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I and hundreds of my colleagues work for one entity (Employer A) and are switching to work for another employer (Employer B). The reasons are boring, and deal with ... guess what... money and politics. In effect, I'm changing employers but not jobs.
I was lucky enough to realize that I was about to lose retiree health insurance access as a result of this (even though I'd have to pay on my own, at least I had access to do so in early retirement). In the nick of time, I discovered that I could retain that insurance if I retired from employer A rather than resign. I have to actually take a 403b payment in order to "prove" that I am retiring (one payment only, that I'll quickly roll over to my IRA). Employer B will reimburse me for my premiums for Employer A's retiree health plan (grossed-up for taxes, since it was previously a pre-tax benefit).
Point of all this: from 12/31/07 to 1/1/08 there will be a 12 hour period during which I will be retired and unemployed.
What am I gonna do all day?
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Rich
Tampa, FL (ESR-bound. Really. I mean it. Seriously.)
As if you didn't know..If the above message happens to contain medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any medical purpose whatsoever. Consult your own doctor for all medical advice.
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