Learn about the HPAE Retiree Medical Trust
Learn About Your HPAE Retiree Medical Trust (RMT)
Meet a Union Trustee — Ask Questions, Get Answers!
Event Date: Monday, November 4
Location: Auditorium
Come speak with a union trustee to learn how the HPAE Retiree Medical Trust (RMT) helps you prepare for healthcare costs after retirement. Whether you’re new to the Trust or want to understand your benefits better, this is your chance!
What Is the HPAE Retiree Medical Trust?
The RMT is a union-negotiated, tax-free benefit fund that reimburses retirees for healthcare expenses like premiums, copays, prescriptions, and more. It’s professionally managed, federally regulated, and built to support HPAE members and their families.
Why It Matters
- Tax-free reimbursements for medical costs after retirement
- Portable across HPAE employers
- No market risk or taxable withdrawals
- Reflects our union values: healthcare workers supporting each other
Participating Employers Include:
Bergen New Bridge • Christ Hospital • Cooper University • Englewood • Hudson Regional • Jersey Shore • Southern Ocean • Phoenix House • VNA Health Group • Palisades • Inspira • Virtua • Temple Episcopal Campus
How It Works
- Funded by pre-tax payroll deductions and employer contributions
- No enrollment needed — automatic for eligible employees
- Benefits grow with your service and contributions
- Reimbursements for premiums, copays, dental, vision, prescriptions, LTC insurance, and more
Two Types of Benefits
- Regular Monthly Benefit: Lifetime monthly reimbursements for retirees with 5+ years of service
- Employee Account Benefit: Use your account balance for eligible expenses if you don’t yet qualify for monthly benefits
Questions?
- Visit: hpae.zenith-american.com
- Call: (201) 947-8000
- Ask your union trustee at the info session!
Don’t miss this opportunity to learn how the Trust supports your future. Stop by, ask questions, and take control of your retirement healthcare security!