My wife also worked for the state of Missouri for 29 years. Her office closed just before she reached 80 and out. A year later she started collecting her state retirement when she turned 51. Does she still get the $5,000 life insurance like I do. I stayed for 35 years and received full backdrop at age 55.No. Anyone who does not retire directly from state employment (within 60 days from their last day of state employment), does not get the automatic $5,000 in basic life insurance coverage at no cost to them.
The state will continue to pay for $5,000 of basic life insurance coverage for life for retirees who meet the following conditions:
• They had basic life insurance coverage as an active employee and did not terminate coverage at retirement.
• They have a MOSERS retirement date that is within 60 days of when they left state employment.
0 comments:
Post a Comment