Plan your departure

As you plan to end your employment with the Getty, be sure to review the following information to help ensure a smooth transition to the next stage of your personal and professional journey.

Exiting checklist

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Discuss plans for your departure with your manager
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Human Resources or your manager will make arrangements for you to return all company property, including laptop computers, mobile devices, procurement cards, etc.
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Turn in ID badge and automobile hand tag to your manager, on your last day.
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Review your options for continuing benefits and contact HR to complete any necessary action steps. See the COBRA Initial Notice and 2018 COBRA Rates if applicable.
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If you’re retiring, review your retiree benefit options and make your elections.
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Please remember to inform us if you move or if your personal contact information changes. We do love hearing from our former colleagues.

Benefit options

  • Medical, dental, and vision plans — Your insurance coverage will end on the last day of the month in which you were no longer an active employee. You may have the option to continue your medical, dental and/or vision coverage through COBRA. You will pay the full premium cost of these plans, plus an administrative fee. After you have left the Getty, you will receive in the mail your COBRA continuation packet from PayFlex, with information and enrollment instructions.
  • Flexible Spending Accounts (FSA) — You may be eligible to continue to participate in the Health Care/Limited Purpose FSA, under COBRA. Additional information can be found in your COBRA notice.
  • Health Savings Account (HSA) — If you participate in an HSA, you will continue to own your account after you leave the Getty. You will not forfeit any unused balance, and you do not need to enroll in COBRA to access your HSA funds. However, your payroll contributions will end once your employment ends. If you wish, you may make after-tax contributions, up to the approved IRS limit. We recommend you consult a tax advisor concerning this.
  • Group Life & Voluntary Life Insurance — The Getty will mail you information about how you can convert the Getty Life insurance and supplemental life insurance to individual policies, after you have left the Getty.
  • Auto/Home/Pet Insurance — You may continue coverage under these plans by contacting MetLife at 800-GET-MET8 or at MetLife (enter “The J. Paul Getty Trust” for company name).
  • Pre-Paid Legal Services Plan — Coverage will terminate on your last day worked. To continue participating, you must contact Hyatt Legal Plans at 800-821-6400 within 30 days from the last day you worked.
  • Long-Term Disability Insurance — Coverage will terminate on your last day worked and cannot be converted to an individual policy.
  • Vanguard Account Balances — In addition to the above options, if you participate in the Employee Investment Program, you can roll over your vested account balance into another qualified plan through a new employer or into an Individual Retirement Account (IRA). If you have a balance of $5,000 or more, you have the option of leaving your account balance in the plan although your payroll contributions and the Getty’s matching contributions will end when your employment ends. For more information, see the Employee Investment Plan page or contact HR.
  • Defined Benefit Retirement Plan — If you participate and are vested in the Getty pension plan, you are eligible to receive a benefit at the time of your retirement. Visit the Retirement Plan page or contact HR to learn more.

Retiree benefits

If you’re retiring from the Getty, it’s important to consider your future health care needs and your benefit options — through both Medicare and the Getty.

In retirement, the Getty offers a Retiree Medical Plan or Retiree Medical Subsidy Plan. Please see the Retirees section of the website for more details.