Where Are Retirees and Their Family Members Positioned

RETIREES

Welcome to the Extranet Portal for Retirees of the IDB Group!

This Portal is intended to make available to our retirees, including surviving beneficiaries, relevant and up-to-appointment information about IDB Grouping medical, pension and tax benefits. Additionally, this valuable resources provides tools that enable retirees to securely and efficiently access IDB Grouping services.

Pension Plans Announcements

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Beloved Participant in the IDB Group Retirement Plans:

Following the IDB Group's decision that Headquarter Offices, Ashburn, and Country Offices, will be working remotely starting Monday, March sixteen, 2020, and until farther notice, we want to remind you of all the resources that the Executive Secretariat of the Retirement Plans has available to serve our participants.

For agile participants, please ship whatsoever request to VPF/SRP@iadb.org, contact a Pension Officer, or phone call (202) 623-3560; this line will remain available during business hours (Monday through Fri 9 am to 5:thirty pm EST). Besides, you can find valuable information in our VPF/SRP Intranet site.

For retired participants, please send any asking to VPF/SRP@iadb.org or phone call (202) 623-3560, this line will remain available during business hours (Monday through Friday ix am to 5:30 pm EST). Also, you can find valuable data in our Extranet and by accessing these links:

• Access your RSS
• Obtain your Payslip in Chrome | Safari
• Obtain a Alimony Certificate in Chrome | Safari
• Obtain your Form 1099-R

For questions regarding the access or usage of the Retiree Self-Service, please send an e-mail to PENSIONS@IADB.ORG or call our back up line at (202) 312-4420 leaving a message including a phone number or email so we may contact you.

Delight note that the asking to submit the Certificate of Eligibility for Pension form has been postponed. We will inform y'all of the new date to present this Certificate in due fourth dimension.

We would like to accept this opportunity to provide you some details on the Plans' assets in light of the volatility of the fiscal markets in recent weeks.

• In 2019, the Plans achieved superior returns, averaging over 20% nominal and 17% real (after inflation and fees).

• The Plans are very well-funded from an actuarial perspective, with required contributions well below the rates that the Bank has contributed over the past five years.  As a issue, the three largest plans have robust Stabilization Reserve fund investments, which are allocated to low-take a chance fixed income asset classes.

• While the recent fiscal markets news has been dominated by equities declines, our retirement plans are invested in diversified nugget classes, with total plan returns supported past many of the lower-risk, fixed income components. The asset diversification supports the Plans' long-term ability to encounter or exceed expected existent returns.

Our teams are fully prepared to proceed providing a quality service.
Sincerely,
Executive Secretariat of the IDB Group Retirement Plans

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THE ANNUAL REPORTS FOR 2020 ARE NOW Available

• 2020 SRP ANNUAL Report
• 2020 LRP Annual Study

Medical Program Announcements

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Updates on the Medical Benefits Plan (January 2022)

