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Early Retirement Benefits. Medical, Dental, Vision, Life Insurance. Who Qualifies?. Early Retirement Between 55 and 65 years old Worked for the District for at least 10 years Disability Retirement Between 50 and 65 years old Worked for the District for at least 15 years. Medical.
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Early Retirement Benefits Medical, Dental, Vision, Life Insurance
Who Qualifies? • Early Retirement • Between 55 and 65 years old • Worked for the District for at least 10 years • Disability Retirement • Between 50 and 65 years old • Worked for the District for at least 15 years
Medical • Your early retiree medical plan is a continuation of your active medical benefits. • District paid medical benefits for the employee and spouse will terminate at the end of the month in which the employee reaches age 65.
Dental • Your District paid dental plan terminates at the end of the month in which you retire. • Both certificated and classified employees have the option of continuing their current dental coverage for 18 months through COBRA. • Certificated employees may continue their current dental coverage indefinitely at the AB528 rate.
Vision • Your District paid vision plan terminates at the end of the month in which you retire. • All employees have the option of continuing their current vision coverage for 18 months through COBRA.
Life Insurance • Your District paid life insurance plan terminates at the end of the month in which you retire. • All employees have the option of converting their life insurance to an individual policy purchased directly from Lincoln Financial. • The conversion plan is quite costly. If you are interested, please contact Lincoln Financial at 800-444-2363.
Medicare • When an early retiree or spouse becomes entitled to Medicare, the District’s plan is secondary to Medicare whether or not the individual has enrolled in Medicare. • Therefore, it is extremely important to enroll in Medicare Part A and Part B as soon as you are entitled to do so.
Contact Information • Sylvia McMillen • (714) 663-6523 • smcmillen@ggusd.us • Kim Bessey • (714) 663-6523 • kbessey@ggusd.us