Change Benefits - Starting Retirement

Tags workday

Quick Reference Guide

Objective or Task

Select and submit retiree benefit elections in Workday when starting retirement.


Before You Begin

  • You are a benefits‑eligible employee retiring from the University of Louisville.
  • You have access to Workday.
  • You understand that retiree benefits are different from active employee benefits.
  • You have dependent and beneficiary information available if applicable.

Instructions

Start Retiree Benefit Enrollment

  1. From the Workday landing page, open your Workday Inbox.
  2. Locate the Benefit Change task.
  3. Select Let’s Get Started.

Enroll in Health Care Plans (Optional)

  1. On the Change Benefits page, select Enroll or Manage under each Medical, Dental, and Vision card.
  2. Review the default plans carried over from active employment.
  3. Select Select to keep coverage or Waive to drop coverage.
  4. Review dependent coverage.
    • You may keep or drop existing dependents.
    • You cannot add new dependents at retirement.
  5. Select Confirm and Continue.
  6. Select Save.

Enroll in Retiree Life Insurance (Optional)

  1. Select Enroll or Manage under the desired Insurance plan.
  2. Select the retiree life insurance plan options.
  3. If enrolling in Retiree Optional Life, first select the base coverage option.
  4. Select additional coverage amounts if desired.
  5. Complete any required health information if prompted.
  6. Select Confirm and Continue.

Add or Update Beneficiaries

  1. Add at least one Beneficiary for retiree life insurance.
  2. Enter beneficiary names and allocate percentages totaling 100 percent.
  3. Add additional beneficiaries if needed.
  4. Select Save for each insurance plan.

Review and Submit Benefits

  1. Select Review and Sign.
  2. Review selected benefits, dependents, and beneficiaries.
  3. Review the legal notice and select I Accept.
  4. Select Submit to confirm retiree benefit selections.
  5. Select View Benefits Statement to review or print your confirmation.

Outcome

Your retiree benefit elections are successfully submitted in Workday and take effect according to retiree benefit plan rules.