Or. Admin. R. 111-050-0016 - Life and Accidental Death and Dismemberment Termination Dates for Early Retirees
(1)
Eligible Early Retirees may continue to participate in any or all coverage and
plan options selected by the Entity for his or her Employee Group until they
reach age 65, unless otherwise specified in a documented entity policy or
collective bargaining agreement effective on or before February 1,
2010.
(2) Eligible Early Retirees
or dependents of retirees who lose eligibility for basic or optional life
insurance plans due to reaching age 65 can convert their coverage if requested
within 31 days of the date the coverage ends. Requests for conversion of
coverage must be made to the Life and AD&D insurance carrier.
Notes
Statutory/Other Authority: ORS 243.860 - 243.886
Statutes/Other Implemented: ORS 243.864(1)(a)
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