An Eligible Early Retiree has 60 calendar days from the end date of active eligible employee insurance coverage to:
Continue enrollment in OEBB-sponsored medical, dental, vision, basic life, basic accidental death and dismemberment, optional life and optional accidental death and dismemberment plans with the same eligible dependents which were included on your coverage as an active employee; provided they are offered by the Entity.
Disenroll eligible dependents covered during active enrollment. Dependents cannot be re-enrolled once they are dropped from coverage, unless a Qualified Status Change event has occured and is reported.
Disenroll in any or all plans. Once a retiree drops any type of coverage the retiree cannot re-enroll in the coverage that was dropped.
Change medical plan to a less expensive medical plan if the Eligible Early Retiree is no longer receiving a monetary contribution.
All retiree and dependent coverage must be continuous from the date the active coverage ends.
Coverage not continued at the time of initial eligibility for early retiree benefits cannot be added at a later date.
An Eligible Early Retiree may choose to continue enrollment in an OEBB-sponsored medical plan, dental plan, vision plan, basic life, basic accidental death and dismemberment, optional life, or optional accidental death and dismemberment plan, or any combination of these, unless determined otherwise by a collective bargaining agreement or documented entity policy with the following restrictions:
The Eligible Early Retiree must be enrolled in an OEBB-sponsored optional life or optional accidental death and dismemberment plan to continue optional spouse or dependent life or accidental death and dismemberment, respectively.
The Entity offers the plan(s) to their retiree group.
Plan Change Periods: OEBB will offer an annual plan change period for Eligible Early Retirees.
An Eligible Early Retiree can change benefit plans consistent with members of their former active Employee Group.
An Eligible Early Retiree may not add dependents or enroll in coverage(s) he or she did not select during the initial enrollment period, unless a Qualified Status Change event has occured and is reported.
An Eligible Early Retiree may choose to reduce the amount of optional life and optional accidental death and dismemberment coverage for themselves and/or their dependents, but may not increase coverage in these plans.
Qualified Status Changes (QSC): An Eligible Early Retiree may make changes consistent with the OEBB QSC Matrix.