Changes in Your Life
What happens when you retire?
Health Plan (Medical / Dental)
Upon your retirement you may be eligible for retiree medical coverage through the General Conferene Adventist Risk Management for you and your spouse. If you are not eligible for retiree medical and dental coverage, you may elect to continue your coverage under Extended Coverage for up to twelve months, unless Medicare eligible, within 14 days of your retirement date.
Life Insurance Plan
Your Life Insurance coverage will end on the last day of work and you will have 31 days to convert your insurance to an individual plan with Hartford Life. Contact the Benefits Specialist for information on how to begin the conversion process.
Flexible Spending Accounts
If enrolled in the Medical/Dental Account, your contributions will cease and you may submit claims for reimbursement of expenses incurred through your retirement date. If enrolled in a Dependent Care Account, your contributions will cease, but you may submit claims for reimbursement of expenses incurred through the end of the calendar year in which you retired.
Be sure to notify the Services Records Assistant (phone 269. 471. 3302) at least three months prior to your planned retirement date so all necessary paperwork can be completed and mailed to the General Conference.
|© 2007 Andrews University Human Resources Department|