On the DOL website, the sample Election form for the premium reduction contains 5 questions. According to the form, to qualify a person must answer "yes" to all questions - including the Medicare ineligibility. An employee involuntarily retired, is currently and was previously Medicare eligible, and has elected dental and vision COBRA. Is this former employee eligible for a subsidy of their COBRA?

No.

I believe that the answer is also no. You can inquire further to ask third opinion from the experts on that matter. I think that a previous employee whether involuntary or voluntary retired should also get enough compensation. Angioplasty