Applying to Retire
Applying to Retire
Retirement Process for All Pension Systems
Please note that this process should begin between 4-6 months before your retirement date.
- PERS, PFRS, and TPAF members must complete an online application. You must have established a Members Benefits Online System (MBOS) account.
- ABP members should contact their vendor representative, complete a Retirement Allowance Application, and return the completed form to HR. Vendor Contact Information can be found here.
- Contact Payroll Services to obtain your vacation leave balance. Vacation and compensatory time should be used prior to your separation date. Not applicable for Faculty members.
- If you or anyone who will be covered by your NJ State Retiree Health Benefits is eligible for Medicare, they must have Part A and B established when you transition into the retiree health benefits program. Accordingly, if you wish to sign up for Parts A and/or B, you may apply online at Ssa.gov or call Social Security at 1-(800)-772-1213 to sign up by phone or make an appointment with your local Social Security office.
- Submit the Voluntary Separation Form via Self-Service Banner and upload a written letter of retirement. This letter must be received by Human Resources before the certification of your service and final salary.
Retirement Information
PERS Retirement Information
- NJDPB Online Guide to Retirement
- How to Apply for Retirement
- PERS Application for Retirement (online via MBOS)
- Health Benefits Information for Retirees - State Health Benefits Program
ABP Retirement Information
- ABP Retirement Application
- Health Benefits Information for Retirees - State Health Benefits Program
- Vendor Contact Information - Contact your investment company immediately to start the retirement process and minimum distribution requirements
PFRS Retirement Information
- NJDPB Online Guide to Retirement
- How to Apply for Retirement
- Health Benefits Information for Retirees - State Health Benefits Program
Returning to Work After Retirement
If you are considering working after retirement, you should be aware of the restrictions imposed by laws
and regulations regarding post-retirement employment. Please review the Employment After Retirement Restrictions here and complete the Notification of Employment after Retirement form prior to returning to Rowan University.
Questions regarding employment after retirement can be directed to Jillian Itri at itri@rowan.edu or ext. 53365.
Retirement Seminars
The Division of Pensions and Benefits has scheduled upcoming Retirement Seminar dates for members of the Public Employee's Retirement System (PERS), Teacher's Pension and Annuity Fund (TPAF), or Police and Firemen's Retirement System (PFRS). Both in-person Seminars and live online webinars are available.Designed for employees who are planning for retirement, retirement seminars and webinars provide a step-by-step look at the retirement process. We explain retirement benefits, beneficiary options, group life insurance, and how to submit the retirement application online using MBOS. Retirement eligibility, purchase, loan repayment provisions and the taxability of pension are explained along with a brief discussion of State Health Benefits Program and School Employee's Health Benefits Program coverage in retirement. Seminars conclude with a question and answer period; Webinar attendees are able to submit questions for individualized answers.
Please check out the State of New Jersey's web site regularly for newly added seminar/webinar dates and/or locations http://www.state.nj.us/treasury/pensions/member-training.shtml