Dear colleagues, Equally members of the IDB Grouping Medical Benefits Program, we want to inform yous near an update on the program in response to the development of the COVID-xix pandemic. Service Updated Provision Effective Date COVID-19 testing for exposure/diagnosis purposes Until further notice, the Medical Benefits Program will continue to encompass tests for exposure/diagnosis purposes with no member co-pay when prescribed or ordered past a doctor or conducted by another authorized professional. Please exist advised that in the U.S, PCR tests administered at retail pharmacy bondage such equally CVS and Walgreens, qualify as ordered past an authorized professional person and therefore will be covered . Although members may obtain tests at the offices of their physicians, tests administered at sites such as CVS and Walgreens are covered due to their established procedures for utilizing authorized professionals to administer, process and read the tests. Delight annotation: COVID tests through out-of-network providers in the U.S will be subject to Reasonable and Customary rates, as defined in our Medical Benefits Handbook. Retroactive to January 1, 2022 "Return to school" COVID-19 testing Until further find, the Medical Benefits Program will embrace tests performed for "Return to school" with no fellow member co-pay when prescribed or ordered by a physician or conducted by an authorized professional person. No exposure or symptomatic diagnosis is required. Please note : Many testing sites offer PCR tests have their systems gear up upwardly to deny tests performed for "return to school" purposes. If you meet this at your chosen examination site, you lot must pay out-of-pocket for the test and file a claim with Aetna for reimbursement. If a claim for this blazon of testing submitted electronically by a provider is denied, please contact us at HRD-INS@iadb.org Retroactive to January 1, 2022 COVID-xix testing for IDB Group business travel The Medical Benefits Program volition no longer cover COVID-19 testing for IDB Group business travel. Consistent with other eligible IDB Group business organisation travel expenses, these tests will take to be paid in advance past the traveling employee, who upon their render will have to request a reimbursement from their respective departments through a Statement of Expenses. January 1, 2022 COVID-19 testing for personal/family travel COVID-19 tests for personal/family unit travel must be covered exclusively by the traveling member. Neither the IDB Group nor the Medical Benefits Programme will pay for COVID-nineteen tests for personal/family unit travel. January i, 2022 COVID-19 Abode Test Kits FOR MEMBERS IN THE US: Effective January 15, y'all may obtain - at no cost to you - upward to eight (viii) COVID-19 home tests per eligible member and eligible dependent per month. You may obtain the tests at any in-network pharmacy with Express Scripts. Most large retail chain pharmacies such as CVS, Walgreens, and large grocery shop chains are in-network. How to obtain your home tests? To bank check out with your supply of tests, you must get to the pharmacy window and present your Express Scripts ID card. The Limited Scripts organisation will runway the number of tests obtained for yous and your eligible dependents, and y'all will not be charged unless you exceed the 8-exam per member per month limit. If you choose to purchase any of the eligible habitation tests online, you must pay out-of-pocket and file a claim for reimbursement with Limited Scripts. If you purchase more the immune quantities, y'all must pay out-of-pocket, and you will not be reimbursed. Note that Express Scripts is working to ensure an acceptable supply of tests, simply due to current circumstances supplies may be low at whatsoever given time. Which brands of tests are covered through the program? The following brands of home tests are eligible under this program: INTELISWAB COVID-19 RAPID TEST             COVID-19 ANTIGEN TEST   2 BINAXNOW COVID-19 AG Self Exam           COVID-19 ANTIGEN Examination   2 QUICKVUE AT-Dwelling COVID-nineteen Exam          COVID-19 ANTIGEN Exam   25 QUICKVUE AT-Dwelling COVID-19 TEST           COVID-xix ANTIGEN TEST   5 QUICKVUE At-home COVID-19 TEST           COVID-19 ANTIGEN TEST   ii ELLUME COVID-19 HOME Exam                     COVID-nineteen ANTIGEN TEST   one FLOWFLEX COVID-19 AG Dwelling Test          COVID-19 ANTIGEN Exam   one FLOWFLEX COVID-19 AG HOME TEST          COVID-xix ANTIGEN Examination   2 How to find an in-network pharmacy? If yous have whatever doubtfulness well-nigh whether a pharmacy is in-network, yous may: Use the "Find a Pharmacy" link on the Express Scripts mobile app , or Search on the Limited Scripts website under "Help" and choose the "Find a Chemist's" or, Search on the Express Scripts website nether "Help," and choose the "Find a Pharmacy" icon. FOR MEMBERS OUTSIDE OF THE US: Effective January fifteen, you may obtain up to eight (8) COVID-xix domicile tests per eligible fellow member and eligible dependent per month. Members outside of the U.S. must pay out-of-pocket for purchasing home COVID-19 tests and file claims for reimbursement through Aetna International using the standard claim submission process. You will not be reimbursed for purchases exceeding eight (8) tests per calendar month per eligible fellow member and eligible dependent. January fifteen, 2022 We continue to monitor the health aspects of the COVID-19 pandemic closely and work with our administrators, Aetna International and Express Scripts, Inc., to assist you with your healthcare needs as the pandemic evolves. For inquiries, please go in bear upon with us at HRD-INS@iadb.org . Regards, Human Resources Department

