Can someone, who has been in the process, provide me with details on the calculation for used 'Rule of 60' health care premium supplement?
Thank you in advance!
7 replies (most recent on top)
30 year employee - calculated my share of health coverage after retirement - $1,010 . Do NOT think you will be getting any benefit for health care!!
@iszm thanks for being a lazy douche bag that wants everyone else to do research for them. That will then complain when it doesn't work out
Ask HR for a copy of the "Retiree Health Plan Summary Description" doc - 130+ pages. It describes in detail eligibility for coverage. It doesn't describe the calc itself for any BAC contribution. That would be reflected under retirement modeling on the HR site. Don't expect it to amount to much for most retirees - think BAC's contribution accounted for 10% of my costs when I retired after 30 years employment.
don't fool yourself, health care supplement, hardly. You can buy health care at COBRA rates, which will quickly bankrupt you if you aren't gainfully employed or a member of the united states ruling class
Thanks for being useless.
The details are spelled out on HR site
Age plus years of service.
45 years old with 15 years of service = 60.