MMC Benefits Handbook
When Participation Ends
Participation in the RRA Plan will end on the first of the following to occur:
- the date of the covered participant's death.
- the date the RRA Plan is amended so that you are no longer eligible for an RRA notional credit.
- the date the RRA Plan is terminated.
- the date you are rehired by the Company as a regular employee eligible for benefits.
- the date you or your spouse/domestic partner no longer meet the eligibility requirements. For example, you or your spouse/domestic partner no longer participates in an individual healthcare insurance coverage option (any combination of medical, prescription drug, dental, and/or vision) through Mercer Marketplace Retiree.
- the last day of the period that you or your spouse/domestic partner have paid contributions for your individual healthcare insurance coverage option if the required contributions are not made.
You paid your premium through March 31 for your medical plan. You receive a bill for April's premium but do not pay it. You receive a late notice on April 25th from the insurer that the premium is due. You still do not pay April's premium and now receive May's bill and do not pay that either. The insurer sends you a policy cancellation notice on May 15. The cancellation is retroactive to March 31. Therefore, because you do not meet the eligibility requirement of participation in an individual healthcare insurance coverage option through the Mercer Marketplace Retiree, you lose your RRA eligibility as of March 31.