Browsing: Coverage after retirement

Q. I am a CSRS employee who will retire at age 65 with 42 years of federal government service. Upon reaching age 65 when I retire, I will be eligible for Medicare.  My wife will turn 65 about six weeks after I turn 65. She does not have any health care insurance other than my Federal Employees Health Benefits plan. When I retire, I will have been enrolled in an FEHB plan for 42 years. There seem to be a lot of supplemental plans through AARP and other providers that are less expensive. Why should I keep my FEHB plan?

Q. My husband is filing for federal medical retirement and his agency may be letting him go during this process. He currently has a family plan that includes me and the kids for his health insurance. When they let him go, we may not be able to afford to keep the entire family on his health plan under COBRA. If he drops the kids and me during the COBRA period, will it affect what insurance plan he will receive once his federal medical retirement is approved?

Q. My husband retired from the federal government 10 years ago. He has had health insurance through my company for the past 23 years. I have lost my job through a reduction in force and now need to explore options for health care. Do we have any options through his retirement benefits? He is 64, I am 55 and we have two children living at home, 24 and 21.

Q. I am 52 years old with four years of federal service. My understanding is that I can leave federal service after five years of service (at age 53) and still receive a pension when I reach age 62. Is that correct? Also, I am trying to determine how many more years of service I need to keep federal health insurance after leaving the government. My understanding is that I need six more years, for a total of 10 years, at which time I will be close to age 59. If I remain with the federal government for 10 years…

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