Current employees approaching retirement

There are many resources available for employees looking to learn more about continuing their benefits when they retire. If you cannot find the information you are looking for here, please contact a SEGIP retirement specialist.

Continuing insurance upon retirement (pdf)

Five years from retirement
There are many things you can do to start preparing for your retirement.

Step 1: Determine your eligibility
- The best way to determine your eligibility for retirement is to talk to someone from your Human Resources, from SEGIP, or your union representative.
- To find your Human Resources contact head to your employee self-service. Just select, "Need Assistance?" from the main menu and then select "Employee Contacts”.
Step 2: Learn about your benefits after retirement
- The two day State Retirement Seminar is a great place to start. These seminars are geared for employees who are planning to retire within the next five years.
- Start gathering information about what retiree benefits are available. Print the Continuation of Insurance upon Retirement Chart for a quick and easy reference.
- Learn more about Medicare and how turning 65 will affect your retirement benefits. Retirement specialists are available to help guide you.
Insurance Contacts
Within 6 months
Your retirement is on the horizon. Now is a good time to think about your retirement date.

After you have determined your retirement date, you may:
- Contact MSRS or your pension plan administrator to review your options.
- Start a conversation with your Human Resources about your retirement.
- If you or a spouse are approaching age 65, contact a SEGIP retirement specialist to learn about Medicare A&B options.
- Contact the Social Security Administration for information regarding your social security retirement benefits.
Retirement Contacts
Within 60 days
Time to take action. It is important that you complete and submit your paperwork 30-60 days prior to your retirement to continue your coverages when you retire.

To change your medical and dental plan administrators when you retire: complete and include an Application to Change Insurance Coverage with your Request for Continuation of Coverage upon Retirement.

This is a list of common forms:
- Request for Continuation of Coverage upon Retirement
- Application to Change Insurance Coverage - complete and include if you are changing your Medical or Dental plan administrator
- Post Retirement Optional Life Employee
- Post Retirement Optional Life Spouse
You can find these forms on the Find a Form page. After signing the form(s) it is recommended that you make a copy for yourself. Prior to your deadline, return your original completed form(s) to your Human Resources Representative and they will forward to SEGIP.

Deadlines: Retirement paperwork may be submitted no later than 30 days after your retirement date as listed in our system. It is not advisable to submit continuation forms after your retirement date as there can be critical impacts in Senior Plan enrollments, and may cause a delay in claims processing.
Within 30 days

You have now reached the final stretch in your journey to retirement. You should have everything in order with MSRS or pension plan, and your paperwork to continue your insurance has been submitted.

To update your life insurance beneficiary visit the Life Benefits website. Other available services include: legacy planning, will preparation, and information about financial consultations following a claim.

As you near the date of your retirement you will receive COBRA paperwork in the mail. This does not mean that your continuation paperwork was not received by SEGIP. Your employer is required by federal law to offer you COBRA coverage when your employment ends. If you have submitted your Request for Continuation of Coverage upon Retirement you may disregard this paperwork.