Retiree Section

Your Retirement Benefits

• Army Notice of Creditable Coverage 2009
• Army Retiree Letter 2009
• Employee Brochure for Plan Selection Period 2008
• 2009 Rates
• DOD Plan Update 2009
  
• DOD Open Choice PPO Brochure 2009
  
• DOD Summary of Benefits - Open Choice PPO 2009
  
• DOD Rural PPO 2009
  
• DOD Traditional Choice Brochure 2009
  
• DOD Summary of Benefits -Traditional Choice 2009
  
• DOD Summary of Benefits Aetna Global Benefits - Traditional Choice 2009
  
• DOD Dental Plan 2009
• DOD Dental Plan Aetna Global Benefits 2009
• DOD Open Choice Traditional Choice Insert 2009

• *The Retiree Cost of Living Adjustment (COLA) due April 1, 2008, is 2.3% The increase will become effective with your April 1, 2008 annuity check.
  
  
• If you retired from Army NAF before you were age 62, please remember that your supplemental early retirement benefit (SERB), will cease on the 1st of the month of your 62nd birthday. This benefit was only intended to help you get along until you are first eligible for social security benefits.
  
  
• If your spouse dies before you, please make sure to notify the Army NAF Employee Benefits Office of the death. Please send a copy of the death certificate. You may need to rename another beneficiary for your retirement funds. Please keep your beneficiaries informed of how to contact our office at: nafbenefits@fmwrc.army.mil or call toll free 1-877-384-2340.
  
  
• Retirement Plan Beneficiary Change Form
  
  
• Visit the retirement plan section of this website for more information about your retirement plan
  
  
• Contact Retirement Plan Program Manager at NAFretirementplan@conus.army.mil
  
  

Your 401(k) Savings Plan Benefits

• Fidelity Investments offers expert investment advice. You can contact Fidelity Investments at 1-800-835-5093 in the continental United States, or from overseas, dial the AT&T Direct Access number and dial 877-833-9900. You can also access Fidelity's on Line Investment advice through NetBenefits at www.401k.com.
  
  
• Fidelity offers an IRA for retirees. You can rollover your Army NAF 401k Savings Plan account to a Fidelity IRA, free of charge! You can invest in the same funds as you invested in during your employment with Army NAF, and you also have access to the hundreds of other funds that Fidelity Investments has available for their clients. Fidelity can also set up a monthly retirement check to be sent to you from your 401k account, so that you only pay taxes on the money that was paid out of your account during the year.
  
  
• It is possible to avoid the 10% tax penalty for withdrawing your 401k funds before age 59 1/2. If you are interested in this option, please ask a Fidelity Investment counselor about the "substantially equal payments for a period of 5 years, or until age 59 1/2, whichever is longer" option.
  
  
• Once you reach age 70 1/2, you are required to take a minimum retirement distribution (MRD) annually from your 401(k) savings plan account or individual retirement account (IRA). Fidelity Invesments can offer you advice on the amount of your annual MRD IRS requirement, if you are still a Fidelity Invesments customer. If you fail to take an MRD from your 401k or IRA by age 70 1/2, the IRS can subject you to a 50% penalty. To protect your funds from this tax penalty, Fidelity will make the mandatory required distribution (MRD) to you after proper notification.
  

• If you have questions regarding the MRD, contact Fidelity, the IRS or your personal investment advisor.
  
  
• If your spouse dies before you, please make sure to send a new beneficiary designation to the Army NAF Employee Benefits Office, PO Box 100057, Arlington, VA 22210-3057. Make sure you sign and date the beneficiary change letter and please provide your new beneficiaries name, address, ssn, and telephone number. Please keep your beneficiaries informed of how to contact our office at: nafbenefits@fmwrc.army.mil or call toll free 1-877-384-2340.
  
  
• Retiree 401(k) Savings Plan Beneficiary Change Form

• Visit the 401(k) section of this website for more information about your 401(k) plan

• Contact 401(k) Plan Program Manager at NAF401kplan@conus.army.mil

Retiree Medical Benefits

• Army Notice of Creditable Coverage 2009
• Army Retiree Letter 2009
  
• Army Notice of Creditable Coverage 2008
  
• Retiree Medical/Dental Plan Benefits & Premiums for 2008
  
  
• Should I Enroll in the Medicare Part D Prescription Drug Benefit? Read the attached letter sent to all Army NAF Retirees who are currently participating in the DoD NAF HBP Retiree Medical Plan.
  
  
• The 2008 Retiree Medical Premiums and information regarding your retiree medical plan can be found here.
  
  
• If you retired between age 62 and 65 and you were under the waiver of premium retiree medical benefit, please remember that your waiver of premium will cease on the 1st of the month of your 65th birthday. You will then be eligible to participate in the employer subsidized retiree medical. You will pay 30% of the premium and your employer will pay 70% of the premium. This coverage will continue as long as you continue to pay the premiums, or until your death.
  
  
• Remember you must sign up for Medicare Part B at age 65. It is a requirement of the Retiree Medical Plan. Medicare will become the primary insurance payor and your Army NAF Retiree Medical Plan will become your secondary payor. Some of the medical benefits covered by the Army NAF Retiree Medical Plan which are not covered by Medicare include: prescription drugs, hearing and vision benefits, dental benefits. These are reasons you may want to continue your retiree medical coverage after join Medicare Part B. Prescription drug benefits can be a very large expense for alot of retirees.

• Visit the Medical Plan section of this website for more information about your Medical Plan
  
  
• Contact Retiree Medical Program Manager at NAFmedicalplan@conus.army.mil

Retiree Life Insurance Benefits

• If you received a "free life insurance certificate", remember that your coverage will begin to decline at age 66 by 25%, at age 67 by 50% and at age 68 by 75%. The coverage will not reduce below 25% of the original amount we provided you at retirement.
  
  
• If your life insurance beneficiary dies before you, you will need to name another beneficiar(ies). Please be sure to include your new beneficiary name, address, ssn, and telephone number. Make sure to sign and date your beneficiary change letter. Please keep your beneficiaries informed of how to contact our office at: nafbenefits@fmwrc.army.mil or call toll free 1-877-384-2340.
  
  
• Retiree Life Insurance Beneficiary Change Form

• Visit the Life Insurance Plan section of this website for more information about your Life Insurance Plan
  
  
• Contact Retiree Life Insurance Program Manager at NAFlifeplan@conus.army.mil or NAFBenefits@conus.army.mil
  

Long Term Care Insurance

• As long as you continue to pay the premiums to CNA on a quarterly basis after your retirement, your long term care policy will stay in tact. If you need to contact CNA for questions or to begin a claim, you can reach them at 1-877-777-9072 (Mon – Fri, 8:00 – 6:00 EST)

• Visit the Long Term Care Plan section of this website for more information about your Long Term Care Plan
  
  
• Contact Long Term Care Program Manager at NAFLongTermCarePlan@conus.army.mil