Health Benefits Retired BillingNJ Division of Pensions andamp; Benefits 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the corporate name of the employer and the county in the designated fields. Ensure that you also input the SHBP/SEHBP identification number accurately.
  3. Specify the effective date of the resolution by filling in the month and year. This must align with your intended start date for coverage.
  4. Complete the attached Resolution Addendum, checking appropriate boxes for coverage types (medical, dental, or both) and detailing employee classes as required.
  5. Indicate whether benefits apply to current retirees and provide any necessary percentages for employer contributions. Ensure all relevant contracts and ordinances are attached before submission.

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Some retiree plans are Medicare Advantage plans. These plans provide all the same coverage as Original Medicare (Parts A B) and often additional benefits and features such as prescription drug coverage and dental, vision and hearing care.
For years, boards had struggled to contain the escalating cost of providing employee health coverage. The landmark law, effective beginning with the 2011-2012 school year, requires school employees to pay a portion of health insurance premiums.
Health Benefits Information - Retirees Eligibility for Retired Group SHBP coverage is available to qualified retirees from the State including State colleges and universities, and Participating Local Government Employers, as determined by the State Health Benefits Program (SHBP).
For retired employees enrolled in the managed care plan, the monthly premium is $203 if the retiree is under age 65 and $80.23 if the retiree is age 65 or older and enrolled in Medicare as the primary insurer. Premiums are higher in the alternative Teachers Choice Health Plan.
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