Important Update on retiree benefits for those who are not yet Medicare eligible:
During the market review, our benefits design partner confirmed it is no longer standard for companies to provide retiree benefit plans, now that sufficient alternative options are available in the market. As such, we have sunset retiree medical, dental, and vision and EAP as of December 31, 2022. COBRA coverage continues to be available to all benefit eligible employees departing from Salem Health.
What do I do next?
1. Salem Health recommends that you reach out to an outside benefit or retirement consultant to review and fully understand all of the benefit options that are available to you, including what is offered through Salem Health.
SHIBA, an Oregon state program that offers free counseling to those who are ready to sign up for Medicare. 800-722-4134
Social Security Administration 800-772-1213
Medicare 800-633-4227
Fidelity Representatives – can meet with you one on one (virtually or in-person) who can provide financial planning guidance. 800-343-0860
2. Notify your supervisor and complete the Resignation Form through MyHR. For instructions on completing this process, CLICK HERE
3. If you have worked for Salem Health for at least 10 years, you are eligible to receive a Retirement gift. To confirm eligibility, please CLICK HERE and complete the online form. You will receive additional communication if you meet criteria.
4. If you plan to change to an approved Unscheduled position (U Status), your supervisor will not need to complete the Termination of Employment Form. Your supervisor will enter a status change into Manager Space. Please reference to Paid Time Off Policy regarding this status change as this can affect PTO payout and 401(k) contributions, if applicable.
5. Following separation from employment or movement to a non-benefit eligible position, OptumHealth will mail to your mailing address on file benefit continuation forms and instructions on how to elect continuation of benefits (COBRA). Your current benefits will remain in effect through the end of the month in which separation or movement to non-benefit eligible status occurs.
If you have questions about COBRA, coverage or monthly premium costs prior to receiving your OptumHealth information please contact Benefits Resource Center at 866-468-7272.
6. PTO Accrual, Use, and Payout – Please review the PTO policy.
Questions?
Email human.resources@salemhealth.org or call us at 503-814-1850.
To confirm eligibility for a Retirement Gift please click here and complete the online form.