize the full range of benefits available. If the retiree Lobo card does not have a swipe on the back, some benefits may not be accessible. To get an updated card, bring the old Lobo card to the Lobo Card Office when notified at the end of the calendar year and it will be replaced free of charge The Lobo Card office is located on the plaza level of the Student Union (SUB) building. RETIREE DESCRIPTION OF BENEFIT CONTACT INFORMATION BENEFIT ERB Retirement Pension Defined Benefit Plan where the retirement benefit is calculated ERB Office (505-888-1560 Plan based on years of service, salary, and age*: UNM Benefits Office (277-6947) “Rule of 75”= Age +Earned Service Credits OR “25 and out”= Earned Service Credits and/or allowed service totals 25 years OR Age of 65= at least 65 with at least 5 years of service *Subject to reduction if under the age of 60 and accumulated earned service is less than 25 years Alternative Retirement Defined Contribution Plan available to select UNM Faculty and Plan Professional titles* where the retirement benefit is calculated based on contributions made into the program. UNM Benefits Office (277-6947) TIAA-CREF VALIC *Contact the UNM HR office a complete list of eligible titles Medical Insurance Available to retirees who satisfy the following criteria: Can provide proof of coverage by a local group health insurance policy for at least four of the last five years LOVELACE before retirement. Have completed a minimum of 5 consecutive years of UNM Benefits Office (277-6947) PRESBYSTERIAN service with UNM Were enrolled in one of the UNM Healthcare plans for the AARP last 12 months of employment UNM pays 43% of premium cost at age 65, based on plan selected by retiree and spouse* Under 65: Same insurance program as active employee-no change in premium payment Over 65: Must select a Senior plan from a choice of Lovelace, Presbyterian, or AARP Will be reviewed on an annual basis and may be subject to change. *For Spouses who participated in a retiree’s coverage and the retiree predeceases the spouse, UNM will continue to pay the same premium rates that applied at the time of the retiree’s death for one year after the death of UNM Retiree. Thereafter the Widow pays 100% of the premium. Dental Insurance Available to retirees who satisfy the following criteria: UNM Benefits Office (277-6947) Can provide proof of coverage by a local group health insurance policy for at least four of the last five years DELTA DENTAL before retirement. Have completed a minimum of 5 consecutive years of service with UNM Were enrolled in one of the UNM Dental plans for the last 12 months of employment UNM pays 43% of a slightly higher premium cost, based on plan selected by retiree and spouse *For Spouses who participated in a retiree’s coverage and the retiree predeceases the spouse, UNM will continue to pay the same premium rates that applied at the time of the retiree’s death for one year after the death of UNM Retiree. Thereafter the Widow pays 100% of the premium Life Insurance Available to retirees who satisfy the following criteria: UNM Benefits Office (277-6947) Were enrolled in the life insurance plan at least 12 months prior to retirement CIGNA Meet the eligibility guidelines for an ERB or ARP retirement benefit Under 65: Same level as coverage you had as an active Employee At/Over 65: Coverage decreases to a $4000.00 benefit Additional insurance available if elected prior to turning 65 for an additional cost. Contact the UNM Benefits office for details. Spousal/Dependent Coverage: Spousal and dependent life insurance coverage terminates at retirement Long-Term Care $2000.00 of monthly coverage for 3 years. Available to retirees who UNM Benefits Office (277-6947) Insurance satisfy the following criteria: Were enrolled as of the time of retirement. UNUM Worked full time (1.0 FTE) Premiums must be paid 100% by the retiree upon retirement Athletic Events 50% Discount on the cost of season tickets for retiree and spouse*: UNM Athletic Ticket Office (925- Discounted Tickets NM football season 5626) Men’s and women’s basketball season tickets Limited to two tickets. *Widows eligible for benefit. Popejoy Hall Ovation 50% Discount on the cost of season tickets of shows identified by Popejoy Hall ( 277-4569) Series Discounted Popejoy as Ovation Series* Tickets Limited to two tickets. *Widows eligible for benefit. UNM Fine Arts College 10% Discount on event tickets for retirees and spouse. Fine Arts Box Office (277-4569) sponsored events. Durango Mountain Coupons for discounted tickets are available at UNM Benefits office. UNM Benefits Office (277-6947) Resort Ski Tickets Disney Land Enrollment in the Disney Club for a year of discounted UNM Benefits Office (277-6947) rates One-time discounted tickets Cliffs Amusement Park Coupons for discounted tickets are available at UNM Benefits office. UNM Benefits Office (277-6947) UNM Retirees are eligible for a yearly vehicle parking permit at a reduced rate* allowing parking in any space not designated for Campus Parking handicapped or in a metered or restricted space. A restricted space is Parking & Transportation Services defined as a fire zone (red curbs), safety zone (yellow curbs), official (277-1938) vehicle zones, service vehicle zones, loading zones and reserved parking spaces. *Parking fee is capped at a rate of $129 until the 2010-2011 year. **Vehicles displaying a handicapped placard may park in any space without payment, except for restricted spaces. On-Campus Office space Emeritus retired faculty may be provided office space in their Various Departmental offices respective departments, depending availability. UNM Bookstore 20% discount on General Books ONLY with the presentation of a UNM Bookstore (277-5451) Purchase Lobo Retiree card*. *Previously discounted merchandise excluded. UNM Tuition Remission Covers the cost of tuition for an unlimited number of courses, Continuing Education (277-2527) including Continuing Education courses. Continuing Education courses-Retirees must present the Lobo Retiree Card at the time of signup/registration. Restrictions include: Same-Day Field Trips-covered to a maximum cost of $65.00. Overnight trips-The average cost of the instructional portion of the program will be covered under tuition remission to a maximum amount of $50. Participant pays additional costs of the trip such as lodging, meals, etc. International trips-If trip is offered for academic credit, the academic credit portion will be itemized and covered under tuition remission Spouse/Domestic Partner-If the retiree does not use any portion of the tuition remission benefit, the spouse or domestic partner may take ONE academic credit course per semester, not to exceed four credit hours. Spouses are not eligible for Continuing Education courses. Dependent Education-Dependents may continue on the Dependent Education program if the dependent was enrolled at the time of retirement. Dependents are eligible for a total of 8 semesters including all semesters before and after the retirement date of the retiree. Custom Training-Some custom-training services are available, including “one-on-one” instruction. Contact custom training consultant at 277-6034 CNM Emeritus Academy UNM Retirees may enroll. CNM Emeritus Academy offers many Emeritus Academy short-term, non-credit workshops in a variety of subject areas. (224-5526) UNM Alumni Retirees may participate in Alumni Association travel. Alumni Office (277-5808) Association Sponsored Travel Exercise Facilities Retirees may use swimming, gym, weight room, handball, Leisure Services (277-4347) racquetball, tennis, equipment rental, and jogging paths on the campus and participate in UNM organized group activities. Lockers may be rented on an available basis. Community Fitness Retirees may obtain a free or discounted membership at Defined UNM Benefits Office (277-6947) Center Membership Fitness and NM Sports and Wellness facilities. Check your insurance for covered memberships. Legal Services Retirees may access the College of Law Clinical Law Program, if College of Law (277-6236) certain financial guidelines are met. Library Services UNM Retirees maintain all library privileges. Present your Lobo Libraries (277-2003) Card with “Banner I.D. Number.” For access to “on-line” services, access must be made from on- campus or branch locations. Computer Services Retirees may use the CIRT computer facilities including access to ITS (277-8140) the network and e-mail. Must have a user account. Passwords must be changed at least every six months. Museum Stores Retirees receive a 10% discount on all Maxwell Museum gift shop Maxwell Museum (277-4405) purchases. UNM Recreational Retirees get access to all programs at the same cost as an active UNM Recreational Services (277- Services UNM employee. 3739) Faculty-Staff Directory Retirees may have name listed in Faculty-Staff Directory. ITS (277-8140) UNM EHPP (Employee $40.00 per semester-classes only*. UNM EHPP (277-4460) Health Promotion Program) *Does not include Locker Rental at Johnson Gym Emeritus Faculty may have reserved seats at Commencement and, Commencement with appropriate dress, may be seated with faculty. Various Departments Student Health Center Student Health Center Flu and Travel immunizations are available for a fee (277-3136) Counseling, Assistance and Referral Services Three free counseling sessions are available on request. UNM Benefits Office (277-6947) (CARS) UNM Golf Courses Discounts for faculty and staff and for seniors over 60. UNM Benefits Office (277-6947) UNM Today Campus News Available online at: www.unm.edu/news/UNMToday/Issues.htm Faculty-Staff Club Retirees are eligible for membership for a fee. Faculty-Staff Club (277-0045) UNM Press 20% discount for books at the UNM Press. UNM Press (277-5920) UNM Retiree Retirees are eligible for membership and may participate in all (277-2337) Association programs sponsored by the Association. www.retassoc.unm.edu UNM Lobo Tennis Club Discounted Membership fees available with a Lobo Card. Non- UNM membership fees are shown in parentheses. A. Family Membership Available to 2 adults and all unmarried children under 21 living at home. Monthly Dues: $52 ($62) Annual Dues: $90 ($115) B. Couples Membership: Available to 2 adults living in same domicile. Contact: Kathy Kolankiewicz Monthly Dues: $47 ($54) (925-5780) Annual Dues: $78 ($105) C. Individual Membership: Available to an individual over 18. Monthly Dues $37 ($42) Annual Dues $63 ($78) Benefits will be reviewed periodically and may be subject to change. Please refer to the contact numbers listed for questions.
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