IBEW Local 1547 Alaska Electrical Trust Funds Alaska Chapter NECA
 

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Life Events - Turning 65 or 70

Retiree turns 65

A retiree and spouse participating in the retiree health & welfare plan will automatically be moved to a Medicare Eligible retiree health & welfare plan when he or she turns 65.  The enrollment change is effective the first day of the month of the 65th birthday.

If you are having the monthly premium withheld from your monthly pension benefit check, the new premium will automatically be withheld.  If you are self-paying, please submit the new premium amount. 

Be sure you enroll in Medicare when you are eligible to participate.  The health plan will calculate your benefits based on the amount Medicare would have paid for the procedures whether or not you actually enroll in Medicare.

 

Participant turns 70

Your pension benefit payments must commence by April 1 of the calendar year following the year in which the you reach age 70

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