Retiree Health Insurance

It is important to review your health insurance options for retirement and take the appropriate action in a timely manner. Access helpful information like enrollment requirements and timeframes, required forms, rates, and more on the PEBP Plans page.

PEBP offers a comprehensive benefit package to eligible retirees and their surviving spouses/domestic partners including:

• Medical (choice of plan)
• Dental
• Vision
• Term Life Insurance Policy - $12,500
• The retiree health insurance plan for retirees under age 65 is the same coverage that is available as an active employee and will continue to be your primary insurance until you qualify for Medicare (generally age 65).

Eligibility

To continue to receive the Public Employees’ Benefit Program (PEBP) health insurance plan in retirement, you must meet the following criteria (NAC 287.135):

• Have participated in either the Retirement Plan Alternative 401(a) program, or the Public Employees' Retirement System of Nevada (PERS) for at least five (5) years as a full-time employee or the equivalent of a full-time employee.
• Be receiving any distribution of benefits from one of the following retirement plans:
  • Public Employees' Retirement System of Nevada (PERS)
  • Nevada System of Higher Education Retirement Plan Alternative Program
  • Nevada System of Higher Education Tax Sheltered Annuity Program
  • State of Nevada Deferred Compensation Program

If you are not eligible for continuation of the health insurance plan in retirement, you may be eligible to continue the coverage as provided under the federal COBRA law for up to 18 months, or until you become eligible for Medicare, whichever comes first. You are responsible for the full premium payment. Contact PEBP to enroll or for more information.