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.
