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You have the option to continue medical and dental coverage as an eligible retiree. Coverage is available to employees who retire:
If you under age 65, your medical plan options are the same as active employees. If you are age 65 or over, you have a different set of medical plan options.
Dependents who are covered at the time of retirement — your spouse or dependent children — may also continue coverage when you retire.
If your spouse works at the University, you have the option to be added to the coverage as a dependent. Then, when your spouse retires, each of you would have single retiree coverage.
It is important to remember that if you decide not to continue coverage as a retiree through the University of Minnesota, you and your dependents may never re-enroll in one of the University's medical or dental plans.
You may continue your current group term life insurance for 18 months under COBRA continuation provisions. This includes basic life insurance and any additional coverage for yourself, your spouse, and children. You have an option to convert to an individual whole life policy at the end of the 18-month continuation period.
100 Donhowe Building
319 15th Ave. SE
Minneapolis, MN 55455
612-624-9090 or 1-800-756-2363, press 2