VEBADid you know there are more ways to get money into VEBA than just sick leave cash-outs?
· Personal leave cash-outs
· Vacation leave cash-outs
· Monthly mandatory employee contributions
· Monthly direct employer contributions
· Wellness incentives
The average couple retiring today at age 62 will need approximately $50,000* just to cover pre-Medicare health insurance premiums!
*Based on average 2017 PEBB retiree medical and dental rates for subscriber + spouse.
Not all employees are eligible to participate in VEBA. Please contact the Payroll Office regarding eligibility ext. 4307