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  Last Updated: 01/23/2012
 
   Returning to work after termination/retirement
 

If you have returned to work after termination or retirement, who you are employed by will determine your eligibility to request reimbursements from your HCSP.

If returning to work and employer is:

Am I eligible to request reimbursements from my HCSP?

Not a Minnesota public employer

(example: Target Corporation or State of Wisconsin)
•  Yes
New Minnesota public employer

(example: changing from county employment to city employment)
•  You can request reimbursements of the HCSP account balance that resulted from previous employment.

•  Contributions to the HCSP that result from new employment are not eligible for reimbursement until you terminate with the new employer.
Previous public employer* who sponsored your HCSP and you are not eligible for medical benefits, •  You can request reimbursements of the HCSP account balance that resulted from previous employment.

•  Contributions to the HCSP that result from re-employment are not eligible for reimbursement until you terminate re-employment.
Previous public employer* who sponsored your HCSP and you are eligible for medical benefits (even if you waive those benefits). •  You cannot request reimbursements from the HCSP until you terminate your re-employment.

*Previous public employer: To be considered a previous public employer there must be a termination date and break in service. The following situations are not considered to be a previous public employer and therefore, the employee cannot access their HCSP.

  • State of Minnesota employee who transfers from one state agency to another state agency.
  • MNSCU employee who transfers from one campus/location to another campus/location.
  • Employee who accepts a different job with same employer that results in a change in bargaining unit affiliation or retirement plan coverage (for example, change from TRA to PERA).

Post or Phased Retirement Option

  • State of Minnesota Post Retirement Option (PRO): Employees can access the accumulated HCSP balance that resulted from contributions and earnings up to and including retirement. In addition, each time the PRO agreement is renewed (up to five years), employees can access the dollars contributed to the account attributed to the previous 1-year contract.

  • PERA's Phased Retirement Option (PRO): Employees can access the dollars in their account. The employee will need to indicate their last working date on the Reimbursement Request form.
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