benefit - Binghamton University

Document Sample
benefit - Binghamton University Powered By Docstoc
					                                                                   BENEFITS AT A GLANCE
                                    MANAGEMENT/CONFIDENTIAL PROFESSIONAL EMPLOYEES
                                                                         BINGHAMTON UNIVERSITY
     BENEFIT                           DESCRIPTION                                      ELIGIBILITY                           EFFECTIVE                         COST
                                                                                                                                DATE
Health                    Options                                              Appointments that are at least half-time   56 day waiting period from   *Empire Plan:
                                                                               and exceed three months in duration.       beginning of professional      Annual Salary of
Insurance/Prescriptions   https://www.cs.ny.gov/ebdonline/ebdonlinecenter/ch
                                                                                                                          obligation.                     $34,520 OR BELOW:
                          oices13/actives/ACTIVES_SET_NY_PE_Choices_2
                          013.pdf                                                                                                                          Individual $ 33.67
                                                                                                                                                           Family     $ 140.67
                          Empire Plan:                                                                                                                   Annual Salary of
                          Blue Cross - Hospitalization                                                                                                     $34,521 OR ABOVE:
                                                                                                                                                           Individual $ 44.89
                          United HealthCare – Major Medical/Surgical.
                                                                                                                                                           Family     $ 167.75
                          For more information go to: www.cs.ny.gov

                                                                                                                                                       *HMO BLUE:
                          Health Maintenance Organizations
                                                                                                                                                         Annual Salary of
                          (HMO):                                                                                                                          $34,520 OR BELOW:
                          Hospitalization and medical/surgical care by                                                                                     Individual $ 115.35
                          designated primary care physicians                                                                                               Family     $ 329.46
                          For more Info go to:                                                                                                           Annual Salary of
                          HMO Blue –                                                                                                                       $34,521 OR ABOVE:
                          https://www.excellusbcbs.com/wps/portal/xl                                                                                       Individual $ 126.34
                          MVP – www.mvphealthcare.com                                                                                                      Family     $ 356.77
                          CDPHP – www.cdphp.com
                                                                                                                                                       *MVP:
                                                                                                                                                         Annual Salary of
                                                                                                                                                          $34,520 OR BELOW:
                                                                                                                                                            Individual $ 53.08
                                                                                                                                                            Family     $ 175.82
                                                                                                                                                         Annual Salary of
                                                                                                                                                           $34,521 OR ABOVE:
                                                                                                                                                            Individual $ 63.49
                                                                                                                                                            Family     $ 201.98

                                                                                                                                                       *CDPHP
                                                                                                                                                         Annual Salary of
                                                                                                                                                          $34,520 OR BELOW:
                                                                                                                                                            Individual $ 61.97
                                                                                                                                                             Family     $ 200.63
                                                                                                                                                         Annual Salary of
                                                                                                                                                           $34,521 OR ABOVE:
                          Effective 1/1/2013 – allows eligible employees who   Must be coverage under an employer-                                         Individual $ 72.61
OPT-OUT Program
                          have other employer-sponsored group health           sponsored group health insurance plan                                       Family      $ 227.34
                          insurance, to opt out of the NYSHIP coverage in      through other employment of your own or
                          exchange for an incentive program.                   a plan through your spouse, domestic                                    * Bi-weekly premiums
                                                                               partner or parent as the result of their                                  effective 1/3/2013
                                                                               employment
     BENEFIT                             DESCRIPTION                                        ELIGIBILITY                             EFFECTIVE                              COST
                                                                                                                                      DATE
Dental Insurance           Partial reimbursement for services through                                                           First of the month after six
                           participating and non-participating providers.                                                       calendar months of
                                                                                   At least half-time and eligible to receive   employment.                      Paid for by New York State.
                           For more Info go to: www.ghi.com                        health insurance




                           Financial assistance in meeting cost of eye exams and                                                56 day waiting period.
Vision Care                glasses/contact lenses.
                           For more Info go to:
                           http://www.cs.ny.gov/ebd/index.cfm


