Retiree Dental Plan
Upon retirement from NYU, you and your eligible dependents can enroll in the NYU Retiree Dental Plan through MetLife. This dental plan provides coverage for routine care and can also help protect you against unforeseen and sometimes costly expenses of dental care. For complete details, see Retiree Dental Benefits (PDF).
COBRA Dental Benefits
You may also choose to continue with the same dental coverage you had as an active employee for a maximum period of 18 months under the provisions of a Federal Law known as the Consolidated Omnibus Budget Reconciliation Act (COBRA). This plan offers richer dental benefits than the Retiree dental plan. If you elect coverage, you pay the full cost of the plan plus a 2% administrative fee. After the 18 month period is over, you may then transition to the Retiree Dental Plan.
Discount Vision Plan
You and your dependents are automatically enrolled in the NYU Retiree Discount Vision Plan, provided by VSP, at no cost to you. You select a VSP private-practice provider to receive discounts on eye exams and eyewear. You will receive a VSP Access Plan ID card in the mail. For complete details, see Retiree Discount Vision Plan (PDF).
COBRA Vision Benefits
You may also choose to continue with the same vision coverage you had as an active employee for a maximum period of 18 months under the provisions of a Federal Law known as the Consolidated Omnibus Budget Reconciliation Act (COBRA). This plan offers richer vision benefits than the Retiree Discount Vision Plan. If you elect coverage, you pay the full cost of the plan plus a 2% administrative fee. After the 18 month period is over, you may then transition to the Discount Vision Plan.
Retiree Life Insurance
NYU provides basic retiree life insurance coverage at no cost:
- Local 1 and Sergeants: $30,000
- Local 3882 and Non-Union Staff: $30,000
- Local 810: $20,000
Basic/Supplemental Life Insurance
If you would like to continue your basic and optional supplemental life insurance coverage when you retire, you must convert your NYU group coverage with The Prudential Life Insurance Company to an individual policy within 31 days of your retirement date. For more information about conversion and to estimate your rate, visit Prudential's website.
See the Summary Plan Descriptions (SPDs) for complete details:
At no cost to you, NYU retirees and their families have access to Health Advocate, Inc., the nation's leading independent healthcare advocacy and assistance company. Health Advocate is an independent company made up of nurses, doctors, claims specialists, social workers, etc., who can help you navigate the intricacies of the healthcare system. Simply call Health Advocate at 866-695-8622 or visit HealthAdvocate.com.
You can continue receiving tuition benefits for yourself, your spouse or registered domestic partner, and your dependent children if you meet the retirement eligibility rule. Learn more about Tuition Benefits (Google Doc).
Group Legal Plan
Port your Group Legal Plan that provides access to a nationwide network of more than 12,000 attorneys to help you and every member of your family with vital legal matters such as wills, real estate, estate planning, financial matters, and more. For more information and procedures, see Retiree Group Legal Services Portability (PDF). (Administered by MetLife Legal Plans.)
Voluntary Benefits: Auto, Home, Pet Insurance and Identity Theft Protection
NYU's group auto and homeowners insurance program allows you to receive quotes from three of the nation's most respected auto and home insurance carriers. Pet insurance can be used with any licensed veterinarian in the world. Identity Theft provides solutions for employee’s identity protection For more information, call 866-486-1945 or visit: http://www.nyuvoluntarybenefits.com/