Retirement
Act Now to Continue Saving with SEANC Insurance By Brenda Hooker
Are You Ready to Retire?
SEANC Insurance Director
Retiring from state service can be an exciting and possibly confusing time for anyone. Luckily, SEANC is here to help. You can still be an active member of SEANC even after your last day on the job. In fact, five of SEANC’s Top 10 Legislative Priorities for 2013 relate specifically to retirees. SEANC advocates to make sure state government keeps your retirement secure. SEANC also fights for expansion of the Bailey Settlement, which exempts public service retirees from state income taxes. Also, SEANC’s discounts and insurance programs can stretch your money further and give your family peace of mind. Retirees receive a discount on their monthly membership dues as well. The state does not alert SEANC when a member retires, so it is very important to contact our office at 800-2222758 to ensure that your membership is maintained and insurance programs continue.
bhooker@seanc.org
To help you with the transition, here’s a few things to keep in mind. 1. At retirement, your SEANC membership dues are reduced to $5 per month — a savings of $48 annually. 2. It can take up to two months for your dues to be deducted from the retirement system, so please contact SEANC prior to your retirement so there is no lapse in your dues, especially if you are a SEANC insurance customer. 3. Be sure to enroll in the term-life insurance program before you retire. Term-life coverage is not available to members once their status changes to retired. 4. Make sure you obtain a SEANC retirement packet and return it to the SEANC Insurance Department. If you submit your SEANC retirement packet after the 10th day of the month, you must include your insurance premium and membership dues for one month. 5. SEANC can be reached at 800-222-2758.
Use CashPoints Global… Here. There. Everywhere.
Note: There is a difference between retirement and disability income, and this difference affects how your dues and insurance premiums are deducted. Contact SEANC to ensure you are correctly categorized.
Hold your next meeting at SEANC! Whatever your destination, SECU’s CashPoints Global is the perfect choice for your travel needs. Visit any SECU branch, www.ncsecu.org or call the Contact Center at 1-888-732-8562 today! CashPoints Global is a controlled spending debit card tied to an SECU account.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
NCUA
National Credit Union Administration, a U.S. Government Agency
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The Reporter • April 2013
www.ncsecu.org
Contact Alicia Miller today at (919) 833-6436 or amiller@seanc.org to reserve a SEANC conference room.