Details on potential changes to extended health coverage
Learn about the potential changes the board is considering for retirement group health benefits.
The Public Service Pension Board of Trustees (board) is reviewing the retirement group health benefits plan to ensure its sustainability. The board closely monitors the plan and costs over time.
In particular, the board is considering changes to extended health care, specifically coverage for prescription drugs. The plan’s benefits consultant has developed possible options for adapting the program. Each option will improve the program’s long-term financial sustainability.