FAQ: The Retirement Process
The Retirement Process
UCRP is a traditional pension plan, providing a predictable level of income when you retire. Your retirement benefit is based on your age, your years of UC service, and your highest average 36 consecutive months of pay.
Who is eligible to retire?
The University of California Retirement Plan (UCRP) consists of three tiers, best explained on the University of California retirement website.
When should one start planning for retirement?
It is never too early (or too late) to start planning for retirement. Decades before retirement, the decisions made, or not made, will have a significant impact on the ability to retire with a desirable lifestyle. Those within five years of retirement are encouraged to take the Retiree Center's "Transitioning to Retirement" classes, offered each winter quarter.
What steps should employees take if they want to retire in the foreseeable future?
Please visit the Retiree Center’s Planning for Retirement page, which provides a variety of links and resources to assist with retirement preparations.
Those who wish to explore options for volunteer or work in retirement can schedule an appointment with a career counselor at Staff Development & Professional Services (SDPS). These appointments are free and confidential. Appointments can be scheduled on an annual basis as plans are refined.
Ninety days prior to ones' effective date of retirement, employees will need to contact the Retirement Administration Service Center (RASC), from which they will receive information regarding retirement options.
RASC: (800) 888-8267, M-F; 8:30 to 4:30 Pacific time
Frequently Asked Questions