Browsing: Coverage after retirement

Q. I’m a retired U.S. Postal Service employee since June 2018. Currently, I still have my federal BCBS insurance plan and Medicare Part A, but no Part B. My wife, who is still working, has better insurance coverage. Is my wife’s insurance primary and my BCBS secondary because my wife is still working? Do I need Medicare Part B?

Q. I am FERS and eligible to keep my medical insurance after retirement. Do I need to enroll my husband before retirement in order for him to qualify, or can I enroll him at an open season after retirement if insurance is needed? By the same token, if he is enrolled before I retire, can I take him off my plan at open season after retirement if he no longer needs insurance?

Q. I am 54 years old and have been working for the U.S. Postal Service for 22 years as a city carrier. Am I eligible for retirement? What percentage of my pay will I be able to receive? A. No, you aren’t eligible to retire now. However, you could resign from the government and apply for a deferred annuity under the MRA+10 provision. If you did, your annuity would be reduced by 5 percent for every year (5/12 percent per month) you were under age 60. Your annuity would be based on your high-3 and years of service as a FERS employee when you left.…

Q. I am 53 years old, and I’ve worked with the U.S. Postal Service as a clerk for 31 years. I am thinking of retiring in one year. Would I be able to keep my health insurance until I’m eligible for Medicare? If I cannot, can I pay for my same policy through the Postal Service even though I am retired from it? How long would I be able to carry forward my same health plan? My main concern is my health insurance — I heard that you can pay an additional fee to keep your health insurance policy via the Postal Service.

Q. I was terminated in January 1997 for insubordination. I refused to transfer $90,000 I had the authority to transfer. I filed an appeal to MSPB. The agency changed its mind and allowed me to retire in March 1997. I was only 53 years old with 25 years of service. I received immediate federal annuity. Am I correct in assuming that I wasn’t eligible to receive immediate retirement benefits?

Q. My husband just retired under FERS. We are both federal employees. I am under FERS as well with a 31 years born 1964 plan to retire at age 56 like my spouse in 4 years and 11 months. I dropped my PPO insurance years ago when we married, and he covers me under his PPO Blue Cross Blue Shield. Before I retire, am I required to spend the last five years with my own health insurance?

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