Compensation and Benefits Information for Classified Staff at End of Employment

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1 Final Paycheck Compensation and Benefits Information for Classified Staff at End of Employment Since the university payroll is run biweekly for the prior two- week pay period, final paychecks are issued at least two weeks after the final day of employment. Health, Basic Life, and Disability Insurance Eligibility Coverage for the State health, basic life and disability insurance ends at the end of the next month following date of separation, based o the day of the month that employment ends. Employment ending on or after the 15 th of month, coverage will continue through the end of the following month For example, if the separation date is June 20 th health insurance coverage will continue through July 31 st. COBRA After eligibility for group health care coverage ends, you may be able to purchase continued medical and dental, o an individual basis, for a period of time under a federal law known as the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). Medical and Dental COBRA rates are available on this Office of Group Insurance website: cobra- options/ Individuals losing health coverage under the State s plan can expect to receive a mailing from Blue Cross of Idaho before the date coverage will end with COBRA information and instructions. To continue coverage under this provision, the insured person must elect coverage within sixty (60) days after group coverage terminates. To request additional information, contact the Office of Group Insurance, The Boise State Benefits Department is not able to provide COBRA continuation coverage forms, as this is handled directly from Blue Cross of Idaho. Basic Life Insurance When eligibility for group life insurance coverage ends, employees can apply for a conversion to an individual policy offered by Principal Life Insurance Company n evidence of insurability is required if application is made within thirty- one (31) days after group coverage ends. Conversion policies are not available for disability coverages. Costs, provisions an benefits of conversion policies may differ substantially from those of the group plans. Additional information and conversion applications are available from the Office of Group Insurance. Their office is located in Boise and the phone number is

2 Principal Voluntary Term Life (optional additional coverage) Individuals who are enrolled for additional life insurance for themselves and any dependents under the Voluntary Term Life (VTL) Insurance plan will be covered until the end of the month in which they leave employment at the university. When this VTL insurance would otherwise end under the State Group Policy, the member may be eligible to continue insurance under Group Life Portability Insurance Policy underwritten by The Principal Life Insurance Company. Contact the Office of Group Insurance for information regarding this option, FY2017 VTL premium rates are available online: content/uploads/sites/7/2016/04/fy Principal- Voluntary- Term- Life- Premium- Rates.pdf Retirement Classified employees are enrolled in PERSI as their mandatory retirement plan. Participants in the PERSI defined benefit retirement plan, who have completed 60 or more months of service, will be eligible to receive future monthly Base Plan retirement benefit, to be paid over your lifetime. The amount is based on your earnings, credited service, and age when you start drawing your benefit. If you are not vested in PERSI, you may withdraw your contributions, plus interest from the plan, or leave those funds in the plan until a later date if you anticipate returning to state service. To learn more about your PERSI benefit options, please visit their website or contact them: PERSI: Supplemental Retirement Plans , or If you are enrolled in any of the PERSI Choice 401(k) plan, and/or the 403(b) or 457(b) supplemental retirement plans, you have the option of leaving your funds invested with your elected vendor or you can contact them for information regarding options for accessing your funds via direct distribution or rollover after your last day of employment. Contact information for the vendors is included in this document. Sick Leave The sick leave hours accrued at the end of employment are not paid off. If transferring directly to another Idaho state agency, accumulated sick leave will transfer with you. If you separate employment and return to Boise State or another Idaho state agency within three years, the sick leave balance can be reinstated. Annual Leave Unused accrued annual leave hours are paid out in your last paycheck, unless you are transferring to another state agency. You may elect to defer some, or all, of your vacation payoff as pre- tax contribution to a supplemental retirement plan to avoid paying income taxes on this income in this tax year. Please contact the benefits department if you wish to discuss the options available to you.

3 Flexible Spending Accounts (FSA) These optional benefits are administered by third party company, Navia (425) Health FSA: Participating staff may submit claims for expenses that were incurred prior to the last day of employment. Employees have until October 3 to file claims for any eligible expenses incurred during the preceding plan year. Any funds remaining in an account after that filing deadline will be forfeited in accordance with IRS guidelines. Dependent Care FSA: The Participant s participation in the Plan shall cease and no further contributions shall be made after employment ends. However, Participants may submit claims for employment- related Dependent Care Expense reimbursements for claims incurred through the remainder of the Plan Year (June 30) in which such termination occurs. Claims must be submitted within 123 days after the end of the Plan Year, with reimbursements limited to the remaining Dependent Care Flexible Spending account balance as of the date of termination. Tuition Fee Waivers If an employee, spouse or dependent is participating in the tuition fee waiver program, and employment ends prior to the end of the first eight weeks of classes, the student will be responsible for paying the full amount of tuition and fees required for their enrollment. Summer school will require full payment of tuition and fees if the employee separates from employment prior to the date that is halfway through the session. Other Optional Benefits If you are enrolled in any optional insurance benefits that have premiums deducted via payroll, you may be able to continue coverage by contacting the vendor to make alternative billing arrangements. Benefits Vendor Contact Information Plans Vendor Phone Website Medical/Dental/Vision/ EAP Department of Administration: Office of Group Insurance (208) (800) BlueCross of Idaho (208) (866) Life Insurance Department of Administration: (208) Office of Group Insurance (800) PERSI- Retirement Plan Public Employee Retirement (208) System of Idaho (PERSI) (800) Flexible Spending Department of Administration: (208) Accounts Office of Group Insurance (800) Navia Benefit Solutions (425) idaho.naviabenefits.com AFLAC Reuel Davis (208) reuel_davis@us.aflac.com

4 Colonial Life Angela Bringhurst (208) ARAG (800) IDEAL Idaho College Savings Program (866) NCPERS Idaho NCPERS Group Life Insurance Plan Voluntary Retirement Plan Contacts (800) m/persi 401(k) Choice Plan PERSI (866) (b) American Funds (208) Fidelity (800) X5103 (800) , Waddell & Reed (208) (b) Nationwide (800) X5103 (800) , Roth 403 (b) X5806 Benefits Team: Camile Mick, , Marusya Stoyanova, , (800) ,

5 STATE OF IDAHO Active Employee Plans COBRA Monthly Premium Rates Effective 7/1/2016 through 6/30/2017 COBRA ADMINISTRATION Blue Cross of Idaho administers COBRA coverage for state of Idaho group members. To request an informational/enrollment packet, please contact Blue Cross at ext MONTHLY PREMIUMS Medical Coverage (You may only choose a continuation of the plan in effect on the date your active employee coverage ends) High Deductible PPO Traditional Plan Plan Plan Subscriber $ $ $ Subscriber and Spouse $1, $1, $1, Subscriber and Child $ $ $ Subscriber and Children $1, $1, $1, Subscriber, Spouse and Child $1, $1, $1, Subscriber, Spouse and Children $1, $1, $2, Dental Coverage Subscriber $30.00 Subscriber and Spouse $61.00 Subscriber and Child $43.00 Subscriber and Children $61.00 Subscriber, Spouse and Child $73.00 Subscriber, Spouse and Children $92.00 Rev /2016