Coverage under the University-paid PEBB insurance package of medical, dental, basic life, and basic long term disability will continue through the summer months for faculty and staff on less than 11 month appointments, provided they return to eligible pay status in September.
Medical Insurance and Optional Life Insurance
For most less than 11 month employees, insurance premiums are ballooned from April through June to cover the premiums for the summer months. Those who have additional summer appointments will not have premiums deducted from their summer pay, due to the ballooning process.
Medical Insurance and Optional Life Insurance – General Information
For most less than 11 month employees, double insurance premiums are deducted (ballooned) from April 10 through June 25 to collect premiums due for July through September. If your insurance premiums are ballooned and you receive pay anytime in July through September, no medical or life premiums will be deducted.
Supplemental employee and/or spouse optional life insurance – Special Notice
On April 10, 2012 a double premium should have been taken but did not happen for supplemental employee and supplemental spouse optional life insurance. A one-time triple amount will be deducted April 25, 2012 to bring these premiums up to date. Double premiums will happen May 10 through June 25.
Optional Long-Term Disability
Premiums are required and deducted based on actual eligible salary as it is paid. No premiums are required during the months when such employees are on their scheduled summer break. Those employees who elect to use accrued annual leave time or who work and are paid during the summer will find LTD premium deductions on those checks.
Contact Liberty Mutual Insurance to have your summer premiums billed to your home directly while you are not in pay status. Payroll deductions will resume when you return to pay status. The phone number for Liberty Mutual Insurance is 1-800-981-2372.
Flexible Spending Account (FSA)
FSA deductions will be taken from pay issued in July through September. If no pay is issued for one or more summer pay periods, all uncollected summer deductions will be taken from October 10 pay.
Basic retirement deductions will be taken from any eligible pay received during the summer. Voluntary Investment Program (VIP) deductions will be taken any pay period in which you receive a paycheck, up to your 2011 maximum deferral limit.
If you have questions, please contact us via email at email@example.com or by phone at 509-359-2488.