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Author Archives: Bessie
Welcome Spring 2021!
Given the amount of “Winter” New Jersey has been getting, I’m sure all are looking forward to Spring! I hope this time of year will find everyone health and happiness. As I must say the past 12 months have certainly … Continue reading
Posted in General Information, Uncategorized
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Don’t have an MBOS Account? Sign up NOW! Updated LINK
MEMBER BENEFITS ONLINE SYSTEM (MBOS) FOR RETIREES UPDATED LINK Privacy is a big concern for all and release of information to an unauthorized party is unallowable. In order to ensure a person’s privacy is not violated, the Division of Pension … Continue reading
Posted in General Information, Pension Information
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HEALTH BENEFITS CONTRIBUTION — PERCENTAGE OF PREMIUM FOR RETIRE
Below is information for retirees who pay a portion of their health benefits coverage; You must use the rate charts for retirees who pay the full cost of their coverage to first determine the full cost premium for the plan … Continue reading
Posted in Health Benefits
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Aetna Medicare Advantage Plan Info
Medicare Advantage Plans Effective January 1, 2019, the SHBP will no longer offer Medicare Advantage (MA) plans through Horizon’s NJ DIRECT10 (PPO) or NJ DIRECT15 (PPO) plans. Retirees previously enrolled in these plans will be automatically transferred to a corresponding … Continue reading
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2019 Health Benefit and Dental Rates
For more information regarding the various health plans, dental plans and 201 rates for retirees, please click here: Information regarding 2019 rates for those who pay full cost: https://www.state.nj.us/treasury/pensions/documents/hb/oe2018/state-retired-including-rx.pdf Information regarding 2019 health plan designs: https://www.state.nj.us/treasury/pensions/documents/hb/oe2018/hr0898.pdf 2019 Dental Rates: https://www.state.nj.us/treasury/pensions/documents/hb/oe2018/retiree-dental.pdf Information for Retiree … Continue reading
Posted in Health Benefits
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Reminder for Retirees Turning 65
Approximately 3 months before the retiree turns, 65, you must enroll in Medicare. Failure to enroll will result in the retiree being dropped from the State Health Benefits program you are enrolled in. Once you receive your Medicare Card for … Continue reading
Posted in General Information, Health Benefits
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State Police Group Life Insurance Benefit
Also, were you aware that as a retiree, you have a LIFE INSURANCE BENEFIT through the State of NJ? This life insurance benefit is provided through Prudential and the benefit is equal to 50% of the last year of your … Continue reading
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Information regarding Reimbursement of Medicare Part A
Some retirees are required to pay for Medicare Part A, these costs are reimbursable. A recent retiree contacted Pensions and Benefits and was told they are not, that is NOT true. Please see NJSA: 53:SA-44.1, Introduced on February 23, 1987 … Continue reading
Posted in General Information, Health Benefits
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Post Retirement Employment Restrictions
The State revised fact Sheet #86 in August 2015 regarding Post Retirement Employment Restrictions for each retirement system. See this link: link to info
Posted in General Information, Pension Information
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Pension & Benefits New Hours
Pensions and Benefits have new hours for in-person consultations and phone hours. Click here for more info link to info
Posted in General Information
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