Insurance Benefits at Retirement

Employees considering retirement should first contact the Office of Human Resource Management to discuss all necessary steps and requirements.

Retirement Team Member Email Phone
LASERS Employees Todd Langlois tlanglois@lsu.edu 225-578-1880
TRSL/ORP Employees Belinda Doyle bdoyle@lsu.edu 225-578-8293

 

Insurance plans not carried into retirement by the employee cannot be added after retirement. Changes to applicable plans and covered dependents can still be made during Annual Enrollment each year in retirement.

Health Insurance

Retirees may continue medical coverage upon retirement if eligibility requirements for age and years of service under TRSL or LASERS is met. Members of TRSL’s Optional Retirement Plan must meet the eligibility requirements, as defined by the TRSL, to continue coverage. Please contract HRM with any questions concerning retirement eligibility. Employees enrolled in health insurance are required to complete the Health Insurance Continuation/Cancellation Forms. Health insurance (along with AD&D and OGB Life Insurance) premiums will be deducted from the monthly retirement check for TRSL and LASERS retirees. ORP retirees must complete the Authorization for Insurance Deductions Form to have the LSU Payroll draft monthly premiums from your bank account in retirement.

If participation in a health plan through the State of Louisiana began on or after January 1, 2002, the state subsidy of the premium after retirement will be based on the number of years participated in a Group Benefits program. Employees with continuous coverage from prior to 2002 through their retirement are grandfathered into the 75% premium category below.

If a spouse and/or dependent began participating in a health plan through the State of Louisiana on or after July 1, 2002, the state subsidy of their premium after retirement (upon retiree's death) will be based on the number of years they have participated in a Group Benefits program. Please direct any questions regarding your retiree insurance premiums to Payroll/Insurance section at insurancepayroll@lsu.edu.

The following schedule is used in determining the state's subsidy of a retiree's premium. 

Years of Participation Percentage of Premium 2021 Premiums 2022 Premiums
Less than 10 years 19% of premium paid by State 2021 - 19% 2022- 19%
10 years or more, but less than 15 years 38% of premium paid by State 2021 - 38% 2022 - 38%
15 years or more, but less than 20 years 56% of premium paid by State 2021 - 56% 2022 - 56%
20 years or more  75% of premium paid by State 2021 - 75% 2022 - 75%

 

Notice regarding Medicare: Retirees and their dependents who continue their LSU-sponsored medical coverage and who are eligible to enroll in Medicare are required to enroll and remain enrolled in Medicare Part A and Part B. Failure to do so could result in loss of LSU-sponsored coverage. 

Supplemental Insurance

Stand Alone AD&D automatically continues into retirement without a change in premium.  Employees can elect to cancel coverage in Workday at any time prior to retirement.  Contact hr@lsu.edu for assistance.

Retirees can continue their dental coverage for themselves and their eligible dependents. The premium for retirees will remain the same as those for active employees throughout retirement. Invoice and payment options will be automatically mailed to your home address from BRI COBRA LLC, COBRA administrator for Humana.

Humana Customer Service: 800-233-4013

BRI COBRA Customer Service: 866-996-5200

Retirees can continue their vision coverage for themselves and their eligible dependents. The premium for retirees will remain the same as those for active employees throughout retirement. Invoice and payment options will be automatically mailed to your home address from Forrest T Jones, COBRA administrator for EyeMed.

EyeMed Customer Service: 866-939-3633

Forrest T Jones Customer Service: 800-821-7303

You can submit claims for expenses incurred through your last date of employment.  You are eligible to file claims for any remaining funds in this account within 30 days of the end of the month in which you retired. Please refer to Benefits webpage at www.lsu.edu/benefits for additional information regarding claim filing deadlines.

DBS Customer Service: 800-234-1229

Retirees can continue their Identity Protection Insurance at the same premium. Information will be emailed to the address in IdentityForces's system. You can also contact IdentityForce Customer Service to switch to direct pay. Premiums will be paid directly to Identity Force in retirement.

Identity Force Customer Service: 877-694-3367

LSU System Life (UHC): 

  • Employees under age 70 at the time of retirement can elect to port this policy to an individual life policy.  Portability form with new individual premium rates will be mailed to retiree.
  • Employees age 70 or over at the time of retirement can convert policy to a whole life insurance policy.  Conversion form to request a quote for whole life will be mailed to retiree.

OGB Life (Prudential):

  • Term Life Insurance coverage automatically continues through retirement at the same premium rates. 
  • Premiums will be deducted from LASERS and TRSL retirement checks.
  • ORP retirees must complete the Authorization for Insurance Deductions Form to have the LSU Payroll office draft monthly premiums from your bank account in retirement.
  • On January 1st at age, 65, a 25% reduction from the original coverage amount will occur.
  • On January 1st at age 70, an additional 25% reduction from the original coverage amount will occur. 

Long Term Care insurance coverage can be continued into retirement at the same premium rate.

Portability form will be mailed to retiree.  Premiums will be paid directly to UNUM in retirement.

Long-Term Disability, Accident Protection, and Critical Illness Insurance coverage cannot be continued into retirement.