was not surprised at Mississippi's high ranking for being tax friendly to retirees
visits provider, who files two claims--one with Medicare and the other with a secondary plan.
He said he understood that the retirees
can get 'sensitive' at some issues.
The topic of out-of-pocket costs of medical coverage also showed a disconnect, with just over one-third (34%) of retirees
saying their employers communicated information to them, versus the 53% of employers that said they did so.
And, the EBRI report notes, while many employers no longer offer retiree
health benefits, most that have continued to do so have made changes in the benefit package they offer: raising premiums that retirees
are required to pay, tightening eligibility, limiting or reducing benefits, or some combination.
After the trustee has accomplished all the foregoing requirements, the court will grant a motion to modify retiree
benefits only if it finds that the trustee has properly satisfied these requirements, that the authorized representative of the retirees
has refused to accept it without ''good cause," that the modification of benefits is necessary, and that all of the affected parties are treated fairly and equitably (section 1114[f][l]).
The Connector Model combines available individual Medicare plans, robust retiree
decision-support tools and experienced customer service teams to help retirees
understand their choices and feel confident about the decisions they make.
She contends that retirees
are owed that because, since 1994, they have saved the city about $29 million in health insurance costs by being covered under Medicare.
School districts are not required to provide health insurance benefits to their retirees
if they don't already do so.
For nearly 100 years, military retirees
saw their military longevity retirement pay reduced by the amount of tax-free VA disability compensation they received.
But the same study also found that issues such as downsizing, injury, health limitations or family emergencies will lead to a sudden and unexpected retirement for four in 10 of responding retirees
Thus, to the extent that retiree
benefits are funded, contributions must be employer contributions, not salary-reduction contributions.