Retiree Benefits

Emeriti Faculty Benefits

  • Emeritus status is granted to selected retired faculty members upon the recommendation of the President and action by the Board of Regents. To be eligible for consideration for emeritus status, a member of the faculty with voting status must have a minimum of 15 years (or its equivalent) of service to the College before retirement.
  • Emeriti faculty younger than age 65 may participate in the Luther College health plan, paying premiums at the middle salary tier, for themselves and their families. Once the emeritus faculty member turns 65, their spouse may remain enrolled but their children would need to obtain other health insurance.
  • Emeriti faculty age 65 and older are eligible to enroll in the Humana Medicare Advantage Plan.
  • Emeriti faculty may receive a Luther College ID that grants access to the library, athletics facilities and events, and other campus facilities.
  • Emeriti faculty are invited to campus events, such as the service of dedication and holiday parties.

 

Staff Retiree Benefits

  • Staff employees who retire at age 62 or older with at least 15 years of service are designated as staff retirees.
  • Staff retirees younger than age 65 may participate in the Luther College health plan, with Luther paying 50% of the single full monthly premium and the staff retiree paying the balance.
  • Staff retirees age 65 and older are eligible to enroll in the Humana Medicare Advantage Plan
  • Staff retirees will receive a Luther College ID that grants access to the library, athletics facilities and events, and other campus facilities.
  • Staff retirees are invited to campus events, such as the service of dedication and holiday parties.

 

Faculty Pre-Planned Retirement Program

Tenured Faculty may be eligible to participate in the the Tenured Faculty Pre-Planned Retirement Program.

Please contact the Director of Human Resources at 563-387-1189 for further information or if you have questions.