Retirement Resources & Public Loan Forgiveness

The 4Cs wants to lift up a recent memo sent by HR Shared Services regarding retirement.

HR “is experiencing a larger than normal number of retirement applications and inquiries and expects that activity to continue through June 2022.

We encourage any employee considering retirement to join the Benefits & Retirement Specialist, Karla Desjardins, at her monthly retirement group sessions, the first Wednesday and the last Friday of every month at 1:00 PM via this link:  The next session will be Friday, October 29th at 1:00 PM.  This session will provide a general overview of the retirement process and the opportunity to ask general questions.  Please note that an individual retirement counseling session will be scheduled with you within 90 days of your retirement date.  Individual appointments will be scheduled by priority of earliest retirement dates first.

If you have made the decision to retire, please reach out to your immediate supervisor and your Campus HR Generalist to ensure we can get all the necessary service reviews completed and engage you with the right resources to ensure a smooth transition to retirement. Given the volume, you should allow HR Shared Services as much notice as possible (minimum 3 months) to ensure all the paperwork is in place.

Due to system limitations, these service audits are a manual process and very time consuming but are necessary to ensure you get the maximum service credit for your retirement. Unfortunately, given the high volume of retirements, we are unable to conduct individual service audits for employees who are not retiring within the next 3 months.  Thank you for your patience and understanding with this process.

In addition to making your supervisor aware of your intention to retire and attending a group retirement session”, we strongly encourage you to access the links to retirement resources found on our website at  

Changes to the Public Service Loan Forgiveness Program

Are you still paying off any of your college loans? Then read this article!

The Department of Education announced steps to overhaul the Public Service Loan Forgiveness program (PSLF) after receiving recommendations from SEIU and other industry advocates. PSLF forgives federal student loans for public-sector workers after 120 monthly payments. An estimated 550,000 student loan borrowers will have additional monthly payments credited towards PSLF loan forgiveness. 22,000 will be immediately eligible for loan forgiveness and 27,000 will likely be eligible for loan forgiveness after submission of employment certification.

A limited PSLF waiver period will run from now until October 31, 2022. In that time period:

  • Student loan borrowers should consolidate older bank-based loans (pre-2010 federal loans) and submit or re-submit an application to have payments made under these loan types credited towards forgiveness. 
  • Student loan borrowers who have had ineligible monthly payment or employment certification issues should re-submit a PSLF form (
  • In general, anyone with 10 years of public employment should apply or re-apply for PSLF.  
  • The Department may contact borrowers, but likely members will need to take action in order to benefit. 


  • Forbearance and deferment periods for active duty service members will be counted as eligible payments for PSLF. 
  • The Department will conduct an internal and external review of the program and review application denials. 

“This is huge news for teachers, nurses, first responders, service members and so many other public servants who have been unfairly denied promised assistance. Thank you to Secretary Cardona for cutting through the red tape and getting immediate relief to hundreds of thousands of frontline public servants nationwide. This announcement is not a permanent fix, and I am working closely with attorneys general across the country to ensure long-term reform to the Public Service Loan Forgiveness program,” said Attorney General Tong.

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