Phased retirement provides eligible employees the ability "to make an orderly transition to retirement through part-time service." In lay terms, phased retirement is a way to retire gradually.

Below you will find basic information on Phased Retirement and more detailed information for faculty, staff and departments.

Am I eligible for phased retirement, and how will it affect my benefits?

This is the most common question we get asked about Phased Retirement. Administrative Regulation (AR) 3:2 contains details on eligibility and impact on benefits. Click here for AR 3:2.

If you have reviewed AR 3:2 and still have questions about your eligibility for Phased Retirement please contact one of your UK Retirement Officers in Benefits. Call 257-9519, option 3 and ask for a Retirement Officer or email retirement@uky.edu.

Phased retirement forms

Form for Faculty

Form for Staff

Phased retirement procedure

The following steps should be copmletd after an employee has verified their eligibility for phased retirement.

  • The employee completes the first page of the Phased Retirement Agreement and sends the form to a UK Retirement Officer.
  • A UK Retirement Officer signs the first page of the Phased Retirement Agreement, verifying eligibility, and sends the form back to employee and appropriate department administrator.
  • The employee signs page two of the Phased Retirement Agreement and obtains required signatures.
  • The appropriate Educational Unit Administrator and Chair, Dean or Director should approve the agreement and forward to the Provost’s office or Executive Vice President for approval.
  • The employee, or department administrator, returns the form to a UK Retirement Officer after the first three signatures on page two have been obtained.
  • A UK Retirement Officer will coordinate the signature for the Vice President of Human Resources and then send a copy of the agreement to the department administrator and employee.
  • Department administrator will enter the Phased Retirement Action in SAP.

Department resources

Please click here for instructions to enter the Phased Retirement Action is SAP.