Retiree

Retirees with a THT plan or Employees of Teachers Health Trust can request a Form 1095-C to be digitally generated and sent to you by emailing retirees@ththealth.org with “Form 1095-C” in the subject line. A paper copy is also available, free of charge, by emailing retirees@ththealth.org or calling (702) 794-0272.

Form 1095-C is used to report certain information to the IRS and to certain states’ tax reporting agencies about individuals who are covered by minimum essential coverage to avoid State-assessed individual shared responsibility payment/penalty.

Thinking about retiring? To enroll in a retiree plan offered by the Teachers Health Trust, a retired employee must meet ALL of the following requirements:

• Retire from active employment with Clark County School District between the ages 52-64
• Be continuously employed as a CCSD licensed employee since Spring 2014 or earlier (if your employment began after Spring of 2014, you are not eligible for retiree benefits)
• Be PERS eligible at the time of retirement
• Be enrolled in a THT plan for at least 5 years (60 months) immediately preceding retirement
• Must enroll (or be eligible to postpone enrollment) in the Teachers Health Trust Retiree Plan within 31 calendar days of their loss of active employee coverage

For the full eligibility requirements, see the Summary Plan Description.

Retirees whose hire date is before December 1, 1989, and who meet the above eligibility criteria are eligible for one month of retiree coverage at no cost when they enroll.

The Trustees of the Teachers Health Trust Retirement Plan reserve the right to amend or terminate any of the retiree plans at any time for any reason.

• Retirees can postpone their enrollment in the Teachers Health Trust Retiree Plan for up to 5 years if their partner is an active licensed CCSD employee and enrolls them as a dependent on their THT plan (excluding COBRA plans).
• By postponing their enrollment, retirees also waive their $10,000 life insurance benefit. Upon enrolling on a retiree plan, the life insurance benefit will be reinstated, and the retiree can designate beneficiaries.
• To submit a postponement request, go through the Enrollment Portal and submit a waiver specifying “MOVING ONTO AN ELIGIBLE CCSD TEACHER PLAN AS A DEPENDENT: I wish to Postpone my coverage currently because I am now covered as a dependent under another CCSD teacher plan. I understand I have during which I may enroll in the retiree plan.”
• Retirees who have had their postponement request approved may enroll in the Retiree plan during an open enrollment period or within 31 calendar days of loss of coverage under their partner’s active employee THT plan.
• After the 5 year postponement window has passed, retirees will not be eligible to enroll in any THT retiree plan anytime in the future.

• Eligible retirees are not required to take retiree coverage through THT.
• Retirees must actively enroll in retiree coverage within 31 days of retirement. Otherwise, they will be waived and permanently forfeit their rights to retiree benefits with THT.
• Retirees are eligible for 18 months of COBRA coverage. Retirees may opt for COBRA instead of retiree coverage (sometimes, COBRA is a cheaper premium). However, electing COBRA means permanently forfeiting rights to retiree benefits with THT. Visit the COBRA page to learn more.

• Only dependents that are on your active employee plan when you retire are eligible to carry over to your retiree plan. If you have more eligible dependents to add, you will need to submit a life event or wait for the next annual open enrollment. Dependents on retiree plans are subject to the same eligibility requirements as active employees.
• If you wish to drop dependents from your plan when you retire, your dependents can enroll in a COBRA plan for up to 18 months. Read more about COBRA enrollment.

Upon retirement, go through the enrollment portal to enroll, waive or postpone enrollment. THT will then verify your eligibility and premium criteria with CCSD. THT will provide an estimated premium amount for your first month. Once your enrollment is finalized, you will receive your standard premium amount.

• Start of Enrollment Period: The 31-day enrollment period begins on the last day of your benefits as an active employee with CCSD, and you must complete enrollment within this timeframe to maintain eligibility for retiree benefits.
• If retiring at the end of the school year: your 31-day enrollment period starts on August 31.
• If retiring in the middle of the year: your 31-day enrollment period starts on the last day of the month in which you retired.

The Retiree plan offered by THT is a comprehensive package, including the same medical, pharmacy, dental, and vision benefits as the active employee plans. Enrolled retirees also have a $10,000 life insurance benefit.

Out-of-Area Coverage: If you are moving or plan to move, you may wish to waive your THT plan in favor of a plan that serves your new location. If you are retaining your THT Retiree plan, submit the Out-of-Area form so your network status can be updated to the national network.

International Travel Coverage: THT retiree policies do not provide coverage for international travel. It’s recommended to purchase travel medical insurance for such occasions.

What will my premium be?

Premiums are calculated based on years of service and unused sick days. If you have sold sick days to CCSD upon retirement, they can still be utilized in premium calculations. If you buy out a year with PERS, this does NOT count towards your years of service for determining your premium. For more information, visit the premiums page or use the premium calculator below.

How do I pay my premiums?

Retirees are required to pay for their first premium directly to Teachers Health Trust via check, money order, or ACH transfer. Your subsequent premiums for retirement insurance will be deducted from your PERS check each month after enrollment has been completed.

Retiree Premium Calculator

If you plan to come out of retirement to active teacher status, there are a few things to consider.

• You will be considered a “rehire” and will need to enroll in an active teacher plan just as a new employee would.
  • As an active employee, premiums will be deducted from your CCSD paycheck.
  • Upon reaching your active employee benefits start date, your retiree plan will be terminated.
  • It is your responsibility to notify THT through the member portal upon rehire to cease PERS premium deductions. Any refunds due will be issued via check.

• To retain your retiree eligibility, you must work the same amount of time you were retired.
  • For example, if you were on a retiree plan for 6 months, you need to work for at least 6 months to be eligible for retirement insurance benefits again.

Retirees are eligible for coverage under the Retiree Plan until the end of the month prior to turning 65. At that time, THT will send out a notification about your upcoming termination.

It is recommended to contact Medicare to sign up for benefits at least 3 to 6 months in advance of your 65th birthday. If you do not contact Medicare to sign up in enough time, Medicare will access a late penalty that will remain on your premium until you no longer need your Medicare coverage.

Teachers Health Trust has partnered with Mindy Pretner and Affordable Insurance LV for assistance with obtaining the best possible options that will meet your financial and medical needs at this time in your life.

Join us to learn more about Medicare. Click on the link below at 5:00 p.m. the day of the event.

Dial: 1 (224) 501-3412
Access code: 531-045-325

See upcoming webinar dates.