Post-65 Coverage

Retirees Who are Age 65 or Older

The medical coverage for retirees who are age 65 or older coordinates with Medicare. Once an employee reaches age 65, they may only receive the Defined Dollar Benefit Credits (DDB). With these credits, you may purchase coverage that either “complements” Medicare or “replaces” Medicare. You may continue to “bank” your DDB credits if you have other coverage. The University provides a broad range of coverage for retirees that are age 65 or older.

Summary Guides to Benefits

Post-65 Retiree Summary Guide (January 1 - December 31, 2020): Online | PDF
This guide includes information about retiring from the University, enrolling in retiree benefits, and more as a Post-65 retiree for calendar year 2020.

Medical Plans

The University provides medical coverage to retirees who are 65 or older that either complements Medicare or serves as a replacement to traditional Medical programs. The coverage options include:

  • Two plans that complement Medicare: UPMC’s National Complementary Program or Highmark’s Signature 65 Program
  • Four Preferred Provider Organization (PPO) programs: Two by Highmark and two by UPMC Health Plan. PPOs offer a greater level of flexibility that includes coverage if you need non-emergency services outside of the Western PA area.
  • UPMC Health Plan offers a Health Maintenance Organization (HMO) option that provides coverage very similar to the popular Panther Gold plan offered to active faculty and staff.

Learn more about medical plans.

Dental and Vision Plans

Dental coverage includes United Concordia, which offers a program called Concordia Access that focuses on preventive and minor restorative coverage. Discounts are provided for major restorative services.

Vision coverage includes Davis Vision, which offers a vision program similar to the Fashion Plan available to active faculty and staff. Learn more about dental plans and vision plans.

Education Benefits

Retirees who are age 65 and older may be eligible for education benefits at the University for themselves and their spouses, domestic partners, and dependent children. Learn more about the education benefit.

Long Term Care/Disability Benefits

Disability coverage is discontinued upon retirement, however there are some exceptions in regards to long-term disability coverage. Long term care insurance coverage may continue as long as you continue to pay the premium directly to Unum. Learn more about long term care coverage.

Life Insurance

  • Basic Life Insurance: Eligible retirees receive $1,500 for each year of service up to a maximum of $15,000
  • Optional Life Insurance: It is “portable” which means you have the ability to continue optional life insurance at group rates. No medical underwriting is required.

Learn more about life insurance and surviving family coverage options.

Retirement Savings

As a post-65 retiree, you may leave any assets in your retirement account. Review this overview of the benefits available to retired faculty and staff members who are 65 years and older, including eligibility, actions steps, and contact information.