Leaving AIARC Benefits

Medical Insurance

If you are retiring or terminating your employment from your Center and you are in the Employment Classifications of full-time employee, or part-time employee, your medical insurance coverage will cease 25 days following the day you terminate employment. You may be eligible to continue your coverage under the bridging or retiree medical option. To learn more about eligibility rules, refer to information about coverage for Bridging or Retired Participants.

If you are eligible for Bridging or Retiree medical insurance and you are interested in continuing coverage, please send a signed copy of the following forms to your AIARC Coordinator. These forms can be found under Quick Links.

• IARC Insurance Plan Change Form – This form must have signed authorization from your Center.
• Tax Residency Declaration Form,
• Contact Information Separation Form

International Retirement Plan

If you are terminating employment from your Center and participating in the International Retirement Plan, you have the following options:

1. Keep your investment account in the IARC Retirement Plan
2. Make withdrawals as needed
3. Close your account by liquidating all your funds

To learn about eligibility for a penalty-free withdrawal, withdrawal procedures, and anti-money laundering (AML) requirements, please refer to the International Retirement Plan Withdrawals.

If you decide to remain in the International Retirement Plan, please keep your personal and beneficiary details up to date in your ZIO account.

U.S Retirement Plan

If you are terminating employment from your Center and participating in the U.S. Retirement Plan, you have the option to leave your retirement savings in the Plan with Vanguard. To learn about distribution options and eligibility, please refer to the Frequently Asked Questions About U.S. Retirement.

Final Payroll

Depending on your Center’s policy, AIARC may process your final month’s salary including other payments (such as unused leave, vacation pay, etc.).

The member web portal account deactivates after three months from the month of your termination from the Center, and you will no longer have access to your online pay stubs. Please download copies of your paystubs for your records before your account is deactivated.

AIARC wishes you the best in your future endeavors!