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Retirement Medical Benefits

April 8, 2003

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  Retire before 7/1/03 Retire on or after 7/1/03
When can a Flight Attendant retire early and be eligible for retiree medical?

Age 50 and above on 5/1/03 with 10 years of service Age 55 and above or age 50 by 5/1/03 with 10 years of service
What is the cost of the pre-medicare medical?
Length of Service Monthly Costs
Single Family
30 + years $10 $20
25 – 29 years $12 $30
20 – 24 years $16 $40
15 – 19 years $20 $50
10 – 14 years $30 $65
* approximate amounts
 
New rates may be established annually based on page 196 of our Contract.
 
Length of Service % cost  of the Company Premium
Fewer than 20 80%
20 – 24 60%
25 – over 40%

Cost will increase annually as the cost of the coverage increases.
2003 rates* 80% 60% 40%
1 Adult $201.90 $151.43 $100.95
2 Adult $423.99 $317.99 $212.00
1 Adult & Children $383.61 $287.71 $191.80
2 Adult & Children $605.70 $454.28 $302.85
*rates for 2003 only
What is available and what is the cost after medicare? Company Paid After Medicare plan or continuation of the Before Medicare plan with Flight Attendant paying the cost over the Company cost of the After Medicare plan.

One or more Supplemental plans to Medicare with Flight Attendant paying the full cost minus a Company contribution of $90 per month.

 

 

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