Important Deadlines in the Medical Benefits Plan (December 2021)

Dear colleagues, As members of the IDB Group Medical Benefits Plan, nosotros would like to inform you almost upcoming changes in the plan in response to the recent evolution of the COVID-19 pandemic. Service Updated Provision Effective Appointment Reimbursement of claims incurred in 2021 The deadline to submit claims for reimbursement for services incurred in 2021 will be June 30, 2022. We urge you lot to submit your claims as soon every bit possible, so you may receive the corresponding reimbursements. June xxx, 2022 Rx Prescriptions As of January one, 2022, and consistent with prior practice, members outside of the U.S. must continue to have a current prescription for any medication for which they are filing a merits for reimbursement. Remember that you must submit the receipt for the purchase, and a copy of the valid prescription with each reimbursement claim, even if you are taking a medication over a period of time. January ane, 2022 Telemedicine The IDB Medical Benefits Program volition continue to cover until farther detect telemedicine visits with members' primary care physicians and specialists who are offering them in lieu of, or in addition to, office visits. Coinsurance and deductibles of regular office visits will continue to apply. Out-of-network services in the US, both for telemedicine and regular part visits, volition exist subject to Reasonable and Customary rates This applies to all members whose providers directly offer telemedicine services, both in and outside the U.S. Jan 1, 2022 Telemedicine – Behavioral Health Telemedicine services for behavioral health will continue to be offered until further notice to all members, both in and exterior the U.S., with no coinsurance. Out-of-network services in the U.s.a. volition be subject to deductibles and Reasonable and Customary rates. Coinsurance and deductibles for in-role visits will apply. January 1, 2022 COVID-19 Testing All COVID-19 tests for diagnosis/exposure conclusion purposes volition go along to exist offered without copayment through the Medical Benefits Program if provided that they are supported past medical prescriptions/authorizations. COVID tests through out-of-network providers in the US will be discipline to Reasonable and Customary rates. IDB Group business travel COVID-xix testing will no longer exist covered by the Medical Benefits Program. Consequent with other eligible IDB Group business travel expenses, these tests will have to be paid in advance by the traveling employee, who upon their return volition have to request a reimbursement from their respective departments through a Statement of Expenses. COVID-19 tests for personal/family travel must be covered exclusively by the traveling member. Neither the IDB Group nor the Medical Benefits Program will pay for COVID tests for personal/family travel whatsoever longer. Jan 1, 2022 vHealth telemedicine program vHealth will continue to be provided until further notice to all the members of the Medical Benefits Plan. vHealth is a telemedicine service provided through Aetna International at no charge to members to provide video or telephone appointments with highly qualified primary care physicians who tin can assistance with routine care or referrals as may exist needed. If yous accept not yet registered for this service, we encourage you to do then. The introductory materials and registration instructions sent previously are attached here for your convenience. January i, 2022 Moreover, we would similar to remind you that in 2022 you will continue to be enrolled in Teladoc Medical Experts, a firm that provides medical second opinion services. Yous should have received a advice from Teladoc with a link to set up your business relationship. If you did not receive this advice, please contact HRD/INS at HRD-INS@iadb.org or at (202) 623-3090. Nosotros continue to monitor the health aspects of the COVID-xix pandemic closely and work with our administrators, Aetna International and Express Scripts, Inc., to assist you with your healthcare needs as the pandemic evolves. Regards,  Human Resources Department

Applied Behavioral Assay (ABA) Therapy is Now a Covered Benefit for Autism  - 12/20/2019

