Early Retirement

Going Back to Work

If you decide to return to work after you’ve already retired, here are a few things to keep in mind:

• Returning to an employer who offers ASEBP benefits: If you are eligible for your employer’s ASEBP benefits, your Early Retirement benefits will be suspended until you leave this position or are no longer eligible for Early Retirement benefits. If you are planning to have your Early Retirement benefits reinstated, you will need to let us know within 31 days of your last working day by completing the Early Retiree Change Application. If you do not complete the form within this time, your Early Retirement benefits will be cancelled. 
• Returning to an employer who doesn’t offer ASEBP benefits: You can choose to continue receiving all or some of your benefits coverage. If you decide not to continue any part of your benefits, you will not be eligible to reapply for coverage once you stop working. Use the Early Retiree Change Application to reduce or cancel your coverage.

Making Changes to Your Early Retirement Benefits

Once you’ve enrolled in Early Retirement benefits, there are only a few changes you can make to your general health benefits. All changes, regardless of the Early Retirement benefits you have, must be made using the Early Retiree Change Application. 

• Increase coverage level: you can only move from single to family coverage for your general health benefits if you get married, lose spousal/alternative coverage or gain a dependant. You have 31 days from one of these events to request an increase in coverage. 
• Decrease coverage: you can move from family to single or covered under spouse/alternative coverage for any of your general health benefits at any time.
• Termination of coverage: you can terminate your Early Retirement benefits at any time.
• Continuing your coverage: you can apply to our MyRetiree Plan even if you aren’t yet 65.

What's Covered

You can find a list of your current and available benefits under Coverage on My ASEBP or on your ASEBP ID card on the My ASEBP Mobile App. For specific details on your coverage, please refer to the applicable Benefits page.

What's Not Covered

• Employee and Family Assistance Program
• Extended Disability Benefits
• Spending Accounts

• For limitations that relate to a specific product or service, please visit the applicable Benefits page.

When You Turn 65

Our Early Retirement benefits will automatically end on the last day of the month of your 65th birthday. Here are some things to consider when you’re approaching your 65th birthday: 

• If you plan to fully retire after turning 65, you can apply to our MyRetiree Plan to continue your coverage indefinitely.
• If you plan to continue working for an ASEBP-participating employer past 65 (with no break in employment), you can choose to continue some of your benefit coverage. See Managing Your Coverage for details.
• If you're entering a new employment contract and are over 65, you may be eligible for the Supplemental Package. Learn more about these benefits on the Supplemental Package page.
• The eligibility criteria for the Coverage for Seniors program changed effective March 1, 2020. The new change states that family members younger than 65 years of age will no longer be covered by the Coverage for Seniors program. Albertans 65 years of age and older will continue to be covered by the program. For more information, visit this resource from the Government of Alberta.