2021 Retiree Health Reimbursement Account (HRA) Subsidy

In May of 2019, the Oklahoma Annual Conference voted to re-structure the Retiree Health Program for eligible retired Clergy, Laity, and Spouses, beginning in the 2020 benefit year.  In August of 2020, the Board of Pensions and Health Benefits (BOPHB) approved the continuation of this program with the same formulation. The projected Retiree HRA Subsidy is based upon the funding level for the Retiree Medical Apportionment requested by the BOPHB and approved by the Council of Finance and Administration in early October. The funding level will be formally set by the Annual Conference vote on November 21, 2020  to approve the 2021 Conference Budget. Until that vote occurs, the amounts shown below are not set, just PROJECTED if funding is provided at the same level as last year.

Eligibility for Retired Clergy & Clergy Spouse funding in 2021 has been determined as follows:       

Eligible participants include Retired Clergy & Retired Local Pastors (who have completed Course of Study) of the Oklahoma Conference, eligible Lay Employees, and spouses and their eligible dependents, who previously met all enrollment obligations in the Conference Health Benefits Plan.

Projected funding levels in 2021, based upon the conditions described above, are:

Total Years of Service % of Core Health Reimbursement (HRA) Projected Annual HRA Amount
25+ 100% $2,400
20 to 24 60% $1,440
15 to 19 40% $960
Under 15 0% $0

 

Clergy who have 25 or more years of service, with 20 or more years prior to 1982 and their spouse will receive an additional $400 on top of the above mentioned HRA amount to help pay for the retiree’s health care premiums or other health related expenses.

Years of Service are determined as follows:

Years of Service will be determined by the Total Years of Service report provided by Wespath Benefits & Investments as defined in ¶357.2 of the 2016 Book of Discipline. In addition, clergy who have previous years as a full time diaconal minister in the Oklahoma Conference prior to ordination will have those years counted for HRA subsidy purposes.

Your annual HRA Subsidy will be provided to Via Benefits, and they will be able to assist you with the 2021 plan elections that most closely fit your needs. We encourage you to contact them at 1-866-249-7785 as you make plans for the upcoming year.

 

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