Board of Trustees News

Reminders about health care stipend eligibility

The following are some helpful reminders concerning OP&F’s retiree health care stipend:

  • Retirees age 65 or over must be enrolled in Medicare and also must become enrolled and maintain enrollment through the Alight Retiree Health Exchange or else risk stipend termination.
  • To become eligible for the OP&F health care stipend, a Qualifying Life Event, or QLE, must first occur. A common QLE is the involuntary loss of group health care coverage, which usually happens when a member or spouse retires or becomes unemployed and their employer’s plan is no longer available.
  • There is a 60-day window to apply for the OP&F health care stipend after a QLE occurs. The first step to applying is to complete OP&F’s Health Care Stipend Eligibility Form, found on the OP&F website.
  • If a member dies, the family must contact OP&F, their health care carrier and Alight to stop any auto premium reimbursements.
  • Members should be aware that if any stipend money remains in the Health Reimbursement Arrangement at the end of the year, it will not roll over to the next year.
  • Posted 5/9/2024

     


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