Canceling health benefits for retirees

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Posted: Mon Apr 19, 2010 11:11 am Post subject: Canceling health benefits for retirees

I'm 58 and I'm planning to go for an early retirement. Will it have any effect on the retiree health benefits? _________________ Register Now to have your Insurance queries solved.

Playfulmind

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Posted: Wed Apr 21, 2010 10:49 am Post subject:

Yeah, it could be a real challenge for many of us who'd retire before 65. Our employers might provide us with health care benefits before retirement, but they may choose not to do so once we retire.

steven

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Joined: 02 Feb 2006
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Posted: Thu Apr 22, 2010 11:24 am Post subject:

Do you have any agreement with your employer regarding the continuation of benefits? If not, I don't think it's gonnabe easier! _________________ Register Now to have your Insurance queries solved.

anonymous00

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Posted: Fri Apr 23, 2010 7:36 am Post subject:

Quote:

Do you have any agreement with your employer regarding the continuation of benefits? If not, I don't think it's gonnabe easier!

It could be tough even when you have any agreement with your employer. Retiree benefits may get terminated at the bankruptcy court if your company is not financially strong. These benefits are not protected under the ERISA.
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Juanita

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Joined: 04 May 2007
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Location: Idaho
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Posted: Sat Apr 24, 2010 4:57 am Post subject:

Do you work for the local or state govt.? If so, you may avail such benefits. _________________ Register Now to have your Insurance queries solved.

Pythagor

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Posted: Sat Apr 24, 2010 5:48 am Post subject:

It would be really beneficial for those of us who're into a govt. job or are teaching in a school. _________________ Register Now to have your Insurance queries solved.