As an MNEA/NEA Retired member, you are eligible to participate
in some great, cost-saving benefit programs such as:
Liability Protection: Retired members are covered
by $2 million in liability protection when they work as
an occasional substitute in the classroom.
Attorney Referral Program: Retired members continue
to receive two free 30-minute consultation sessions with
any participating attorney and a 30 percent reduction of
the participating attorney’s normal fee for legal work in
the areas of wills and estates, real estate, domestic relations,
consumer protection and traffic violations.
Automobile and Homeowners Insurance: Members have
access to preferential rates, broad coverage, convenient
payments and outstanding service.
Guaranteed-Issue Life Insurance for Retired Members
Over Age 50: No medical exam, no health questions and
no long waiting periods are required. Coverage up to $10,000
is available at age 50 with a low premium of $150 a year.
Life Insurance: NEA has low rates on life insurance
to help you protect your assets, pay estate taxes, or pay
other unexpected bills that might accumulate.
Long Term Care Insurance: Protect your retirement
savings by taking advantage of this insurance coverage for
home health care, assisted living or nursing home expenses.
NEA’s plan is tax-qualified and includes reduced rates and
special features just for members and their families.
Medicare Supplement Program: This program provides
coverage for hospital and medical expenses not covered by
Medicare. The program offers members and their spouses age
65 and older Medicare options A-J at lower prices than most
popular plans. Plans C-J give extra benefits on dental,
vision, chiropractic, hearing care and prescription drugs
at no additional cost. Need help finding a Medicare plan
that is right for you, visit the U.S.
Department of Health and Human Services Web site
Dental
Insurance Group Plan: Great rates are available
for NEA retired members and their families. Choose an HMO
plan or an indemnity plan that gives you the freedom to
go to any dentist. For a list of participating HMO dentists,
go to www.densource.com
and click on the link under “Provider Listing”
for Plans E & H. Scroll down to the “MNEA Enrollment
Packet” link for rates, coverage and an enrollment
application”. If
you have questions or concerns, please call 800-369-3485
or Missouri NEA at 800-392-0236.
Financial Planning: The most common mistake made
by retired investors is being too conservative. How should
you invest? Which investments should you spend first? MNEA’s
financial planning service will provide answers, as well
as asset allocation, rebalancing, and other risk-management
strategies.
Reverse Mortgages: NEA offers reverse mortgages,
a special type of home loan that allows homeowners to convert
some or all of their home equity into cash or monthly income
while retaining home ownership. Members must be at least
62 years of age, occupy the home as their principal residence,
have a small or no mortgage balance, and participate in
a free counseling session to determine if a reverse mortgage
is appropriate for them.
Communications Network: Stay up to date on retirement
and educational issues by accessing MNEA’s Web site at
www.mnea.org, and clicking “At the Capitol.” MNEA also
has a legislative hotline if you are not an Internet user.
Use the NEA Member Benefits Web site to subscribe to Smart
Living News, a monthly, online magazine with articles on
investing, insurance, savings, borrowing and taxes. Plus,
find out more ways NEA Member Benefits can help you save
money by going directly to www.neamb.com.
MBNA Credit Card: Retirees may choose from three,
no-fee credit cards, each loaded with member-only features.
World Points Travel Rewards: Members who have an
NEA credit card can earn travel points toward free air travel,
hotel accommodations, car rental, merchandise and cash.
Unlike most other programs, NEA’s travel reward points can
be redeemed for any
airline, rental car or hotel,
and there are no limits on seating or blackout dates on
airlines.
Travel: Travel abroad and cruise at special MNEA
discounted rates. Choose from group tours or cruises, or
plan your own customized vacation.
Certificate of Deposit or Money Market Account:
Make sure you are receiving the highest yields possible
on your fixed investments by comparing NEA’s rates.
Access Recreational Discount Program:
Through Missouri NEA’s new Access program, members now can
take advantage of thousands of recreational and entertainment
discounts including hotels, restaurants, golf resorts, family
fun centers, comedy clubs, museums and local dining, shopping
and services. To learn more about this new benefit, visit
MNEA’s members
only Web site. You must use your identification number
from your MNEA Access card to log onto the discount program.
Enter your zip code or the state you wish to visit and explore
the discounts available to you.
Additional benefits include travel discounts on cruises
and international tours, rental car discounts, ticket discounts
to Missouri theme parks, Universal Studios and all Anheuser
Busch theme parks, and consumer guides.