Dear members of the Medical Benefits Program, Later on careful consideration, the IDB Administration has approved the inclusion of Applied Behavioral Assay (ABA) therapy as a covered benefit for dependent children under 19 years of age  who have a formal diagnosis of autism, finer immediately. This benefit will carry an annual limit of $twoscore,000 for ABA services for each properly diagnosed child. Any costs for ABA therapy in excess of $twoscore,000 annually volition be the responsibility of the plan member. Plan members are strongly encouraged to contact Aetna International in advance of first ABA therapy to ensure that pre-handling assessments to make up one's mind the proper treatment plan for the child and to confirm medical necessity for this type of therapy are completed. Completing these initial steps will help in ensuring coverage of the requested services and payment of claims without filibuster. Members in the US will have admission to Aetna's specially trained Autism Advocates to help with these pre-handling steps. They tin can besides assist in locating licensed in-network providers and in coordinating other resources for family support. As always, use of in-network providers is encouraged as the out-of-pocket toll of care will be less than when out-of-network providers are selected.  To connect with an Autism Advocate, members in the United states should call i-866-724-0604 (TTY: 711), Option v.  Members desiring ABA therapy outside the U.s.a. should telephone call Aetna Fellow member Services at 1-888-633-1055 and ask to exist transferred to the IDB Care Squad Manager for assistance in locating providers and establishing ABA therapy in their respective countries. This benefit will exist covered at 90% in-network, or 80% of Reasonable & Customary charges out-of-network after the applicable deductible has been met for International Programme members; and at 50% for National Plan members. If you have questions about this do good, yous may contact the Well-Being and Wellness Benefits Team at (202) 623-3090 or by electronic mail at HRD/INS@iadb.org Sincerely, Well-Being and Wellness Benefits Team

Medicare Reimbursement Proclamation

Dear IADB retirees, Please note that in accordance with Article 12 of PE-333, if you are a Medicare Part B participant, you lot must submit your premium reimbursement claims to the P&A Group inside 24 months of the date of the invoice with proof of payment attached; otherwise, unreimbursed Medicare Function B premium claims older than ii (two) years will lapse and go ineligible for reimbursement. If you lot have any questions about this policy or the P&A Grouping reimbursement program in general, please contact Carmen Sanabria for assistance at mariadcs@iadb.org or calling (202) 623-3137. Sincerely, HRD/INS

