The plan administrator determines ORP participants’ eligibility for retiree insurance benefits. A deferred retiree is an ORP participant who meets these criteria:
Special Note: Deferred retirees may draw funds from the ORP at any time. However, they must leave a minimum amount in the plan to preserve their eligibility for Retiree Insurance benefits at a later date. Go to preserving eligibility to learn about the minimum requirements.
Premium Rate & Billing: Deferred retirees pay the full premium rate for the coverage they purchase from the GIC. The Commission sends a direct bill to the participant for each month’s premiums.
Status Change: A deferred retiree may change their status to these other statuses at a future date: