Can we continue our health insurance into retirement even with a reduced annuity?

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Retirement

I’m eligible to retire with an immediate annuity under FERS with the MRA +10 option. Doing this I would need take a reduced annuity. Are we able to continue our health insurance from the date we retire when we have elected to take a reduced annuity?

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Posted by KTM (Questions: 1, Answers: 0)

Asked on December 1, 2017 12:42 am

1179 views

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Private answer

If anyone retires on an immediate annuity, be it voluntary, early voluntary, discontinued service, disability, or MRA+10 (either immediate or postponed) and has had FEHB 5 years prior to retirement, they would be eligible to continue FEHB into retirement at the same rate as current employees pay.

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Posted by Elaine Lumsden (Questions: 0, Answers: 323)

Answered on December 1, 2017 12:50 am

What if Separated was offered Disability Retirement but was 55 12yrs service took Severance will do MRA 10 Sept 1 this year I am paying TCC. will my annuity pay for the health benefit? switch TCC toFEHB? Severance ends July this yr the rate would be the same as when I was working?paying $ 700 now

(ALgeorgia at April 20, 2021 4:03 pm)

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Private answer

If you were not eligible for an immediate annuity when you left federal service, your annuity in the future is deferred. Deferred annuitants are not permitted to have their FEHB reinstated when the annuity commences.

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Posted by Elaine Lumsden (Questions: 0, Answers: 323)

Answered on April 20, 2021 4:16 pm

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