Medicare If You Work Past the Age of 65

By on October 25, 2015 in Retirement with 36 Comments

Image of Medicare card

An individual who reaches the age of 65 becomes eligible for Medicare. However, if at the time they become eligible for Medicare, they are working at a job that provides them with health insurance, they will not be subject to the 10% Medicare Part B late enrollment if they enroll in Medicare Part B later than age of 65, as long as they enroll within the eight months after they retire.

This is information that I make sure I tell to the attendees at the many pre-retirement seminars given by my firm, Federal Career Experts. However, after reading the “Q&A” section of the July 2015 NARFE magazine, there is something else that I will be passing along to those who are planning on working at their federal job past the age of Medicare eligibility.

Apparently, federal employees who are working past age 65 are being asked to fill out form CMS-L564, Request for Employment Information, in order to prove that they have a group health policy based on their current employment. Those who have waited until after they have retired and sent the form to OPM for the required “employer’s signature”, have had difficulty in getting the form returned. Some NARFE members report that they never got the form returned; while others report that it took so long for OPM to get the form back to them that the 8 month Medicare special enrollment penalty had expired.

In responding to a reader’s question, NARFE suggested that individuals who work at their federal job past the age of 65 and who plan on applying for Medicare upon their retirement have the CMS-L564 completed by their agency before they retire. Good advice.

Even though I have been teaching retirement seminars (and writing for FedSmith) for years, I still find information of which I was not aware when I read publications such as the NARFE magazine. In fact, my favorite part of the magazine is the “Q&A” section. I encourage those of you who are not already members of NARFE to consider becoming a member.

John Grobe’s latest book, The Answer Book on Your Federal Employee Benefits, has just been released by LRP Publications. The book is written in an easy to understand question and answer format and covers all areas of federal benefits from the perspective of an employee at various stages of their career. Order your copy at shoplrp.com.

© 2016 John Grobe. All rights reserved. This article may not be reproduced without express written consent from John Grobe.

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About the Author

John Grobe is President of Federal Career Experts, a consulting firm that specializes in federal retirement and career transition issues. He is also affiliated with TSP Safety Net. John retired from federal service after 25 years of progressively more responsible human resources positions. He is the author of Understanding the Federal Retirement Systems and Career Transition: A Guide for Federal Employees, both published by the Federal Management Institute. Federal Career Experts provides pre-retirement seminars for a wide variety of federal agencies.

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