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RETIREMENT BENEFITS. Human Resources - Employee Benefits Spring 2000. Payroll. OVERVIEW . Medical benefits. Notifying the retirement system. Vision and dental. Medicare. Eligibility for health insurance. Death benefit for retired state employees. Vesting. Cost. Returning to work.

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retirement benefits

RETIREMENTBENEFITS

Human Resources - Employee Benefits

Spring 2000

overview
PayrollOVERVIEW
  • Medical benefits
  • Notifying the retirement system
  • Vision and dental
  • Medicare
  • Eligibility for health insurance
  • Death benefit for retired state employees
  • Vesting
  • Cost
  • Returning to work
  • Deferring coverage
payroll

Final leave record signed and returned to Payroll

  • Retirement system
  • Final paycheck
  • Health insurance
PAYROLL
payroll1
Date of last paycheckPAYROLL
  • 5-day salary withholding (CSEA, M/C, PEF)
  • Vacation/balance of contract
  • Notify of any address changes
notifying the retirement system
New York State Employees’ and Teachers’ Retirement SystemsNOTIFYING THE RETIREMENT SYSTEM
  • At least 30 but no more than 90 days ahead of retirement date
  • ERS 518-474-7736
  • TRS 518-447-2666
notifying the retirement system1
TIAA - CREFNOTIFYING THE RETIREMENT SYSTEM
  • Can begin benefits any timeafter retirement
  • Contact TIAA for retirementapplication package1 800 842 2733
health insurance rx am i eligible
Minimum service periodHEALTH INSURANCE / RXAM I ELIGIBLE?
  • Age 55 and eligible for retirement

Age 50 during an incentive

  • Enrolled in a health insurance program on date of retirement
vesting
Must meet service but not age requirementVESTING
  • Pay full share cost
  • Loss of unused sick leave credit
slide9
Your share
  • Sick leave credit
  • Dual annuitant
  • Payments
COST
cost 2000 monthly rates
Your shareCOST2000 Monthly Rates

Individual

Family

Empire Plan

$24.84

$100.83

slide11
Your shareCOST
  • Sick leave credit

http://www.cs.state.ny.us

  • Dual annuitant
  • Payments
dependent survivors
Notify Department of Civil Service and retirement systemDEPENDENT SURVIVORS
  • 3 months extended coverage period
  • Option to continue coverage available
  • When survivor coverage ends
deferring coverage
IndefiniteDEFERRING COVERAGE
  • Sick Leave Credit increases
  • Elect prior to retirement
medical rx benefits
Coverage continues automatically
  • Empire Plan benefits administered by Civil Service
    • Employee Benefits Division
    • 1-800-833-4344
MEDICAL / RX BENEFITS
  • Will continue to receive Empire Plan Reports/updates
slide15

MEDICAL / SURGICAL BENEFITS

United HealthCare (MetLife)

1-800-942-4640

HOSPITAL BENEFITS

Blue Cross / United HealthCare

1-800-342-9815

Non-Participating Provider:

  • Annual Deductible
  • Submit Claims to UHC
  • 80% of Covered Expenses
  • (reasonable & customary)

Participating Provider:

  • Copays
  • Metropolitan Pays Doctor Directly

Hospital Inpatient / Outpatient Care

Skilled Nursing Facility

Hospice

MANAGED CARE

EMPIRE PLAN

HEALTHCALL (Benefits Management Program) 1-800-992-1213

  • - Before Maternity or Scheduled Admissions
  • - Within 48 Hours of Emergency Admission
  • - Before Having Certain Procedures

MANAGED PHYSICAL MEDICINE (MPN) 1-800-942-4640

Chiropractic Treatment and

Physical Therapy

VALUEOPTIONS

1-800-446-3995

Mental Health and

Substance Abuse Treatment

HOMECARE ADVOCACY PROGRAM (HCAP) 1-800-638-9918

Home Care Services and/or

Durable Medical Equipment/Supplies

hmo s
Benefits administered by individual HMO’sHMO’s
  • Hospital, medical, surgical and prescription coverage
  • All services provided or arranged by a primary care physician
hmo s1
Emergency coverage worldwideHMO’s
  • NYSHIP HMO’s now in Floridaand Pennsylvania
  • HMO reports
vision and dental
Options :VISION and DENTAL
  • Benefits expire
  • COBRA
  • GHI Spectrum Plus
  • UUP Vision / Dental Plans
  • CSEA Dental Plan
medicare
What is it? MEDICARE
  • Do I have to have it?
  • How to enroll
  • Contact Social Security (1-800-772-1213)
  • Medicare reimbursement
  • Expenses outside the US
  • Medicare crossover
survivor s benefit program
$3,000 death benefitSURVIVOR’S BENEFIT PROGRAM
  • TIAA-CREF members must annuitize within 90 days
  • Complete Death Benefit form
returning to work
Returning to SUNY : $17,000 in 2000RETURNING TO WORK
  • Social Security earnings limits
  • Under 65 $ 10,080 (2000)
  • Age 65 + no limit
things to consider
Letter of retirement THINGS TO CONSIDER
  • CU membership may be continued
  • Contact Aetna, TIAA-CREF, or Copeland about regular tax-deferred accounts
information from web sites
General retirement information/updates

ERS

http://www.OSC.state.ny.us/retire/

-- includes deferred compensation information --

TRS

http://www.NYSTRS.albany.ny.us

TIAA-CREF

http://www.tiaa-cref.org

INFORMATION from Web Sites
contacts
Deborah Roe

(716) 395-2126

CONTACTS

Benefits

  • Connie Davis
  • (716) 395-5135

Payroll

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