Does my vision coverage with Vision Service Plan (VSP) continue into retirement?
Answer. No. The vision coverage does not continue into retirement; however, the retiree (and/or eligible dependents) may pay the monthly premium to continue the coverage on a temporary basis (eighteen months) if elected immediately upon the member’s retirement. This coverage is under the provisions of COBRA (Consolidated Omnibus Budget Reconciliation Act) and the cost is approximately $15 per month regardless of the number of eligible dependents to be covered. Retirees participating in the Faculty Early Retirement Program (FERP) will have the Vision Service Plan coverage temporarily reinstated once they are back on pay status with the CSU as a FERP employee for a minimum half-time for any quarter that they teach. See pages 6 & 7 of this document for further information.
