Opt Out with Financial Incentive
Non-Medicare State Employees’ Retirement System (SERS) annuitants who are currently enrolled in the State Employees Health Program may elect to opt out of the health program and receive a $150.00 financial incentive per Public Act 94-0109. Members interested in this option must complete the Opt Out Election Form with Financial Incentive (PDF 20 KB) and submit to the SERS Group Insurance Representative (GIR) (PDF 327 KB).
Annuitant Waiver to Become a Dependent
Upon receiving a retirement annuity, or during the annual Benefit Choice
Period, an annuitant may elect to become a dependent of their spouse
for health, dental and vision coverage and continue life insurance
coverage as an annuitant per Public Act 93-0553. Annuitants electing
this option must complete the Annuitant
Waiver Form (PDF 9 KB) and submit to the State Employees’ Retirement
System Group Insurance
Representative (GIR) (PDF 327 KB).
For further information regarding retirement benefits, contact your retirement system. |