Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens to the “Rule of 75” under the proposed retiree health benefit changes?

0
10 Posted

What happens to the “Rule of 75” under the proposed retiree health benefit changes?

0
10

A. The Rule of 75 will not exist after the retiree health benefit changes take effect in 2009 (proposed effect date: July 1, 2009). Thereafter, premiums will be paid on a cost-sharing model. Under the proposed plan, your College subsidy will be your combined age plus years of benefits-eligible service on July 1, 2009.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123