Transcript Slide 1

New Employee Orientation
Office of Human Resources
University of Maryland University College
Graduate Assistant
OHR Benefits Information
• Morvena Bourne – Benefits Specialist
• Rashel Byrd – Interim Assistant Director
Benefits/HROD Consultant
_______________________________________
• Email Address - [email protected]
• Office of Human Resources University Center Suite
312




Phone: 240-684-5559
Fax: 240-684-5585
Website: intranet.umuc.edu/hr
Inter-Office Mail: UC 312
OHR Benefits Information
• Email Address - [email protected]
• Office of Human Resources University
Center Suite 312
 Phone: 240-684-5559
 Fax: 240-684-5550
 Website: intranet.umuc.edu/hr
 Inter-Office Mail: UC 312
Direct Deposit
• Mandatory for all state employees
• May directly deposit funds into any regular checking account at one
banking institution
• Eligible for membership with the State Employee’s Credit Union (SECU)
- www.secumd.org
(May set up a payroll deduction to have funds transfer to SECU account.
Only instance where you can have funds going to more than one banking
institution.)
If you have any questions regarding Direct Deposit contact [email protected]
or call 240-684-5552.
(ALLOW APPROXIMATELY 2 PAY PERIODS FOR PROCESSING)
Tuition Remission
• Employees receive up to 8 credits per
semester
• May attend any of the USM institutions
• Semesters include Spring, Summer and
Fall
Supplemental Retirement Annuity




Employee contribute specified dollar amount per pay period
May enroll at any time
Employee manages how funds are invested
Vendors are
 TIAA-Cref www.tiaa-cref.org
 FIDELITY INVESTMENTS www.fidelity.com
 Maryland State Retirement Plans www.msrp.state.md.us
Health Benefits Enrollment
• Benefits Enrollment Time Limit





You have 60 days from your hire date to enroll in benefits
Eligible as of your hire date
Effective date either the 1st or 16th of the month
You will be notified via email of your effective date
A retro-active adjustment to cover premiums prior to official effective
date can be processed at your request
 Bi-weekly payroll deductions
Please send an email to [email protected] to make an
appointment to discuss your benefits and complete the
necessary forms.
Health Benefits
• All medical plans include vision benefits
• Mental health and substance abuse coverage
 PPO and POS plan members managed by
APS Healthcare Inc.
 HMO plan members managed by health
plan vendor.
Health Benefits
PPO
May choose any physician at time
of services, will dictate out of
pocket expense.
•CareFirst BCBS
•United Healthcare
POS
EPO
May choose an in-network
physician but have the option to
choose out-of-network services,
must choose a PCP, referrals
required
Covers In-Network benefits,
national coverage, no referral
needed with certain plans, may
need to choose a PCP
•CareFirst BCBS MPOS –
requires PCP and referral
•United Healthcare
•AETNA QPOS
•BlueChoice
•Aetna –PCP required
•United Healthcare – PCP
required
Health Benefits
• All medical plans include vision benefits
• Mental health and substance abuse coverage
 PPO and POS plan members managed by
APS Healthcare Inc.
 EPO plan members managed by health
plan vendor.
Prescription Benefits
• Catalyst RX Prescription Benefits
 Separate from Medical Insurance
 Covers cost of approved prescription drugs subject to
nominal co-pays
 Co-Pays (1-45 Days)
 $10.00 Generic Drugs
 $25.00 Preferred Brand Name Drugs
 $40.00 Non-Preferred Brand Name Drugs
DENTAL BENEFITS
DPPO
•May choose any dentist but choice
determines out of pocket expense
•Subject to deductible and 20% co-insurance
United Concordia
www.ucci.com
DHMO
•Must choose a primary dentist and
receive all services in-network
•See benefits booklet for fee schedule
United Concordia
www.ucci.com
Life Insurance
Main Enrollment Form
End of Enrollment Packet
MetLife
Term Life Insurance
•
•
•
•
•
•
•
•
•
Minimum Policy available $10,000
Coverage in increments of $10,000
$50,000 coverage no medical review
required
Maximum coverage $300,000
Enroll as new hire or during open
enrollment
Dependent Life – $5,000 increments, up
to 50% of employees coverage, max.
$150,000
Portable
Accelerated benefit – 50% of the face
value
Must complete a designation of
beneficiary form
Unum
Term Life Insurance
•
•
•
•
•
•
•
•
•
•
Minimum Policy available $10,000
Coverage in increments of $10,000
$50,000 coverage no medical review
required
Maximum of 6x your salary or $750,000
Enroll anytime with medical review
Dependent Life - $10,000 increments,
up to 100% employee amount or
$150,000, up to $20,000 without medical
review
Portable
Accelerated benefit – 50% to $750,000
Survivor support financial counseling
services - AYCO
Must complete a designation of
beneficiary form
Accidental Death/Dismemberment
• AD & D
 Administered through MetLife
 Provides a benefit in the event of accidental death or
dismemberment for employee and/or family
 Available in increments of $100,000, $200,000 or
$300,000
 Must complete a designation of beneficiary form
Long Term Disability & Long Term Care
Long Term Disability
• Administered through Unum
• An Income Protection Program
• Maximum Income Benefit equal to 60% of employee’s salary up to
$8,000 per month
• Must choose 90 or 365 elimination period
• Enrollment forms in separate white package
Long Term Care
• Administered through Prudential
• Insurance that covers expenses of care received either at home or in a
facility when assistance with activities of daily living is needed
• Available to the employee and spouse, parents, siblings, adult,
children, in-laws and grandparents
• To sign-up please request enrollment forms
Flex Spending
• Flexible Spending Accounts
 Administered through ConnectYourCare
 Health Care Reimbursement Account or Day Care
Reimbursement Account
 Redirects part of employee pay before Federal Income or Social
Security Taxes are computed
 Allows for payment of health care expenses with tax free money
Website:
http://www.connectyourcare.com/statemd/
Flex Spending
Example
With FSA
Without FSA
Annual pay
$35,000
$35,000
Pre-tax contribution to
FSA
-$1,500
-$0
Taxable Income
=$33,500
=$35,000
Federal income and
Social Security taxes
-$7,107
-$7,597
After-tax dollars spent
on eligible expenses
-$0
-$1,500
Spend able income
=$26,393
=$25,903
Tax savings with your FSA
$26,393 - $25,903 = $490
Weather & Emergency Updates
In the event the University has to close due to
inclement weather or other emergency situations
call:
301-985-SNOW
(7669)
or visit
www.umuc.edu/weather
for updates and status
Contact Information
Direct Deposit, W-4 , Tuition Remission, and
Name/Address Changes
HR Service Center – 240-684-5552
[email protected]
Payroll, Timesheet, and Leave
Payroll Department
[email protected]
Health and Retirement
Benefits Department
[email protected]
Employment Verifications
Human Resources – 240-684-5589
[email protected]
Parking Manager
Chip Holtzman – 301-985-7424
[email protected]
Security
301-985-7371
Technical Support, PeopleSoft, Email
Help Desk - 301-985-7400