Retired employees are not eligible for FlexElect. Accordingly, there are several different situations that may apply to employees who retire while enrolled in FlexElect. The following gives examples of these situations and the appropriate action that should be taken.
If employees retire and
Choose the Cash Option instead of their own medical insurance plan
Employees have up to days prior to and days following, the date of their retirement to enroll in any California Public Employees'…... more
If employees retire and
Choose the Cash Option instead of their own medical insurance plan
Employees have up to days prior to and days following, the date of their retirement to enroll in any California Public Employees'…... more
Retired employees are not eligible for FlexElect. Accordingly, there are several different situations that may apply to employees who retire while enrolled in FlexElect. The following gives examples of these situations and the appropriate action that should be taken.
If employees retire and
Choose the Cash Option instead of their own medical insurance plan
Employees have up to days prior to and days following, the date of their retirement to enroll in any California Public Employees' Retirement System (CalPERS) medical db to data insurance plan. If employees do not enroll within the specified time period, they must wait until the next health open enrollment period. The enrollment at that point would be handled through CalPERS.
Form processing
Enrolls in a health plan up to days prior to retirement: Employees must complete an HBD- to enroll in health and a STD. C to cancel their FlexElect enrollment. The Permitting Event Code to be used on the STD. C is , and the Permitting Event Date is the date the HBD- is received in the employing office (as shown on the form). Both forms should be submitted as a package to SCO for processing.
Enrolls in a health plan no later than days after retirement: The Personnel Office must complete an HBD- and submit to CalPERS for processing. It is not necessary for employees to complete a STD. C to cancel their FlexElect as their enrollment will be automatically terminated upon their retirement in SCO's payroll system.
Choose the Cash Option instead of their own dental insurance plan
Employees have up to days prior to and days following the date of their retirement to enroll in a State-sponsored dental insurance plan. If employees do not enroll within the specified time period, they must wait until the next dental open enrollment period. The enrollment at that point would be handled through CalPERS.
Form processing:
Enrolls in a dental plan up to days prior to retirement: Employees must complete a STD. to enroll in dental and a STD. C to cancel their FlexElect enrollment. The Permitting Event Code to be used on the STD. C is , and the Permitting Event Date is the date the STD. is received in the employing office (as shown on the form). Both forms should be submitted as a package to SCO for processing.
Enrolls in a dental plan no later than days after retirement: The Personnel Office must complete a STD. and submit to CalPERS for processing. It is not necessary for employees to complete a STD. C to cancel their FlexElect as their enrollment will be automatically terminated upon their retirement in SCO's payroll system.
Retain their State-sponsored medical insurance plan
No action is necessary for employees to continue their medical insurance benefit into retirement. CalPERS will automatically continue employees' medical plans in retirement.
Retain their own State-sponsored dental insurance
The Personnel Office will need to complete a STD. to continue the employees dental insurance benefits into retirement. This form is necessary because CalPERS processes dental enrollments for retirees and retiree information must be entered into the CalPERS' database.
Use the Medical Reimbursement Account
Deductions into the account will automatically stop upon retirement. Employees may continue their Medical Reimbursement Account contributions under COBRA. See COBRA information and enrollment instructions in Section , Correcting FlexElect Open Enrollment Documents.
Use the Dependent Care Reimbursement Account
Deductions into the account will automatically stop upon retirement. Retired employees cannot continue their dependent care contributions under COBRA.
If employees retire and
Choose the Cash Option instead of their own medical insurance plan
Employees have up to days prior to and days following, the date of their retirement to enroll in any California Public Employees' Retirement System (CalPERS) medical db to data insurance plan. If employees do not enroll within the specified time period, they must wait until the next health open enrollment period. The enrollment at that point would be handled through CalPERS.
Form processing
Enrolls in a health plan up to days prior to retirement: Employees must complete an HBD- to enroll in health and a STD. C to cancel their FlexElect enrollment. The Permitting Event Code to be used on the STD. C is , and the Permitting Event Date is the date the HBD- is received in the employing office (as shown on the form). Both forms should be submitted as a package to SCO for processing.
Enrolls in a health plan no later than days after retirement: The Personnel Office must complete an HBD- and submit to CalPERS for processing. It is not necessary for employees to complete a STD. C to cancel their FlexElect as their enrollment will be automatically terminated upon their retirement in SCO's payroll system.
Choose the Cash Option instead of their own dental insurance plan
Employees have up to days prior to and days following the date of their retirement to enroll in a State-sponsored dental insurance plan. If employees do not enroll within the specified time period, they must wait until the next dental open enrollment period. The enrollment at that point would be handled through CalPERS.
Form processing:
Enrolls in a dental plan up to days prior to retirement: Employees must complete a STD. to enroll in dental and a STD. C to cancel their FlexElect enrollment. The Permitting Event Code to be used on the STD. C is , and the Permitting Event Date is the date the STD. is received in the employing office (as shown on the form). Both forms should be submitted as a package to SCO for processing.
Enrolls in a dental plan no later than days after retirement: The Personnel Office must complete a STD. and submit to CalPERS for processing. It is not necessary for employees to complete a STD. C to cancel their FlexElect as their enrollment will be automatically terminated upon their retirement in SCO's payroll system.
Retain their State-sponsored medical insurance plan
No action is necessary for employees to continue their medical insurance benefit into retirement. CalPERS will automatically continue employees' medical plans in retirement.
Retain their own State-sponsored dental insurance
The Personnel Office will need to complete a STD. to continue the employees dental insurance benefits into retirement. This form is necessary because CalPERS processes dental enrollments for retirees and retiree information must be entered into the CalPERS' database.
Use the Medical Reimbursement Account
Deductions into the account will automatically stop upon retirement. Employees may continue their Medical Reimbursement Account contributions under COBRA. See COBRA information and enrollment instructions in Section , Correcting FlexElect Open Enrollment Documents.
Use the Dependent Care Reimbursement Account
Deductions into the account will automatically stop upon retirement. Retired employees cannot continue their dependent care contributions under COBRA.