Post-retirement benefits provided to retirees by McMaster University may include:
Eligibility for post-retirement benefits varies by employee group and may include a co-pay arrangement. Benefit entitlements change upon retirement, depending on the group you belonged to when employed, as well as the date upon which you retired, so it is important to review your entitlements in your retiree benefit booklet.
Your HR Advisor will be able to assist you with what this means for you and to confirm your eligibility.
Retiree benefits are “fixed" at the time of retirement and do not change after that, i.e. they will neither increase or decrease, with the exception of the prescription drug benefit, which becomes a supplemental benefit at age 65 when the Ontario Drug Benefit (or other provincial drug benefit) becomes the primary payer.
If you need further information or assistance, contact:
MURA has a Pensions and Benefits committee whose chairperson you can reach by email at email@example.com.
For additional information on McMaster benefits, see: