PRP
 

Anyone know anything about PRP? If we retire at age 60, are we paying for the full medical premium thats listed in our union site that address retiring before age 65? I think the purple plan was around $1,200/month this year. Does PRP cover any of this premium?

Not sure but I don't think you get any financial help on this. No VEBA for you!

Thaks, Seems odd we still pay it.

“Anyone know.....”

Reply - “Not sure.....”

Reply - “Odd we still pay it....”

Maybe you should call the union benefit folks and/or attend a retirement seminar and research and understand what VEBA does for you.

Think we get jack until age 65, then you get a bit towards Medicare. Absolutely disgusting that we haven’t renegotiated retiree health care with the company, and all they contribute is $4813 per year for you and your spouse, based upon 1993 health care costs. That’s right, 1993.

it looks to me like the best option is selecting Cobra for 18 months, then sliding over to the high deductible plan (that is, if you were in the buy up plan already). Cobra costs are significantly less than paying for the buyup.

PRP
 

Also, if you have the Purple plan, you get the $4000 plus whatever you contribute towards the yearly limit to pay any medical costs before or after retirement.

However, the company does not contribute that $4K any more after you retire. Sadly.

No, it’s contractual. This and the Medicare gap for this retiring before 65 can be changed only through contract negotiations. Let your rep know you want these things.

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Yes, it is contractual, and this is what the contract says.

1. B. CDHP Options (Without HSA or HRA) Terms of the CDHP Options are the same as the terms of the CDHP Options for active pilots, as described in Section 27 A, except that there is no Company contribution to an HSA or HRA.
   
   

PRP
 

Yes, that’s been established here. In order to change that, the contract wording needs to change. Which is why I recommended letting your rep know. I’m all for it, by the way.