Premium payments are required on a monthly basis and are automatically deducted from your monthly pension benefit. If your premium exceeds your monthly benefit amount, the Retirement Benefits Department will work with you to set up the monthly payment of any remaining premium amount due. Premium payments are due no later than the first day of the month in which coverage is extended.
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What happens when I become eligible for Medicare?
The Retirement Benefits Department will contact you approximately 3 months before you or your spouse become eligible for Medicare with information and a reminder to apply for Medicare benefits. You must elect Medicare Parts A & B coverage and you must send us a copy of your Medicare ID card. If you are on the Comprehensive Medical Plan, your coverage will be automatically be moved to the Medicare Advantage Prescription Drug coverage on the first day of the month in which you qualify for Medicare benefits. Your monthly premium will be reduced.