Comprehensive medical and surgical care provided at participating MVP physicians' offices, and at local affiliated hospitals. Full hospitalization coverage when prescribed by MVP physician. All health plan premiums are deducted on a pre-tax basis unless specifically declined by an individual employee. Coverage is effective after four weeks of service. There are some participating dentists who accept the allowances as payment in full for covered services.
Coverage is effective after six months of service.
The plan, underwritten by the Metropolitan Life Insurance Company, offers several options of amount and type of coverage. This gives you the opportunity to select the benefits that are best suited to your needs and those of your family. Employee contributions are deducted prior to the computation of federal taxes. Retirement is possible at age 55 with certain pension reductions, or at age 55 with 30 years of service and no reduction. Members who terminate employment with the equivalent of at least five years of full-time credited service are vested in the system and are, therefore, entitled to a retirement allowance upon reaching age 55.