VRSEA

Vermont Retired State Employees' Association, INC.

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Health Insurance - Premium Holiday

8 Aug 2021 8:59 PM | Marc Metayer (Administrator)

Greetings to our VRSEA members!  We bring good news!   VRSEA has learned that State employees and retirees will be receiving  a “premium holiday”, due to a surplus in the State Employees Health Plan fund.  Because there are 26 and not 24 active pay periods, State employees will receive less than a full month’s premium holiday (2 pay periods).  The State has figured that to be 92% of a month.  Hence, State retirees will get 92% of a monthly premium holiday, and will pay only 8% of the normal premium in the August 31 pension check.  After that, regular monthly medical deductions will resume.  Every little bit helps.  We hope you are well and enjoying the summer.


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