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Retiree Medical, Prescription Drug and Mental Health and Substance Abuse Programs - Moore Wallace   
Program Premium Cost
Making Required Premium Payments
How you and your spouse/domestic partner pay premiums to the Plan depends on whether or not you receive a monthly pension from the Pension Plan maintained by a Participating Employer and, if you do, your monthly pension amount. If you receive a pension from another employer’s plan, premiums are not deducted from the other pension. Premiums for you and your spouse/domestic partner can be paid in the following manner:
 | If your monthly pension benefit from your Participating Employer’s Pension Plan (after taxes are withheld) is more than the monthly premiums for coverage for you and your spouse/domestic partner under the Program, premiums for coverage for you and your spouse/domestic partner automatically are deducted from your pension each month. If your monthly pension benefit starts after applicable premiums under the Program are due (without benefit of the 30-day grace period) for you and your spouse/domestic partner, you will be billed until your pension benefit starts.
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| If you do not want monthly premiums for coverage under this Program automatically deducted from your pension each month, you may at any time elect to receive a monthly invoice. You may pay the monthly invoice for coverage for you and your spouse/domestic partner with a personal check, or you may elect to have the required premium deducted from a bank account of your choice. Contact the Benefits Center if you want to arrange this payment option.
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| If your monthly pension benefit from your Participating Employer’s Pension Plan is less than the monthly premiums for coverage for you and your spouse/domestic partner under the Program, or if you are not receiving a pension payment, you will receive an invoice by mail each month.
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| The first payment for you and your spouse/domestic partner is due on or before the effective date of coverage, which is the first of the month. If payment is not received within 30 days of the effective date of coverage, all coverage for you and your spouse/domestic partner retroactively is terminated, and you and your spouse/domestic partner will not be able to reenroll in the Program until the next Annual Enrollment.
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| For ongoing premium payments, payment for you and your spouse/domestic partner is due the first of the month, and you have a 30-day grace period for payment. If you are more than 30 days late with your payment, coverage will be retroactively discontinued to the last date for which full payment was received, and you and your spouse/domestic partner will not be able to reenroll in the Program until the next Annual Enrollment. |
If you choose the Social Security Leveling option as your pension payment method, your pension amount from your Participating Employer’s Pension Plan is greater before you are eligible to start receiving your Social Security payment (age 62) and less once you attain age 62. As described above, if your pension amount is greater than the premiums for coverage for you and your spouse/domestic partner under the Program (after taxes are withheld), the premium for you and your spouse/domestic partner will automatically be deducted from your pension. If your pension amount at age 62 is less than the required premium for coverage for you and your spouse/domestic partner, you will begin receiving monthly invoices. If, after age 62, your pension amount decreases to $0, you will receive monthly invoices both before and after age 62.
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