Once you are ready to retire, below is a list of steps that you should follow:
- Please refer to the attachment below for an overview of what happens to your benefits when your employment with Gracie Square Hospital ends.
- To access your Gracie Square Retirement Plan and/or The New York Gracie Square Hospital 403(b) Plan, please get in touch with Empower at 877-778-2100.
- Elect medical coverage post-retirement depending on your retirement date and eligibility:
- If you are 65+ years old when you retire: Apply for Medicare Part A & B. Contact Medicare at 1-800-633-4227 for more information.
- If you are not eligible for Medicare: Consider medical coverage through COBRA. Every eligible employee who terminates employment with NYP will be sent a COBRA election package automatically from WageWorks.
- Convert your Life Insurance to an individual policy through The Hartford. Your coverage and rates may change. A Life Insurance package, outlining your options, will be mailed to your home address on record, shortly after your retirement date.
Things to Consider:
- Contact your local Social Security office to learn more about your Social Security benefits and Medicare.
For More Information:
Contact HR Connects through the chat at the bottom right of your screen, or “Submit a request” for more information.
LC3-5