The NJREA will hold the spring luncheon on April 18, 2024. The luncheon will be an in-person event at a NEW LOCATION. We look forward to seeing you there. Attendance options are available if you are unable to stay for the entire event.
The Centers for Medicare & Medicaid Services (CMS) in November announced the 2024 premiums for Medicare Part B.
Since Jan. 1, 2012, all Medicare-eligible retirees enrolled in the School Employees’ Health Benefits Program (SEHBP) are automatically enrolled in the state-selected Medicare prescription plan, which is currently OptumRx. This program includes the Medicare-eligible retiree to be enrolled automatically in Medicare Part D.
In September, the School Employees’ Health Benefits Commission (SEHBC) approved rates for the School Employees’ Health Benefits Program (SEHBP), from which many of our retired members received their benefits, for Plan Year 2024.
Retirees who elect coverage through the state in the dental expense plan will see an increase in their premiums beginning Jan. 1. The prescription plans will also see rate changes.
Market value, unaudited, as of 6/30/2023. May not reflect the current market values of some alternative investments through the period noted, due to lags in reporting under industry standards.
For questions and/or concerns, or if your county is not listed, please check your county newsletter or reach out to your county REA for more information. For trip details, check your county newsletter.
Retirees enrolled in either of the Aetna Medicare Advantage PPO Plans (PPO ESA 10 or PPO ESA 15) for 2024 will be issued new insurance cards later this year. Retirees should continue to use their old cards until Jan. 1, 2024, or until they receive their new card in the mail.
NJREA retiree Aetna / Horizon health benefits can be deleted or drastically reduced with just one stroke of a pen. The benefits are a line item in the governor's budget…
Since the 2023-24 state budget includes a third full payment to the pension system, many people are wondering if the COLA reinstatement will soon follow. Considering the high inflation, we…