Can the cost of any qualified retiree medical plan be paid from my VEBA-MEP?
Yes. The cost of any qualified medical plan you elect to use after retirement can be paid out of this account, including PEBB plans, Medicare Supplement Plans, etc. If you join the PEBB Retiree Medical Plan, you can authorize the Department of Retirement Systems to deduct your medical premium from your defined benefit pension check (PERS/TRS retirement plan members). You can then arrange with the VEBA Plan Administrator to directly reimburse you from your VEBA account by using the VEBA Systematic Payment Form. Direct deposit is available.
