What is the criteria to be able to get/keep your medical insurance upon retirement within the Legacy "T" part of the company? Do need at least 20 years of seniority, or is there a rule 75 that needs to be looked at? Again this or the Legacy "T", (old long lines/long distance), side of the house.
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Cancel your 401k now . You may need the money.
Run the ready to retire modeling tool at benefits center, life changes, prepare for retirement to see the cost of your medical, dental, vision and life insurance benefits.
Go read the spd's something about retirement after March 2017 has some impact on some legacy T employee's where the lose something. What I saw was someone lost post 65 money to help with medicare supplement and plan d payments. Check with Benefits and HR.
Rule of 75 when I was surplused last year (legacy T union). I had 21 years of service and 60 yrs age which qualified me. I was able to retire and qualified for retiree medical benefits. However, pls check with HR onestop to confirm because I was left on the existing company plan until the end of the physical year and then had to switch and choose different retiree plan (different plan at higher cost). It may have changed since last year, hence, doublechecking with HROneStop.
I think if you are within certain threshold of the rule of 75 they will offer you medical at a reduced rate. Less than what you would pay if you were to do it on your own. If you meet the rule of 75 then Medical Benefits will be offered at a certain cost to you.
AGAIN...call benefits. This is too important to get your info from anyone but them.