Eligibility
Retiree benefits are available to plan members aged 55+ and leaving employment permanently (retirement). There is no upper age limit and benefits are renewable yearly. No medical exam is required.
Cost
The cost is calculated to equal the employer and employee premiums plus a $3 monthly administration fee.
Coverage
Your retirement coverage is the same as when you are an active employee. The only exception is that your emergency travel insurance which covers up to $500,000 per calendar year instead of $1,000,000 before you retired.
For full details, refer to the Retired Employees PDF below.
Enrollment
If you would like to enroll yourself or your family in the retiree benefits plan, please fill out the following forms:
- Group Coverage Change Form
- Retiree Enrollment Form
- Pre-Authorized Debit Form
- Life Insurance Coverage When Leaving Employment
If you have enrolled in Voluntary Critical Illness, please contact Industrial Alliance to cancel the coverage and premium deduction.