Medicare Part D Announcement

Dear Retiree: This letter of the alphabet serves as find to all Medicare-eligible and Medicare participating retirees about your option Not to participate in Medicare Part D coverage considering the IDB wellness plan already provides pharmacy benefits for you and your eligible dependents. Please read this notice carefully and keep it where you tin find it.  This find has information about your electric current prescription drug coverage with the Inter-American Evolution Depository financial institution through Cigna and prescription drug coverage available for people with Medicare.  It also explains the options you take under Medicare prescription drug coverage and can help you decide whether or not you lot want to enroll.  At the cease of this notice is data well-nigh where you can get help to brand decisions about your prescription drug coverage. Medicare prescription drug coverage became available in 2006 to everyone with Medicare through Medicare prescription drug plans and Medicare Advantage Plans (like an HMO or PPO) that offer prescription drug coverage. All Medicare prescription drug plans provide at to the lowest degree a standard level of coverage prepare past Medicare. Some plans may also offer more coverage for a college monthly premium. The Depository financial institution'southward Benefit Consultants have determined that the prescription drug coverage offered past the Inter-American Development Bank is, on boilerplate for all plan participants, expected to pay out as much as the standard Medicare prescription drug coverage will pay and is considered Creditable Coverage. __________________________________________________________________________________________ Because your existing coverage is on average at least every bit good as standard Medicare prescription drug coverage, you can keep this coverage and not pay actress if you after decide to enroll in Medicare prescription drug coverage. The IDB Programme includes a prescription drug benefit for all participants. Benefits are provided for brand name and generic prescription drugs. The Plan pays 100% of the charges less the corresponding co-pays per the tabular array below. PRESCRIPTION DRUG BENEFITS In the USA Tier Co-pay Retail Co-pay Post-gild* thirty-day supply 90-twenty-four hours supply Generic $5 $10 Formulary (preferred) Make $15 $30 Non-Formulary Make $thirty $sixty Specialty $40 $eighty Outside the USA Co-pay $5 N/A Lifestyle drugs (e.thou. erectile dysfunction, impotence) • Limit of iv pills per month * $0 post order co-pay for generic and preferred brands, for preventive conditions but such every bit high blood pressure level, high cholesterol, diabetes, asthma, osteoporosis, eye attack and stroke, and prenatal food deficiency Prescription drugs and medicines covered under the IDB Plan are those that are medically necessary and can be obtained merely when prescribed by a Provider who is a md or a dentist. (More information virtually the prescription drug benefit is available in the Insurable Benefits Handbook.) Since the IDB Plan is, on average for all participants, expected to pay out at least as much every bit the standard Medicare prescription drug coverage will pay, electric current participants in the IDB Plan would not proceeds whatever additional prescription coverage by participating in a Medicare plan. You may enroll for Medicare prescription drug coverage when you lot are first eligible for Medicare and each year from October fifteenth through December 7th. However, if y'all lose your current creditable prescription drug coverage through no error of your own, or if y'all determine to terminate your IDB coverage, you will be eligible for a two (2) month special enrollment flow to enroll in a Part D programme. Because your IDB programme is considered Creditable Coverage, if you make up one's mind to continue to participate in the IDB plan without enrolling in Medicare Office D at this time, you will not be subject to a late enrollment penalty if you enroll in Part D at a later date. If you decide to bring together a Medicare drug plan, your current IDB coverage will non be afflicted, but will pay secondary to Medicare.  If you drop your IDB coverage, you will non be able to go it back. Go along in mind that if yous drop your IDB coverage and go 63 days or longer without prescription drug coverage that's at least as good as Medicare's prescription drug coverage, your monthly premium will become up by at least ane% of the Medicare base beneficiary premium per month for every month that you did not have that coverage. For instance, if y'all go 19 months without creditable coverage, your premium will always exist at least xix% college than the Medicare base beneficiary premium. Yous may accept to pay this higher premium equally long every bit you have Medicare prescription drug coverage.  In addition, y'all may accept to look until the following October to enroll. You volition receive this notice annually and at other times in the future such as before the side by side period you tin can enroll in Medicare prescription drug coverage, and if this coverage through Cigna changes.  You besides may request a copy. More detailed data about Medicare plans that offer prescription drug coverage is in the "Medicare & You" handbook. Yous'll get a copy of the handbook in the mail every year from Medicare.  You may also be contacted directly by Medicare prescription drug plans. For more data about Medicare prescription drug plans: Visit www.medicare.gov Call your Land Wellness Insurance Assistance Plan (see the inside back cover of the Medicare & Y'all handbook for their telephone number) for personalized help, Phone call i-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048. For people with limited income and resources, extra help paying for Medicare prescription drug coverage is bachelor.  Data nearly this extra assistance is available from the Social Security Administration (SSA) online at www.socialsecurity.gov, or you can phone call them at 1-800-772-1213 (TTY 1-800-325-0778). Remember:  Go on this Creditable Coverage find handy.  If you lot enroll in one of the Medicare drug plans, you may be required to provide a copy of this notice when you bring together to show that whether or not you are required to pay a higher premium (a penalty). HRD/INS

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Tax Reimbursement Announcements

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2022 Tax Seminar for Retirees	March 4th, 2022
The Tax Administration Office held an online seminar for U.s.a. Taxation payer Retirees on Monday, March 24th, 2022. The session focused on the tax reimbursement process and oft asked questions. The presentation and video of the event are available on the links beneath: Presentation link Video link IDB Tax Administration Office

2019 Revenue enhancement Seminar for Retirees	October tenth, 2019
The Tax Administration Office held information sessions for Retirees on Thursday October 3rd, 2019. The sessions focused on the revenue enhancement reimbursement process, highlights of the changes in the tax reimbursement policy and often asked questions. The presentation and video of the event are available on the links below. Presentation link Video link IDB Taxation Assistants Office

