Open enrollment, which continues through Nov. 30, is the time when employees may change their medical and/or dental plans and add or delete coverage for family members. There are some important changes to medical coverage for 2007. The Public Employees Benefits Board (PEBB) will discontinue Group Health Options and offer some new choices — Group […]
The state Public Employees Benefits Board (PEBB) approved a number of changes that will affect employees enrolled in state health insurance plans beginning Jan. 1, 2007. • New options: “Value plans,” previously requested by employees, will feature lower monthly premiums with higher co-payments and a small deductible. Traditional managed-care plans with a higher premium, lower […]
Website calculates retirement benefitsEmployees participating in PERS 1, 2 or 3 have just been sent their 2004-2005 annual statements. With this information, they can create their own retirement benefit estimates. Based on the actual data in their account, including service credit, they can determine the earliest date they would be eligible to retire.To do this, […]
Not sure of the amount deducted from your paycheck for your retirement savings? Can’t remember what the waiting period is on your long-term disability plan? You can find out quickly and easily by using the computer to see the range of benefits in which you’re enrolled at WSU. You also can use this link periodically […]
You can make changes to your benefits coverage for 2005 during the open enrollment period that ends Nov. 30. Here are some issues you may want to consider and research as you make your decisions: • Did you know you are able to use the computer to see what benefits you are enrolled in today? […]
Jan Rauk and Marie Weiss will give presentations and answer questions during two open benefits sessions: 10:30 a.m.-2 p.m. Monday, Oct. 11, at WSU Tri-Cities, and 9 a.m.-2:30 p.m. Tuesday, Oct. 12, at WSU Vancouver.Rauk, associate director of Benefits Services, will present topics including: phased retirement and flexible spending accounts for 2005, and the laws […]
At a time when salary increases are at a minimum, the university’s executive leadership has established a new means by which to increase net disposable income — medical flexible spending accounts. Employees will be able to invest in medical flexible spending accounts starting Jan. 1, 2004. These accounts let you deposit money from your before-tax […]
This year’s fair will be important to employees considering 2003 plan changes and premium increases. It will give them a chance to “shop plans” and select the one that best meets their insurance needs. Employees can save for retirement on a pretax basis. Where does one begin? First, review changes in the plan in which […]
Tracking and managing your earnings and benefits — including health insurance, life insurance, W-4 withholding status, disability insurance, retirement contributions, direct deposit, deferred compensation and earnings — has never been easier or faster. Thanks to efforts by the Payroll Services and Benefit Services offices, www.wsu.edu/benpay/index.html, employees and students can now review and manage their earnings […]
Optional life and health insurance deductions must be collected during each semi-monthly pay cycle. Nonannual employees, with either academic or cyclic appointments, are not paid every semi-monthly pay cycle. Most academic employees have a nonwork period from May 16 through August 15, 2002. Cyclic employees also have a nonwork period during the summer. Both academic […]