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 Volume 13, Issue 1
February 17, 2022
Dear PARA Member,

PARA has been answering a lot of questions during the past several weeks about the Medicare Part B reimbursement for the 2021 tax year. Please read on so you know the latest.

First, we suggest you read the email that the Port Authority's Human Resources' Benefits Division sent on February 14 to those retirees for whom it had email addresses, now posted on PARA's website. This email was in response to the many questions and issues that Benefits and PARA have been fielding. It is necessarily detailed, and important for you to read it if you are having trouble getting your Medicare Part B premium reimbursement, or know someone who is.

Here are the basics:
  1. File Now! The deadline to file is March 31, 2022. No exceptions.
  2. This is for Medicare Part B premiums only, not Part D.
  3. Not sure if you are eligible? If after reading the email from Benefits you still need to clarify eligibility, send an email to HR_EmployeeBenefits@panynj.gov as soon as possible.
  4. WageWorks, which was acquired by HealthEquity, is the Port Authority's contractor for dispensing the funds.
  5. You must set up an account confirming your information with HealthEquity/WageWorks. This link will take you to the participant login page.
  6. Is your account with HealthEquity/WageWorks underfunded based on the amount deducted for Medicare Part B premiums on your Social Security 1099 form (tax year 2021)? Send an email immediately to HR_EmployeeBenefits@panynj.gov so they can review your account and adjust funding as necessary. Once adjusted, you will need to file for the balance due from HealthEquity/WageWorks.

The process has gone smoothly for many retirees, but we want to help those of you who have run into problems so you can get your reimbursements! HR Benefits has resolved every issue quickly.


Sincerely,


Your PARA Board


PS: Thank you, PARA members, for your continuing support of our retiree community.
Stay in touch by making sure you and your fellow retirees have signed up -- with your current email address -- to receive these eBulletins. If you are not sure whether your dues are current, please read this page. If you need to confirm your dues status, go to the link at the bottom of this page to reach PARA's Treasurer.
What is PARA?
The Port Authority Retirees Association (PARA), a not-for-profit corporation, was formed in 1989 to promote the welfare of retirees of the Port Authority (and PATH). That is accomplished by PARA advocating on behalf of Port Authority retirees. We foster and encourage legislation that maintains or improves our circumstances primarily as it affects the pensions of the New York State Retirement System. PARA has some 4,000 members residing in 39 states and 12 countries. It maintains an active affiliation with the Retired Public Employees Association (RPEA) and the Alliance of Public Retiree Organizations (APRO) representing some 500,000 retirees and beneficiaries in the New York State and Local Retirement System (NYSLRS).
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 Port Authority Retirees Association, Inc. | P.O. Box 67 | Old Bridge, New Jersey 08857
DISCLAIMER: 
The Port Authority Retirees Association, Inc. does not provide, and this notice does not constitute, legal or other professional advice. We recommend you contact your own professional advisor for such matters as neither The Port Authority Retirees Association, Inc., nor anyone associated with this notice, assumes responsibility for your relying on the information provided, even though we have attempted to ensure that it reflects our understanding of what is presented.
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