Transcript Human Resources Department - LaGuardia Community College

Presented by the Department of
Human Resources
Employee Benefits
TOPICS
Health Insurance
Pension
Commuter Benefits Program
WageWorks
Welfare Funds
Time & Leave
Additional Benefits
Health Insurance
TYPES OF COVERAGE
PROVIDERS
DESCRIPTION
Health Maintenance
Organization (HMO)
HIP, Aetna
HMO, CIGNA,
Empire
•Personal Care Physician (PCP)
•Need referrals
•Little or no out of pocket expense
Exclusive Provider Organization
(EPO)
Empire
•Must stay in network only
•No referrals
•No Primary Care Physician (PCP)
•Higher Bi-weekly premiums
Point of Service (POS)
HIP Prime POS
•In/out of network flexibility
•Deductibles
•Higher Bi-weekly premiums
Preferred Provider Organization
(PPO)
GHICBP/EBCBS
DC37 Med Team
•In/out of network flexibility
•Freedom to choose
•Deductibles for out of network
•Negotiated lower payments
Health Insurance (cont’d)
 The Summary Program Description
Manual describes City of New York
health benefits program in detail.
www.nyc.gov/olr
 Open Enrollment Period this year is
scheduled for:
-
Fall 2012
Pension – Irrevocable Choice
New York City Employees’ Retirement System
(NYCERS)
Defined Benefit Plan:
Benefits based on age, average
of highest three year’s
consecutive salary and years of
credited service
Death Benefit (must be active or retired
employee)
Disability Benefit (10 years or more of
credited service required)
Vesting:
10 years of full-time credited
service or 10 years of
membership
Retiree Health Benefits:
10 years of credited pension service and age
63 or older
Contributions:
3% basic contribution until
March 2013, beginning April 1,
2013, contribution based on
salary
Vested Retirement Benefit – Must have 10
years of credited membership and age 63 to
get vested retirement benefit
PLAN
TITLES
PROVIDER
WHO IS COVERED
403(b)
Tax Deferred Annuity
(TDA)
Metlife
Full time and Part time
Civil Service
Employees
457(b)
Deferred Compensation
Plan
NY State Deferred
Compensation Board
All employees
401 (k)
City of New York 401 (k)
Retirement Plan
City of New York
All Community
College Employees
Welfare Funds
Basic Benefits
 Prescription Drugs
 PICA
 Dental
 Optical
 Death Benefit
 Short Term Disability
 Hearing Aid Benefit
 Podiatry
Benefits effective the First of the Month
Welfare Funds
 DC 37 Health & Security Plan (212-815-1234)
www.dc37.net
 Teamsters Welfare Funds (212-924-2000)
www.local237.org
LEAVES
TYPE OF LEAVES
• Family Medical Leave (FML)
• Bereavement Leave
• Scheduled Holidays
• Unscheduled Holidays
• Annual Leave
• Temporary Disability (sick)
• Jury Duty
Other Leaves
 Child Care Leave(Unpaid)
 Dedicated Sick leave (DSL)
 Military Leave
COMMUTER BENEFIT PLAN
WAGEWORKS
• Benefit for all employees
• Defer transportation cost into
pre-tax account (tax deferred up to $230 per month)
• 2 Bi-weekly payroll deductions per month
• Used on MTA, Subway and Buses, LIRR, Metro
North, NJ Transit
• Park-n-Ride option available
Other Benefits
TYPE OF BENEFIT
DEFINITION
NY 529 College Savings Program
Provides flexible and convenient low-cost ways
to save for college – save for children/
grandchildren education
CUNY Tuition Fee Waiver
COA titles – 6mos waiting time
Other titles – 1 year waiting time
Workers’ Compensation
Employees who suffer a job-related injury or
illness
Employee Assistance Programs:
• DC37 Personal Services Unit
•Open to DC37 members
Pre-Tax Benefits Programs
Application within 30 days of appointment or during Fall enrollment period
TYPE OF COVERAGE
WHAT IS COVERED
Health Care Flexible
Spending Accounts (HCFSA)
• Reduces taxable income
• Can be used to pay for medical expenses
such as:
- Co-payments
- Dental
- Prescription
• “Use it or lose it” Rule applies
Dependent Care Assistance
Program (DeCAP)
• Reduces taxable income
• Reimbursement after filing income
taxes
• Pays for nursery schools/certified
child care
• “Use it or lose it” Rule applies
Pre-tax Benefits Programs Continued
TYPE OF COVERAGE
Medical Spending
Conversion(MSC)
WHAT IS COVERED
• Allows City Employees to receive annual
incentive payment in exchange for waiving
City health benefits when other group
coverage is available to them
• Employees receive $500 for waiving
individual coverage and $1000 for waiving
group coverage.
•Paid semi-annually
Questions & Answers
 Contact Information:
 Nila Bhaumik, Deputy Director, Human Resources,
[email protected], Phone (718)482-5082
 Andrea Cambridge, Benefits Coordinator, Human
Resources, [email protected], Phone
(718)482-5086
 Nicole Paige, Benefits Assistant, Human Resources,
[email protected], Phone (718)482-5075