How Participants Secure GIC Post-Employment Benefits
ORP Participants who meet certain requirements may become either "Deferred Retirees" or "Retirees" for purposes of Group Insurance Commission (GIC) health, dental, and life insurance benefits.
Note: ORP Participants may also become eligible for GIC benefits under Disability Retirement. More information about Disability Retirement is available in the Participants' section of this website.
The Plan Administrator is the sole, authoritative determinant of a Participant's eligibility for these benefits. To check the status of a determination, Campus Administrators may use the online Access Participant Data facility.
Age and Service Requirements
For these eligibility requirements, Years of Creditable Service equals Years of Participation in ORP plus Years of Creditable Service in SERS.
To become a "Deferred Retiree" for GIC purposes, a Participant must:
- Complete at least 10 Years of Creditable Service.
To become a "Retiree" for GIC purposes, a Participant must:
- For employees hired before April 1, 2012: Complete at least 10 Years of Creditable Service and attain the age of 55;
- For employees hired on or after April 1, 2012: Complete at least 10 Years of Creditable Service and attain the age of 60; or
- For all employees: Complete at least 20 Years of Creditable Service.
More information about becoming a Retiree and Retiree Incomes is available in the Participants' section of this website.
The Campus Administrator's role in assisting Participants who wish to become "Retirees" for GIC purposes is limited. Campus Administrators should:
- Complete GIC Form-1 and submit it to the Group Insurance Commission, also sending a copy to the ORP Plan Administrator;
- Provide the ORP Retiree Checklist (.DOC) to the Participant as a guide in making the transition to Retiree status;
- Direct the Participant to their Provider for help in determining the best method of drawing their Retiree Income; and
- Direct the Participant to the Plan Administrator for assistance in coordinating the beginning of their Retiree Income and the retiree insurance premium deductions.