Retirement Timeline
Within 3 Years of Retiring
- Schedule a "Route 3: Destination in Sight" meeting via your myASRS account
Within 1 Year of Retiring
- Schedule a "Know Your Insurance" meeting via your myASRS account
- Request a personalized benefit estimate
- Review spousal consent requirement
Within 6 Months of Retiring
- Schedule a "Route 4: Next Exit: Retirement" meeting via your myASRS account
- Verify myASRS account accuracy online: complete or update your beneficiary information, address, phone number, and email address
- Gather needed information for Retirement Application:
- Retirement date
- Bank information for direct deposit (Routing Number & Account Number)
- Tax withholding allowances and exemptions
- Submit Retirement Application, federal and state tax elections via your myASRS account
- Send copy of driver license, birth certificate, or passport for your beneficiary (if electing Joint & Survivor annuity option) through a secure message via your myASRS account
- Send a copy of spousal consent waiver (if applicable) through a secure message via your myASRS account
Within 3 Months of Retiring
- Complete online ASRS Medical/Dental Insurance enrollment application via your myASRS account, if you are taking the ASRS coverages
10-14 Days After Retiring
- Verify with your employer that the Ending Payroll Verification form was submitted online to the ASRS
45-90 Days After Retiring
- Receive your first regular pension payment retroactive to your retirement date (minus any estimate payments you received and Health Insurance premiums, if applicable)
Printable version:
Retirement Checklist Timeline