Retiree Health
Retiree medical and dental insurance eligibility is based upon reaching age 55 and having completed ten years of continuous full-time employment. Retirees can remain on Ä¢¹½´«Ã½ health plans until age 65 by paying both the employee and employer premiums.
The University will make contributions to a defined contribution plan (similar to a health savings account) for full-time employees upon reaching age 45 or upon hire if already 45. The contribution will total $1,500 per year for a maximum of 20 years. The accumulated funds can be used to pay for insurance premiums and medical expenses after retiring from Ä¢¹½´«Ã½. Contributions were suspended in April 2020 due to COVID-19.
ChardSnyder, a WEX company
Retiree Health Notional Accounts
Customer Service: 800-982-7715
Section 125 Summary Plan Description (SPD)
Emeriti Retirement Health
Emeriti Ä¢¹½´«Ã½ Plan Highlights
QME Qualifications under Emeriti Reimbursement Benefit
Plan Documents
Defined Contribution & Defined Benefit Overview Bridge Summary Plan Description
Ä¢¹½´«Ã½ Notional HRA Plan Document