[SeniorTech] Re: question about retirement insurance
- From: "Wayne and Brenda" <myerswb@xxxxxxx>
- To: <seniortech@xxxxxxxxxxxxx>
- Date: Mon, 26 Feb 2007 15:37:20 -0600
MessageThanks for replying. I believe I am the first to retire from my
district in the past 30 or so years anyway. We are just a one horse school
district, K-8. There are 4 other schools like us around here. I just talked
to my uniserve director today and mentioned that my contract only has early
retirement language; I believe the 5,000 a year is if I had retired early.
Some friends that weren't in education have chosen Humana for the supplement to
Medicare. When I wrote here, I thought possibly others may have chosen a
company similar. The costs is minimal. Our teacher insurance in my school is
fantastic. I will meet with my uniserve director on Wednesday; she thinks she
can work some kind of retirement deal for me. It's scary. I have heard of
teachers going into depression, etc. after retiring. Thanks again, Brenda
----- Original Message -----
From: Jerry Taylor
To: seniortech@xxxxxxxxxxxxx
Sent: Monday, February 26, 2007 3:20 PM
Subject: [SeniorTech] Re: question about retirement insurance
Brenda...
You're fortunate that your district is going to give you $5,000 a year
towards your insurance. My district (Greece, NY) is only giving me about HALF
that (approx. $200/month). I opted to continue with my current group plan
through the district (it includes my wife), which means I have to kick in an
additional $500/month for medical and another $100/month for dental. I looked
into getting my OWN separate insurance (individual), but the cost was
astronomical.
For me, anyway, health insurance is the single most expensive thing we have
to pay for in retirement. In contrast, I have friends (who retired from OTHER
districts) that have their health insurance completely paid for for LIFE. (Wow,
they sure knew how to hammer out a CONTRACT, didn't they??)
Hope this helps.
Jerry
www.seniortech.us
-----Original Message-----
From: seniortech-bounce@xxxxxxxxxxxxx
[mailto:seniortech-bounce@xxxxxxxxxxxxx] On Behalf Of Wayne and Brenda
Sent: Wednesday, February 21, 2007 9:24 PM
To: SeniorTech listserv
Subject: [SeniorTech] question about retirement insurance
Hello,
I am thinking about retiring this year. Our contract language says the
district will pay 5,000 a year for insurance with our school insurance. My
question is should I take that along with medicare and my husband get a
separate insurance? I wondered if anyone has experience with this. I really
don't know what to do.
Thanks,
Brenda
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