Summary of Benefits for Retired CSEA Members
Life Insurance: Retirees must meet eligibility requirements to continue University-paid group life insurance after retirement. Retirees must have reached at least age 62 years, completed at least ten (10) years of service and were covered on the Plan the day prior to retiring. The value of the life insurance benefit is as follows:
- Age 62- 64 1.00 x annual base salary (rounded to the nearest $1000) on the day immediately preceding retirement
- Age 65- 69 .67 x annual base salary (rounded to the nearest $1000) on the day immediately preceding retirement
- Age 70 + $5000.00
Health & Dental Insurance (CSEA): During the life of the union contract agreement between CSEA and SLU, employees who retire between ages 62 and 65, and have completed ten years of full-time service, shall be permitted to continue coverage on the comprehensive group health plan and prescription drug card program until becoming eligible for Medicare. The University will pay an amount equal to 50% of the cost of individual coverage during this period; the employee shall pay any remaining premiums. Dental insurance is available through COBRA for 18 months after retirement. Please see Human Resources for COBRA rates.
Retirement Plan: Employees are encouraged to contact TIAA directly to make retirement plan arrangements.
Bookstore Discount: 15% discount to retirees for book purchases and 10% discount on all other items. Please present SLU ID card at the time of purchase.
Fitness Center: Free membership to retirees and their spouses/domestic partners. Please see Safety & Security for a “Retiree” ID card.
Computer Email Account: Maintain network/email account by submitting an online service request to Information Technology at https://www.stlawu.edu/it/information-retirees
Access to Sporting & Cultural Events: Most events are free however, some play-off events require paid admission
Employee Recognition Ceremony: Recognized as a retiree at this annual event in April
Invitation to Special Events: Invitation to annual holiday luncheon in December