Pre-65 Retiree Plan
The Pre-65 Retirement Plan allows eligible retiring employees aged between 60 and 65 to continue USF health plan coverage (i.e. medical, dental, and vision) upon retiring from USF. Employees are responsible for paying 100% of the premiums.
A retiring employee must have been a full-time USF employee for at least ten (10) consecutive years immediately prior to their retirement to be eligible to participate in the Pre-65 Retiree Plan, unless their Collective Bargaining Agreement states otherwise.
Please contact the Benefits Team at benefits@usfca.edu one month prior to your retirement. If you are eligible to enroll, coverage under the Pre-65 Retiree Plan will be effective on the 1st of the month following your retirement.
Am I responsible for paying the cost of premiums if I enroll in the Pre-65 Retiree Plan?
Yes.
You are responsible for paying 100% of the premiums. For monthly premium amounts, please refer to the Benefits Guide, a link to which is available under ‘Quick Links’ on the Benefits homepage. Refer to the medical, dental and vision ‘Total Rates’ columns.
If I enroll in the Pre-65 Retiree Plan, when will coverage terminate?
Your enrollment in the Pre-65 Retiree Plan will terminate on the last day of the month in which you turn 65 or when you stop paying premiums, whichever comes first. Premiums are due the 1st of the month for each month’s coverage.
If I am not currently enrolled in dental or vision coverage, am I eligible to enroll in dental and/or vision coverage under the Pre-65 Retiree Plan?
No.
Eligible retiring employees can only continue coverage in which they are enrolled at the time of retirement.
If I am currently enrolled in medical, dental and vision coverage, am I permitted to drop one or more of these when enrolling in the Pre-65 Retiree Plan?
Yes.
If you have any questions regarding the Pre-65 Retiree Plan, please contact the Benefits Team at benefits@usfca.edu or at 415-422-2442.