If you terminate Stanford employment, you may be eligible for COBRA coverage. To learn more, see COBRA in the Medical & Life section. If you are terminating because of a layoff, watch our presentation about your layoff benefits. We also have brochures about when your employment ends.
Reaching your one-year anniversary at Stanford is an important milestone in your career and to your benefits package. As a regular benefits-eligible employee after one year, you are eligible for the Stanford Contributory Retirement Plan (SCRP) and automatically begin receiving a basic contribution of 1% from Stanford. If you elect to contribute to the SCRP plan, Stanford will match your contribution, up to 5%, when you contribute just 4% of your income. For more information, visit the Retirement section.
If you are still an active employee when you turn 65, you may enroll in Medicare although your medical coverage through Stanford does not change. When you have a claim, your Stanford coverage will pay first, and then Medicare will pay after. As an employee, if you do not wish to enroll in Medicare now, you can wait until you retire, or when your employment ends.
If you cover a Registered Domestic Partner or same-sex spouse who is turning age 65, your partner or same-sex spouse must enroll in Medicare.
If you are an official retiree when you turn age 65 and enrolled in medical coverage through Stanford, you will need to enroll in Medicare, and then call Stanford Benefits to change to a Medicare plan and complete the appropriate forms.
As an official retiree, you can enroll in medical and dental coverage through Stanford. You must call Stanford Benefits as soon as you select a retirement date so we can calculate Stanford's contribution toward your retiree health care coverage.
Visit Retirement for details on Stanford's retirement savings programs.
Find information on your health benefits when you retire.
See the program policy for information about Faculty Retirement Incentive Program (FRIP).
 |
Document Download |  |
 |
 |
|
 |
 |
 |
