January 2021 Intel Retiree News Flash

NOTE: Please do not reply to News Flash – use links provided

WELCOME NEW RETIREES!
Please click here to see our “New Retiree Welcome”

DEADLINE FOR LOGGING INTEL INVOLVED 2020 HOURS IS JAN. 15, 2021 at 3:00p.m. PST

MEDICARE ADVANTAGE PLANS OPEN ENROLLMENT UNTIL MAR. 31, 2021

ANTHEM MEDICARE PREFERRED PPO OFFERING CHANCE FOR FEEDBACK
Due by the end of JAN. 2021

INTEL EXTENDS ELIGIBLE SPECIAL PANDEMIC VOLUNTEER HOURS TO JUNE 1, 2021

FROM THE LEADERSHIP TEAM – Howard High, Leadership Coordinator

Happy New Year! We hope everyone has a happy and healthy 2021.
For a dozen years, through the Intel Retiree Organization (IRO), Intel retirees have been assisting other Intel retirees as they navigate the retirement experience. Since IRO is a volunteer organization, I want to take a moment to thank all our IRO volunteers on our various committees as they decipher news, benefits, or other information for IRO members and those members who contribute their technical expertise to keep our website, Facebook page, News Flash, and other avenues of communication operational. Click to read Howard’s full message.

We are most interested in learning why this option was and/or was not selected. We encourage you CLICK THIS LINK: intelretiree@gmail.com (Subject – “Anthem Medicare Preferred (PPO) Feedback”) to email your feedback by the end of January.
In your email, please indicate

1. Whether or not you chose the Intel offered Anthem Medicare Preferred (PPO)
2. Why you did or did not choose the Intel offered Anthem Medicare Preferred (PPO) – i.e., cost, features, provider network, etc.

We will send your summarized responses to Intel Benefits for their use.
Should you need additional help from the Intel Retiree mailbox, please send it under separate cover.

SERMA AUTO-REIMBURSEMENT FOR NON-IRMP PREMIUMS
Goodbye 2020! Now is the time to collect your 2020 SERMA receipts and submit them. Here’s how: This month’s article includes tips on training resources and support to set up the easy- to-use mobile app, once it’s done, it’s done!

MEDICARE ADVANTAGE PLANS OPEN ENROLLMENT UNTIL MAR. 31, 2021
Medicare Advantage enrollment is open until March 31, 2021. For more information, click on this government website.

PREPARE FOR THE NEW YEAR AND TAXES

W2s will be mailed by Jan. 31, 2021 to the primary address on file.

MEDICAL TAX FORM 1095 The ACA requires employers to report retiree health coverage to the IRS. If you were enrolled in IRMP or had a SERMA balance in the past tax year, you will receive Form 1095 in the mail. Click to read more.

• A Minimum Pension Plan change for Intel Employees that was announced and then the change was reversed
• Discussions about Intel’s competitive environment (Apple and Microsoft making their own silicon)
• A 2017 Bloomberg article about unfunded pensions – with companies identified that have significant unfunded liabilities
• A discussion about how to handle distributions within a retirement account
• A SERMA reimbursement complaint that resulted in the retiree learning an easy monthly method to get it done
• A video of the Intel Folsom Drone display for the Holidays!

Retirees are helping retirees on the IRO Members-Only Facebook Group by sharing interesting, useful information. If you haven’t yet joined, click here to find us.

MEDIA ALERT: CES 2021 to Show How Intel Helps the World ‘Go and Do’ More

When: Monday, Jan. 11, 2021,
10-10:20 a.m. PST

Where: Watch live on the Intel Newsroom