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The CARES (Coronavirus Aid, Relief, and Economic Security) Act provides employees participating in the UT Saver 403(b) Tax Sheltered Annuity (TSA) and the UT Saver 457(b) Deferred Compensation Plan (DCP) with additional loan and distribution options. |
See information specific to faculty retirement at COE: Retirement - Faculty.
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Please send suggested additions to this page and notifications about broken links to COE-HR@austin.utexas.edu.
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Frequently Asked QuestionsSee the askUS knowledge base for other frequently-asked questions. Processing a retirement in WorkdayQ: While processing a termination business process in Workday with reason of "retirement," I receive the error "This termination reason is only available for employees pre-approved for retirement."A: Either a) the prospective retiree has not yet submitted the necessary paperwork to central HR, or b) central HR has not yet processed their paperwork. Contact your Benefits and Leave Specialist about paperwork status by looking them up at HR: Find Your HR Representatives. Leave balance payoutsQ. How do I pay out leave balances upon termination of employment?A. See the Payouts at Termination or Loss of Leave Eligibility W.I.G. Q. I'm getting an error while trying to pay out a separated employee's vacation balance in Workday.A. Double-check your time type selection when paying out vacation hours. Instead of choosing the usual a. Vacation time type, be sure to select the x. Payout at Separation - Vacation time type. See step 11 of the Payouts at Termination or Loss of Leave Eligibility W.I.G. for more information. Q. I'm having other issues processing a leave balance payout.A. See Common Issues to Avoid When Processing a Payout. Access to UT systemsQ. What happens to my email after I leave the University?A. See Service Now Knowledge Base Article - What Happens to My Email When I Leave the University? |