Author Archives: Bessie

Welcome Spring!

Looks like the warmer weather is trying to move in! Want to wish everyone a happy and healthy Easter and a wonderful Spring. I want to take a moment to thank you all for allowing me to be of service … Continue reading

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Don’t have an MBOS Account? Sign up NOW!

MEMBER BENEFITS ONLINE SYSTEM (MBOS) FOR RETIREES 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 and Benefits … Continue reading

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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

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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

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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

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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

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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

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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

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