At the time of retirement, eligible retiring faculty may continue a portion of their group life insurance coverage at full cost. Family plans are offered if retirees are under age 65. At age 65, spouses and retirees each receive funding toward individual Blue Cross or Principal plans which are supplemental to Medicare. The surviving spouse of a deceased retiree is also entitled to continued coverage. At the time of retirement, eligible retiring faculty have a one-time opportunity to join the Retiree Dental Expense Assistance Plan.
Retirees pay the full cost for dental plan coverage.
Blood Bank Blood Bank membership may be continued for retired faculty members without a lapse in coverage. If the retired faculty member continues enrollment in HMO, Total Health Plus, or Principal Health Care, an annual physical is provided as part of plan coverage. Each fee waiver covers one course up to four credit hours. The value of the fee waiver benefit for graduate courses is considered taxable income. A retired faculty member may enroll in one course per semester at Delaware State University or Delaware Technical and Community College at no cost.