Get Involved
- AWL Steward Council
- AWL Steward Council Meets Second Wednesdays AWL Conference Room E&F ........ read more
- Continuing Care Steward Council
- Second Wednesdays 9:30-11:30am MPO Conference Room ........ read more
- Salem Steward Council
- Second Wednesdays 1-5pm Jan: NLR Feb: SKY Mar: NLR May: ........ read more
Click Here for Full Calendar of Events
|
|
||
|
|
|
Understanding Your OFNHP KP Retirement Benefits
(as of November 2011)
Click here for a downloadable PDF of the information below
Click here for a PDF presentation with more detail
Defined Contribution · TECH/RDH: 1% of compensation, vested after 3 years · RN: 1.5% of compensation, vested after 6 months · PRO/LABPRO: 5% of compensation beginning on 2-year anniversary, vested immediately Defined Benefit (Pension) Formula: FAMC x Credited Years of Service x Multiplier x Reduction Factor (Age) = Monthly Benefit Multiplier: RN, TECH, RDH: 1.45% PRO, LABPAO: 1.5% Retiree Medical · 30%/70% Cost Share § 2012 Medicare Eligible: $131.35/person/mo § 2012 Medicare Cost: Addt’l $99.90/person/mo · 15 years of Service (1000+ hours) · Most are eligible at age 65+ · Self-Pay available, if eligible, for under 65 Health Reimbursement Arrangement (HRA) “Pre” Sick Leave Hours – converted to pension credit “Post” Sick Leave Hours – HRA Cashed out at 80% pre-tax to pay for out of pocket eligible medical expenses Eligibility: Leave Kaiser at age 55 or later Have 15 years of service Be benefit eligible for 3 years prior to leaving Defined Benefit Estimates and Forms • Kaiser Permanente Retirement Center • (866)627-2826 Defined Contribution and Tax-Sheltered Annuity (TSA) • Vanguard Group • (800)523-1188 Kaiser Retiree Medical/COBRA/HRA • Kaiser Human Resource Service Center (HRSC) • (877)457-4772 Judy Shafer, NW Region -- Call the Kaiser Human Resource Service Center (HRSC) at (877)457-4772 and ask to be transferred. OFNHP Office: • Mindy Bartlett • (503) 657-9974 x109