Retiring in January? The “No Lapse in Pay” option may be for you
This past spring, UC introduced a new option for some prospective retirees: a guarantee that after retiring on July 1 they’d receive their first well-deserved retirement benefit payment on August 1. This is referred to as the “no lapse in pay” option, and it will be available once again for some faculty and staff planning to retire in January.
Learn more about who qualifies and how it works, and find answers to frequently asked questions at UCnet.benefits, retirement, systemwide