I am a 120-day retiree. Am I eligible for flexible benefits? Crystal February 28, 2021 20:41 Updated No, you are not eligible for flexible benefits unless you are eligible for medical insurance under the PPACA regulations. Related articles I am retired and now returning to work as a 120-day employee. I am already enrolled in retiree medical, dental and vision coverage. Am I also eligible for active coverage? What happens to my flexible spending account(s) (FSA) in the case of termination or change in employment? I am a 120-day retiree. Am I eligible to enroll in 401k? Voluntary Universal Life Insurance I retired from the state and was rehired within 13 weeks to my former agency making me PPACA eligible. I am eligible for ACTIVE coverage. Does my eligibility include TERM Life?