Monday, October 18, 2010

Direct debit payment for MCC retirees coming soon

MCC is announcing the implementation of a convenient new way for retirees to pay for their benefits. Effective Jan. 1, 2011, monthly benefit payments will be automatically deducted from retirees checking or savings accounts. This eliminates retirees having to write and mail checks each month.

Benefit eligible retirees who participate in the MCC sponsored retiree benefits plan, will be making monthly premium contributions by direct debit Automated Clearing House (ACH) through a secure ACH network.

This new program, in addition to adding online benefit enrollment, reflects positive changes MCC has made to provide more efficient and timely service to our retirees.

The change will not affect any plan benefits. All benefits are remaining the same. However, retirees are bound by their choice of MCC insurance elections made during the annual open enrollment period. Retirees may cancel any coverage at any time during the year by notifying human resources in writing.

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