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As your retirement approaches or arrives, you should examine these items.

Beneficiaries

• NYS retirement (if you have selected an appropriate plan)
• City of Syracuse (incorrectly called the PBA insurance) $25,000 free life insurance. At age 60, the coverage reduces to $5,000.
• Fraternal Association
• Deferred Income Plans
• Social Security Income

Health Insurance

• As a retiree, you will be required to pay an annual deductible.
• You must make co-pays per visit.
• You must use mail order (MEDCO) for continuing prescriptions.
• Your surviving spouse may continue health insurance coverage (as stated above), for a monthly premium of approx $90.

Other items to consider

• Joining the Syracuse & Central NY Police Retirees Association
• You may continue coverage of the City of Syracuse Dental Plan (for 18 months), at your cost.
• Update or obtain a gun permit
• SSI & Medicare programs etc
• Getting Direct Deposit via the NYS Retirement Plan
• Loan payments with your credit union or bank that are currently paid via payroll

Addresses - Phone numbers - People to contact

• City of Syracuse (Insurance plans) - Jim Michaels - 315.448.8788
• City of Syracuse (Life insurance) - Martha Thompson - 315.448.5264
• Syracuse Police Fraternal Association - John Kolis (PSB)
• Syracuse & Central NY Police Retirees Association - Michael Marcely at 315.622.9329