Retiree Health
The Retiree Health Plan provides benefit credits eligible retirees can use to help manage healthcare costs in retirement. Your benefit credits are calculated based on your years of service and are made available to you annually throughout your retirement. You may use these credits to offset the cost of retiree health coverage offered through Segal, or, alternatively, use them as a Medical Expense Reimbursement Account (MERA) to be reimbursed for qualified medical expenses.
You’re eligible for the Retiree Health Plan if you meet both of the following criteria:
- You retire from active service from Segal on or after your 55th birthday and are eligible to receive either an early retirement pension or a normal retirement pension from the Segal pension plan; and
- You were eligible to participate in a Segal health plan immediately prior to retirement.
Only your spouse or spousal equivalent and dependent child(ren) covered at the time of your retirement are eligible under the Retiree Health Plan.
More information about retiree health coverage can be found in the U.S. Employee Benefits Guide, in the Health and Dental Coverage after Retirement section.
Resources
2018 Retiree Health Plan Summary Plan Description (SPD)
2019 Retiree Health Plan SMM
2020 Retiree Health Plan SMM
Aetna Comprehensive Medical Plan Summary of Benefits (closed plan for grandfathered group)
Aetna Comprehensive Medical Plan Booklet (closed plan for grandfathered group)
Aetna Comprehensive Medical Plan Schedule of Benefits (closed plan for grandfathered group)
UnitedHealthcare Medicare Advantage Plan Guide
Guardian Dental Summary of Benefits
Guardian Dental Certificate of Coverage
Guardian Dental Summary for NY CBU
Guardian Dental Certificate of Coverage for NY collectively bargained employees
CMS-L 564 Form (for employees retiring at or over age 65 and applying for Medicare coverage)
2026 Retiree Health Coverage Contribution Rates
2027 Retiree Health Coverage Contribution Rates
2026 ABCs of Medicare by Fidelity: webinar and slides. View educational resources in the Fidelity Medicare Learning Center, or call the Fidelity Medicare Services Team directly at 833-886-0033, Monday–Friday, 8:30 am–8 pm ET.