Benefits Information for Official Retirees and Former Employees
Once you are a retiree or a former employee, your benefits coverage - including premiums - changes in regard to your classification and age.
Pre-65 Retirees
|
2020 Medical Plan Premiums (includes Vision Plan Coverage) |
Monthly Premium |
| Purdue Health Plan | |
| Retiree Only | $673.16 |
| Retiree & Children | $1,211.63 |
| Retiree & Spouse | $1,514.49 |
| Family | $2,053.08 |
| Purdue Health Plan Plus HSA 1 | |
| Retiree Only | $593.32 |
| Retiree & Children | $1,067.97 |
| Retiree & Spouse | $1,334.88 |
| Family | $1,809.61 |
| Purdue Health Plan Plus HSA 2 | |
| Retiree Only | $534.72 |
| Retiree & Children | $962.30 |
| Retiree & Spouse | $1,202.89 |
| Family | $1,630.59 |
| Purdue Health Plan J-1 Visa(Coverage offered to J-1 Visa holders only.) | |
| Retiree Only | $602.11 |
| Retiree & Children | $1,083.92 |
| Retiree & Spouse | $1,354.88 |
| Family | $1,836.67 |
Dental Plan
| 2020 Dental Plan Premiums |
Monthly Premium | Annual Premium |
| Preventive Only | ||
| Retiree Only | $0 | $0 |
| Retiree & Children | $0 | $0 |
| Retiree & Spouse | $0 | $0 |
| Family | $0 | $0 |
| Anthem Dental Plan Option 1 (Point-of-Service) |
||
| Retiree Only | $21.23 | $254.76 |
| Retiree & Children | $52.75 | $633.00 |
| Retiree & Spouse | $43.18 | $518.16 |
| Family | $80.43 | $965.16 |
| Anthem Dental Plan Option 2 (Standard) |
||
| Retiree Only | $8.70 | $104.40 |
| Retiree Children | $20.42 | $245.04 |
| Retiree & Spouse | $17.79 | $213.48 |
| Family | $32.01 | $384.12 |
Official Retirees
| 2020 Medical Plan Premiums | Monthly Premium |
| PURcare | $281.80/member
$185.67/member for members with VA or Tricare Rx coverage |
| Medicare Advantage PPO | $198.07/member |
| Voluntary Preventive Retiree Dental Plan for Retirees Over Age 65 | |||
| Coverage Level | Premium | Admin Fee | Total Monthly Fee |
| Retiree | $21.20 | * Additional $2.25 per application for ACH Billing | $23.45 |
| * Additional $2.75 per application for Paper Check | $23.95 | ||
| Retiree + 1 | $42.40 | * Additional $2.25 per application for ACH Billing | $44.65 |
| * Additional $2.75 per application for Paper Check | $45.15 | ||
| * Please note when utilizing ACH billing you can receive a discounted admin fee. |
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- University Policy - Status and Privileges of Retired Faculty and Staff
- Guidance related to post-retirement employment for faculty
Separation Period Required Upon University Retirement: When Purdue’s faculty and staff members retire, a 30-day separation is required before they can be re-employed by the University in any capacity. There are IRS provisions and state statutes that prescribe this “break-in-service.” Purdue welcomes back many retirees who return to work in temporary or part-time positions, but it is important to note that this 30-day break occurs before returning to any paid position. - 2019 Retire Smart booklet with medical options information and pricing for official retirees age 65 or older
Former Employees
Helpful Links
- Public Employees' Retirement Fund (PERF) website
(Note: For non-exempt (paid biweekly) staff hired on or before September 8, 2013) - PURA (Purdue University Retirees Association)
- TIAA website (Note: Plans prior to 2011)
- Purdue Standard Retirement and Savings Plans (exempt employees)
- Purdue Matching Retirement and Savings Plans (non-exempt employees)
- Social Security Administration
- Fidelity Investor Center in Purdue Memorial Union
- Update your address with Purdue