PRE-RETIREMENT CHECKLIST - Human Resources

Human ResourcesPRE-RETIREMENT ARRANGEMENT CHECKLISTACTION RESPONSIBILITY COMPLETED?Staff member investigates pre-retirementoptions and the impact on their superannuationentitlements with Superannuation Office (ext.9090)Staff MemberStaff member investigates pre-retirementoptions and any impact on their salary packagingarrangements with Salary Packaging Office inHuman Resources (ext. 3860)Staff MemberStaff member investigates the impact of the preretirementoptions with Human Resources withrespect to leave entitlements, this includesconfirmation and projection of accrued leave,with the view to clearing excess leave (ext. 9090)Staff MemberStaff member investigates the pre-retirement Staff Memberoptions and implications on taxation/retirementplanning. Staff may choose to seek independentfinancial advice from their own financial advisor.*** 1Staff member writes to Head Of School/Area torequest approval of pre-retirement option. Startand end dates must be included. (see PreretirementTemplate Letter 1 available fromHuman Resources, call Help Desk ext. 9090)Head of School/Area investigates implications ofthe request on staff planning and budget.Staff MemberHead of School/AreaHead of School/Area and staff member discussthe pre-retirement request.Head of School/Areaand Staff Member1*** Human Resources does not provide financial advice to staff members.1 | P a g e

Human ResourcesPRE-RETIREMENT ARRANGEMENT CHECKLISTACTION RESPONSIBILITY COMPLETED?If the pre-retirement request is approved by HRdelegation of authorityHead of School/Area confirms support of the preretirementscheme by completing thePre-retirement Application Form with the staffmember, and then the Head of School submitsthe completed form to Human Resources, alongwith a copy of the staff member’s originalwritten request attached (i.e. Template Letter 1).Head of School/AreaHR delegation ofauthorityHead of School/Area will provide a copy of thecompleted Pre-retirement Application Form tothe staff member, as confirmation of approval.If the pre-retirement request is denied:Head of School/Area will send writtenconfirmation to the staff member, and send acopy to Human Resources (See Pre-retirementTemplate Letter 2 available from HumanResources, call Help Desk ext.9090).Upon receipt of the completed Pre-retirementApplication Form, Human Resources prepares anew fixed term contract and sends it to staffmember to signStaff Member to sign fixed term contract andreturn to Human ResourcesCopies of signed contract are scanned andemailed to Superannuation Office and Head ofSchool/AreaThe new pre-retirement arrangement isimplemented in Alesco.Head of School/AreaHR delegation ofauthorityHuman ResourcesStaff MemberHuman ResourcesHuman ResourceOfficers2 | P a g e