| Summary Plan Description | ||
| Sections
at a Glance Administration |
Health
Plans At retirement, you may generally choose to continue the health plan coverage which you have had prior to your retirement. In order to be eligible for a subsidy toward the cost of your health care coverage, you must be eligible for a Formula Pension. (See "The Formula Pension") The health care subsidy for retirees is based on your years of service in the Retirement Plan and age at retirement. The subsidy schedule is reviewed periodically and may change at any time. A surviving spouse, domestic partner, and/or dependents who are eligible to receive a monthly allowance from the Plan may continue their coverage by re-enrolling in a Department health plan within 31 days of the member's death. If such surviving spouse and/or eligible dependents do not sign up at that time, they will not be eligible to enroll in a health plan at a later date. A surviving spouse who receives a monthly allowance may also be eligible for a subsidy toward the cost of his or her health plan coverage. You may change health plans only during an open enrollment period. Since the open enrollment periods are held annually, you should take into consideration, well in advance of retirement, the type of health plan coverage and medical facilities available to you upon your retirement. If you are eligible for Medicare under Social Security regulations, be sure to ask the Health Plan Office about their Health Plan Medicare subsidy. Please Note: In order for a surviving spouse, domestic partner and/or dependents to be eligible to continue health and dental coverage, they must be on the member's plan at the time of his/her death. Surviving spouses, domestic partners, and/or dependents are not eligible for the dental subsidy. You can only make changes during the annual open enrollment period. However, if you move out of your health plans service area, you have 60 days from the date you move to select another health and/or dental plan within your service area.
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| Although this document discusses the Plan in some detail, if there are any conflicts, real or apparent, between this document and the City Charter or the Plan, the terms of the Charter and the Plan will at all times be the final authority. Therefore before relying on provisions described in this document or taking any action which will affect your future welfare, you and your beneficiaries are urged to consult the Retirement Plan Office for the specific terms of the Plan in any situation. |