Q. I am in the GS, age 64. I hit seven years overseas and am on the Priority Placement Program to return to the U.S. Instead, I plan to stay overseas and marry a local national. My options are to retire at 13 years’ service or to resign and take a Non-Appropriated Fund job on base to continue earning FERS coverage. I understand that next year I must enroll in Medicare Part A, although I will be overseas and unable to use it. Is there any benefit to me also enrolling in Part B if I plan to retire overseas?…
Browsing: living overseas
Q. I am planning to retire overseas (probably in Panama) and will be eligible to keep my insurance (Blue Cross Blue Shield). I understand that I will continue to pay my part of the insurance and that the federal government will continue to pay the rest. 1. Will the insurance cover me while I am living overseas? 2. What will happen when I turn 65? 3. Will all medical plans from all companies work the same way? A. If you are enrolled in an HMO, the answer in most cases is no, you won’t be covered if you are living…
Q. If after retirement (qualified for FEHB and/or Medicare coverage), I temporarily live overseas and am removed from FEHB/Medicare coverage area for a couple of years, can I suspend this coverage or am I stuck paying premiums even though I can’t use it overseas? A. No, you can’t suspend that coverage. And yes, you’d be stuck with paying the premiums for your FEHB enrollment and Medicare Part B if you elected that coverage. Part A is free because you paid for that coverage through payroll deductions. Note: To lower your FEHB premium costs, during an open season you could change…