2018 Settlement Procedure Instructions and Forms

March 15th, 2019

The 2018 settlement process is at present open. Instructions and forms for United states Tax Residents and Non-U.s.a. tax filers have been sent past electronic mail and regular postal service. The instructions and forms are too available here. The borderline for submitting the applicable required documents for the 2018 tax year is July 8, 2019 If y'all have whatsoever questions near this procedure, please contact TaxConsultants@iadb.org IDB Tax Administration Role

2018 Forms 1099-R

January 24th, 2019

Your 1099-R forms reporting the taxable IDB Group retirement income paid to you in 2018 has been mailed to your dwelling house address recorded in IDB Group systems, via the U.S. postal service. Your 2018 Form 1099-R is likewise bachelor electronically, and yous may download it from Retiree Self Services by following the instructions in the Retirees IRS Form 1099-R Job Aid.  If you need instructions on how to use Retiree Self Services or if you would similar to actuate your account, delight refer to these resources. If you choose to download your Form 1099-R, please review the "Retiree 1099R Instr with FATCA detect", which includes instructions for reporting your IDB Group retirement income on your federal tax return and the annual observe concerning FATCA requirements for U.South. tax residents receiving Staff Retirement Plan benefits.  Y'all are encouraged to forward these instructions to your tax return preparer (if you engage one) along with the class 1099-R  These instructions were too provided in hard copy along with the 1099-R that was mailed to you, via U.Southward. postal service. If you practice not receive your Form 1099-R in the mail in the next few days, or if yous have questions near the class, please contact TaxConsultants@IADB.org. IDB Revenue enhancement Administration Office

Update on U.Due south Tax Reform and Changes to IDB Tax Reimbursement Policy

December 21th, 2018

Recent changes to the Banking company regulation on "Reimbursement of Income Revenue enhancement on Pensions" are effective first with the 2018 tax year.  Yous may download the text of the revised regulation from the Important Links Section or by clicking hither. The regulation modify will not bear on you lot if you are non paying taxes on your alimony. The revised regulation takes into consideration changes brought about past the recent U.S. taxation reform legislation, and they more than closely align the retiree and staff taxation reimbursement processes.  Here are some highlights of the changes: The standard deduction volition exist applied in computing U.S. revenue enhancement reimbursements regardless of the actual deductions claimed.  The standard deduction is the lowest possible deduction.   Previously, revenue enhancement reimbursements were calculated based on the retiree'south actual deductions. Reimbursements of U.S income taxes will be calculated by applying any applicable expanded child tax credit for dependent children under age 17.  The expanded child tax credit was introduced by U.Due south. taxation reform to supercede federal exemptions.  Formerly, the adding of U.South. revenue enhancement reimbursements took into account the federal exemptions that staff could merits for themselves, a spouse, and whatever dependent children. In lieu of the current settlement procedure, retirees who are subject to U.S. taxes will annually need to provide certain data from their tax return, including information about spouse income, that will be used to finalize the taxation reimbursement calculations for the preceding year.  They will also need to update this data every bit circumstances change, to ensure the accuracy of ongoing quarterly payments. For reimbursement of taxes imposed by countries other than the U.Due south., the regulation provide that reimbursements will be calculated by applying a methodology determined by the Banking concern that is consistent with the full general principles that apply to U.Southward. tax reimbursements, while taking into account the particular rules and requirements of the applicable national tax system. Recipients of U.S. taxation reimbursements should keep in heed that U.S. tax reform may decrease or increase their income tax liability on their IDB Group retirement income, and this will in turn be reflected in the amount of revenue enhancement reimbursement they receive for 2018 and subsequent revenue enhancement years. During the starting time quarter of 2019, the Tax Administration Office volition provide those who receive tax reimbursements with more information well-nigh the process for the coming year too as details virtually an upcoming advisory session regarding the changes. IDB Tax Administration Role

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Source: https://www.iadb.org/en/retirees/retirees

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