Planning for Retirement State Retiree Health Benefits Program Coverage Options

Retiree Benefits: If you are eligible and elect retiree benefits, your retiree medical, dental, and life insurance coverage will begin the first day of the month following the

It is important to understand your Plan Sponsor’s eligibility policies, and the possible impact to your retiree health care coverage options and other retirement benefits

The combination of the erosion of retiree health benefits and the fact that the Medicare program is facing a financing crisis means that many future retirees will pay a greater

• Only employees with vested retiree health benefits from former employer can waive coverage and contributions Vested in retiree health benefits after 15 years of actual

is important to understand your plan sponsor’s eligibility policies, and the possible impact to your retiree health care coverage options and other retirement benefits

Someone who is subject to the Retiree Health Fund contribution and is retiring from state service after qualifying for retiree coverage and without having paid into the Retiree

o The Aon Retiree Health Exchange will provide coverage for every Medicare- eligible retiree and dependent (not including those on Medicare Disability benefits under age

One of the easiest ways to reduce the unfunded liability of the Retiree Health Benefit Fund would be for the State Health Plan to require all Medicare-eligible retirees to enroll