You must be at least 53 and eligible for insurance when you retire from the LDC&C Pension Fund in order to be offered retiree insurance. In general, the health insurance will be the same as you had while you were working until you become eligible for Medicare and it becomes your primary insurance (please see the following question for additional details on transitioning to Medicare primary). There are two exceptions: the death benefit decreases to $2,500 and you are no longer eligible for Short Term Disability benefits once you start retiree insurance. The cost of retiree insurance depends on the number of pension credits you have and whether or not you cover your spouse and or dependent children. The more pension credits you have with the LDC&C Pension Fund, the cheaper your retiree insurance will be. For current retiree insurance rates, visit Retiree Insurance.