Post-retirement medical and dental benefits are only available to retirees who were employed with UNM on June 30, 2015 and prior and who have met the VEBA participation requirements. To access these benefits, a potential retiree must meet the criteria outlined in University Administrative Policy 3600, Section 3.1.
A Pre-65 Retiree is defined as an employee who retires from UNM before the age of 65. Immediately prior to retirement, the retiree may elect the same medical coverage he or she had as an active employee, but pay premiums based on the percentages outlined in the VEBA premium contribution rate schedule. Retiree premiums are determined by service credits paid into VEBA. Read more about the Voluntary Employee Beneficiary Association (VEBA).
When and How to Enroll
Eligible Pre-65 retirees have the following enrollment opportunities
During the UNM retirement application process
Enroll by contacting your Benefits representative.
During the annual Open Enrollment period, typically held in April/May
Make changes to existing coverage by completing the Pre-65 Open Enrollment Change Form.
Use an Out-of-Network provider where only usual and customary charges are covered, and providers and facilities are not contracted with your third-party administrator (TPA). Notify your TPA first to receive the maximum available benefit if you use this option.
Make an appointment with your selected provider.
Present your medical ID card. Presbyterian ID Cards will be created for each plan participant and mailed to the primary member by Presbyterian.