What happens to it?
3 replies (most recent on top)
I retired in June 2019, age 55. Health Insurance for employee and spouse if $1566/mo for catastrophic high deductible policy.
RMA has 12 grand in it so Insured until Feb 2020. If you don't retire by December 2019 then the RMA will push 5 more years until 2025 and you will have to be at least 60 to get it. if you don't qualify to retire on December 31 2019 (55 and 10 years of service), then you don't have an RMA. If you qualify, then you have to wait 5 years.
Retiree Heath Insurance is real good but expensive. Health Insurance is hard to buy when you are 55-65. Health Insurance is the hardest part of retirement.
You mean the one HR kept secret? I got it after months of calling HR and hearing them deny one existed.
See this @H0l8A0Y