New Retirees

New Retirees  

Pre-Medicare Retirees

All Caltech retirees will keep their employee medical coverage through the last day of the month in which your termination of employment occurs. Please note that you will need to actively elect coverage within 31 days of retirement to enroll in your retiree health benefits. You are eligible to enroll in these benefits when you are 55 or older with 10 or more years of continuous benefit-based service with the institute. You may also be retirement eligible when you are age 55 or older with 20 years of total service as long as you are a benefit-based employee during the last 12 months of your employment.
 

You will be able to make changes to your retiree benefit elections during the annual open enrollment period each fall. You can also make changes if you experience a qualified life event such as marriage or losing or gaining other coverage.
 

Review the current retiree benefits options here. (See pages 10-11)

Medicare-Eligible Retirees

All Caltech retirees will keep their employee medical coverage through the last day of the month in which your termination of employment occurs. 
 

  • Caltech Medicare Plans requite you to be enroled, and remain enrolled in both Medicare Part A and Medicare Part B. 
  • Your Medicare Part A and Part B coverage should be in effect on the first day of the month in which your retirement benefits are to begin. 
  • To enroll in Medicare log on to www.ssa.gov or visit your local Social Security office. 
  • You are guaranteed to be accepted in a Caltech Medicare Plan regardless of your current health status. 

Medicare-Eligible Retirees may contact Mercer at 1-855-251-0910 for additional information.
 

Review the current retiree benefits options here. (See pages 7-8)