Retirement Systems         Options                                                 Membership for full-time employees is        Vested after 10 years of full-   Effective April 1, 2012, Tier 6
                           ERS (Employees’ Retirement System: Defined              mandatory.                                   time service.                    employee contribution is 3
                           benefit plan; benefits are based on final five years                                                                                  percent of salary thru March 31,
                           average salary and years of employment.                                                                                               2013, then sliding scale
                                                                                                                                                                 between 3-6% based on salary.
                           For more Info go to: www.nystrs.org or                                                                                                __________________________
                           http://www.osc.state.ny.us/retire/index.htm
                                                                                                                                Vested after 366 days in ORP;    Effective April 1, 2012, Tier 6
                           OPTIONAL RETIREMENT PROGRAM: TIAA-                                                                   immediately vested with          employee contribution is 3
                           CREF, ING, Valic or Met Life: Defined                                                                existing TIAA-CREF, ING,         percent of salary thru March 31,
                           contribution plan; benefits are based on employer and                                                Valic or MetLife contracts.      2013, then sliding scale
                           employee contributions and the success of the                                                                                         between 3-6% based on salary.
                           investments. Employer contribution is 8% of salary
                           for first seven years of service; 10 % of salary
                           thereafter.
                           For more Info go to:
                           http://www.suny.edu/BENEFITS/LTD.cfm
                           Optional term life, accidental death and                                                             First day of pay period
Group Life and Accident    dismemberment insurance; includes coverage for          All M/C employees                            following the pay period in      Premiums determined by
Insurance                  spouse and dependents.                                                                               which enrollment form is         amount of coverage purchased.
                                                                                                                                submitted.
                           For more Info go to:
                           http://www.cs.state.ny.us/otherben/life/mclife.cfm

                                                                                                                                Must enroll within 60 days of
Long-Term Care Insurance   NYPERL (NYS Public Employee and Retiree                 Eligible to receive health insurance         hire date in order to avoid
                                                                                                                                                                 Varies dependent upon option
                           Long-Term Care Plan)                                    benefits.                                    medical underwriting. Can
                                                                                                                                                                 selection.
                                                                                                                                enroll anytime subject to
                           For more info or to enroll go to:                                                                    medical underwriting.
                           www.nyperl.net
                                                                                                                             EFFECTIVE
                                                                                                                                                                     COST
      BENEFIT                           DESCRIPTION                                       ELIGIBILITY                          DATE

  Flex Spending Accounts   A portion of salary is designated by employee to       Must be receiving regular biweekly     New employees must enroll         The employee determines the
                           cover child, elder and dependent care expenses with    paychecks.                             within 60 days of their hire      amount to be deducted
Dependent Care Advantage   tax-free dollars.                                                                             date or during open               (maximum $5,000).
        Account                                                                                                          enrollment period.
                                                                                                                         New employees become
                           A portion of salary is designated by employee to       Must be annual salaried employee and   eligible after completion of 60   The employee may contribute a
                           cover unreimbursed health-related expenses with tax-   eligible for health insurance.         consecutive days of state         minimum of $150 up to a
                           free dollars.                                                                                 service, and must enroll          maximum of $3,000 annually.
   HealthCare Spending                                                                                                   within 60 days of hire date or
         Account           For more detailed information on both programs go                                             during open enrollment
                           to: http://flexspend.ny.gov                                                                   period.


Tax Deferred Annuities     Retirement savings/investment plan. Defers taxation    Upon employment.                       Choice of employee.               Employee contributions through
                           on percentage of earnings and interest.                                                                                         salary reduction subject to IRS
                                                                                                                                                           limitations.
                           Contact HR for options available to you


New York State Deferred    Voluntary tax-deferred savings program designed to     Upon employment.                       Choice of employee.               Employee contributions through
Compensation               provide funds in retirement.                                                                                                    salary reduction subject to IRS
                                                                                                                                                           limitations.
                           For more information or to enroll go to:
                           www.nysdcp.com or call 1-800-422-8463


Long Term Disability       Monthly income benefit equal to 60 percent of          Full-time or part-time M/C employees   First of the month following      No cost to employee.
Insurance                  covered monthly salary, not to exceed $7,500 a         who are disabled for six consecutive   one year anniversary.
                           month; also provides a monthly annuity premium         months.                                If you were covered by a
                           benefit.                                                                                      previous employer within the
                           For more information go to:                                                                   last 3 months with a similar
                           http://www.suny.edu/BENEFITS/LTD.cfm                                                          plan, the waiting period may
                                                                                                                         be waived.

Tuition Assistance         Partial assistance is available through the Tuition    Appointment must cover period          Upon employment.                  No cost to the employee for this
                           Waiver (based on funding).                                                                                                      benefit.
                           Fees are not covered by Tuition Assistance.
                           Contact Luanne DiRico/HR for more information


Holidays                   Eligible for up to 12 holidays per year.

Vacation and Sick Leave    Both are earned at the same rate, 1.75 days per calendar month.

New employees cannot be placed on the payroll or issued parking permits or ID cards until they have completed their I-9’s and the required
personnel/payroll forms indicated in their offer letter.                                                                     Updated 11/2012

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:5/7/2013
language:Unknown
pages:3
xiangpeng xiangpeng
About pengxiang