The following are Healthcare highlights for employees
who retire with a "60/360" connection. Official plan documents apply
at time of retirement.
"Your Guide to
Retirement Benefits", provides
additional and more detailed retirement information.
For a printable version of these highlights click
Highlights - 60/360 Early Retiree Medical Plan
To be eligible for Amtrak's Early Retiree Medical Plan, an employee
must work up through at least his/her 60th birth date and
have a minimum of 360 credited months of total railroad
service. The U.S. Railroad Retirement Board office can verify the
total months of credited railroad service based upon the employee's
original railroad hire date (with another railroad, if applicable)
and up to his/her retirement date with Amtrak. If an employee meets
the "60/360" criteria, he/she is eligible to participate in Amtrak's
Early Retiree Medical Program.
Important: An employee may be eligible to retire
with a Reduced Age Annuity from the U.S. Railroad Retirement Board
but is not eligible for continued Amtrak
medical benefits without the "60/360" connection. Anything short of
not having both the age and service
requirements - the employee (and dependents) are covered for one
month only after leaving Amtrak. Following that, the employee can
consider medical and/or dental COBRA at his/her expense.
Early Retiree Medical Plan:
The Early Retiree Medical Plan is available up to age 65 and at no
cost. Enrollment is automatic with a current lifetime maximum
of $96,400 per individual. This is a Preferred-Provider Option (PPO)
medical retiree plan wherein 80% of reasonable and customary (R&C)
charges are paid after an individual $100 deductible is met. New PPO
identification cards are issued from United Healthcare after
enrollment. All eligible dependents transfer into the plan at the
same time as the employee.
To increase the level of coverage, the employee (and spouse) can
also consider GA-23111 Plan E which is a supplement to the basic
retiree medical plan. United Healthcare, 1-800-842-5252, administers
this plan. If the spouse is Medicare-eligible, he/she can
participate in the Early Retiree Medical Plan (which would be
secondary insurance), but would not be eligible to participate in
Supplemental Plan GA-23111 Plan E since it does not coordinate with
Medicare. In those cases, the spouse is covered with Medicare as
primary and can consider supplemental plans, United Healthcare's
GA-23111 Plans F or Medicare Part D.
Prescription benefits are available under the
Early Retiree Medical Plan. Routine vision care is not
available nor is mental health coverage.
Continued dental and vision care can be purchased up
to a maximum of 18 months through United Healthcare’s COBRA unit at
800-842-5252. In the event of death, $2,000 life insurance
proceeds is paid to the beneficiary(ies).
Termination of Plan:
When the employee reaches age 65, coverage under the Early Retiree
Medical Plan ceases and Medicare Parts A&B become primary. All
eligible dependents are removed from the Early Retiree Plan (and
Plan E, if it was elected) at the time as well.
If the spouse is not Medicare eligible and still requires coverage,
1) Contact the ADP COBRA unit at 866-381-2659, regarding benefits up
to a maximum of 36 months,
2) Contact United Healthcare at 800-842-5252, regarding GA-23111
Plan C or
3) Check locally for other affordable healthcare options.
Information on costs:
GA-23111 Plan E -
- Increases lifetime coverage from $96,400 to $500,000
- Pays 70% of
remaining 20% of deductible (Brings coverage up to 94% versus 80%)
- The cost is $155 per person, per month.
When retiree reaches 65 they will be covered under Medicare & Amtrak
coverage will stop. All remaining dependents may opt for COBRA
coverage which costs $565 per month for single coverage or $1115 per
month for family coverage.
For more information contact United Healthcare at 800-842-5252 or
view the complete guide
"Your Guide to