Deferred retirement

Learn about the terms the Group Insurance Commission (GIC) uses, and what they mean for you and your healthcare.

Definition

This allows you to continue your group health insurance after you leave state service with vested pension rights until you begin to collect a pension. Until you receive a retirement allowance, you will be responsible for the entire life and health insurance premium costs, for which you are billed directly. If you withdraw your pension money, you are not eligible for GIC coverage.

Feedback

Tell us what you think