Human Resources | HR News | Future Retirees
Future Retirees
Important Open Enrollment Information
Employees retiring after July 1, 2016 must be enrolled in UNM medical and/or dental insurance for five consecutive years, immediately preceding retirement, to be eligible to participate in UNM’s retiree medical and/or dental plan. If you intend to retire on July 1, 2016, it is important that you enroll in UNM benefits during this year’s Open Enrollment in order to meet the five year qualification requirement. Other policy provisions remain in effect.
If you intend to retire on July 1, 2016, and you wish to retain applicable UNM Benefit plans into retirement, then you need to be enrolled in the UNM benefit plans effective July 1, 2011. Currently, applicable UNM Benefits are medical, dental, and life insurance (basic and supplemental). Open Enrollment is your opportunity to enroll in UNM benefits to ensure your ability to continue UNM benefit into retirement. UNM’s Open Enrollment period ends May 11, 2011.
Please note: If you intend to retire before July 1, 2016, the current policy enrollment prevision applies. It reads:
You must have been covered by a local group medical/dental insurance policy for at least four (4) of the last five (5) years, and be currently enrolled in one of the available UNM medical/dental insurance plans for the last twelve (12) months of employment, prior to retirement.
Visit UNM Retiree benefit changes for more information.
Visit Open Enrollment Information Plan Year 2011-2012 for general information.
- 05.02.2011
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