Upon retirement, eligible employees between the ages of 55 and 65 who have at least 15 years of creditable employment with a public employer (10 of which shall have been completed immediately preceding retirement) are offered early retiree insurance to continue their State insurance until they become eligible for Medicare. Complete eligibility requirements can be found in IC 5-10-8-8 or in the Benefiting You handbook. Eligible retirees will have 90 days from their retirement to elect early retiree insurance coverage.
| Plan | Coverage | Early Retiree Insurance Rate (2024) |
| CDHP 1 |
Single Family | $735.97 $2,042.47 |
| CDHP 1 with Non-Tobacco Use Incentive |
Single Family | $660.14 $1,966.64 |
| CDHP 2 |
Single Family | $793.17 $2,205.88 |
| CDHP 2 with Non-Tobacco Use Incentive |
Single Family | $717.34 $2,130.05 |
| Traditional |
Single Family | $976.21 $2,759.68 |
| Traditional with Non-Tobacco Use Incentive |
Single Family | $900.38 $2,683.85 |
| Dental and Vision Rates | ||
| Dental |
Single Family |
$25.35 $66.56 |
| Vision |
Single Family |
$5.07 $12.48 |
Additional Information
- Plan Rates and Summaries
- Benefiting You handbook
- Early Retiree Insurance Program frequently asked questions
- Carrier Contact Information
- Retiree Leave Conversion Program
SECURIAN
Employees previously insured under the State of Indiana Term Life and Basic AD&D insurance program may elect to continue all or a portion of their in force insurance, as well as any in force insurance for dependents. Please contact Securian at 1-866-365-2374 if you have additional questions.
Differences between converting and porting your life insurance can be reviewed in the Porting Life Insurance file.
Porting Life Insurance Coverage: You may download the form or you may request continuation forms from Securian.
Conversion/Election to Transfer Life Insurance Coverage: You may download the form or you may request continuation forms from Securian.
The completed application must be received by Securian within the requested timeframe.
Additional Links
- State of Indiana Retirement Medical Benefits Account Plan
- Indiana Public Employees Retirement System
- Hoosier START (Deferred Compensation)