Retiree Medical & Group Life Insurance
When you leave K-C, you may be eligible for Retiree Medical and Retiree Group Life Insurance (GLI) based on your age and eligible health and welfare service.
Retiree Medical
If you’re age 55 or older and have 15 or more years of eligible health and welfare service when you leave K-C, you’re eligible for Retiree Medical although you may be required to pay the full cost depending on your hire date. The options available to you and your eligible dependents depend on age and disability status.
Non-Medicare Eligible
If you/your dependents aren’t eligible for Medicare, meaning under age 65 or not disabled, you’ll have access to Non-Medicare K-C Retiree Medical coverage under the K-C Medical Plan. View the Retiree Medical Comparison Chart to compare your Non-Medicare K-C Retiree Medical plan options.
Medicare Eligible
If you/your dependents are eligible for Medicare, meaning at least 65 years of age or disabled, you’ll have access to coverage options through Via Benefits, a supplemental Medicare vendor offering a large selection of individual Medicare supplemental plans.
Retiree Medical Credits (RMCs)
If you were hired before January 1, 2004 and are age 55 or older with 15 or more years of eligible health and welfare service when you leave K-C, you may be eligible for RMCs. RMCs provide financial support you can use toward the cost of your medical coverage and medical expenses in retirement. Payment comes in the form of RMCs if non-Medicare eligible (under age 65 and not disabled) or a Health Reimbursement Account if Medicare eligible (disabled or age 65 or older).
| Years of Service | Credits | Years of Service | Credits |
|---|---|---|---|
| 15 | 40,000 | 23 | 74,400 |
| 16 | 44,300 | 24 | 78,700 |
| 17 | 48,600 | 25 | 83,000 |
| 18 | 52,900 | 26 | 87,300 |
| 19 | 57,200 | 27 | 91,600 |
| 20 | 61,500 | 28 | 95,900 |
| 21 | 65,800 | 29 | 100,200 |
| 22 | 70,100 | 30+ | 104,500 |
Note: Dates vary for bargaining units. Refer to your Collective Bargaining Agreement for more details.
Retiree Group Life Insurance
If you were hired before January 1, 2012, age 55 or older and have 15 or more years of eligible health and welfare service when you leave K-C, you may be eligible for Retiree GLI.
K-C provides Retiree GLI coverage equal to $15,000 at no cost to you. If eligible, this coverage remains in effect during your retirement until death. You're automatically enrolled when you retire, but your beneficiary for active GLI doesn't carry over into retirement. Be sure to designate a beneficiary for your Retiree GLI.
Call Empyrean for more information.
Note: Dates and amounts vary for bargaining units. Refer to your Collective Bargaining Agreement for more details.