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Can retirees and other former employees by plan members? What happens when a participant retires?

April 26, 2017employees happens members participant Plan Retirees retires

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Can retirees and other former employees by plan members? What happens when a participant retires?

1 Answer

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No, retirees and other former employees cannot be Plan members, although when a participant who has satisfied the service, age and participation requirements retires, the retiree becomes eligible to receive benefits for reimbursable medical expenses (post retirement medical benefits).