Retirement Planning Tips for New York State Employees
Tip of the Month
After I retire, may I cancel my New York State Health Insurance Program (NYSHIP) coverage and re-enroll later?
After you retire, you may cancel your health insurance coverage and later re-enroll. Under most circumstances, you will be subject to a waiting period of up to three months before your coverage becomes effective again. Upon re-enrolling, you will receive the same monthly sick leave credit as before you canceled coverage. For more information, go to the Department of Civil Service website at www.cs.ny.gov or call the Employee Benefits Division at (800) 833-4344.