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2. You or your Insurance Coordinator must submit your insurance forms to EGID no later than 30 days prior to your retirement date. 3. If you retain health insurance with EGID and your premium is greater than $105 dollars per month, the difference can be deducted from your OPERS monthly retirement benefit. To do so, complete Part 6 of the OPERS Retirement Notice & Application.
Employees covered by OPERS are eligible for a pension calculated under the planâs. formula at age 65 with at least five years service, or after 30 years of service, whichever is earlier. This requirement is in line with other public sector plans.