Benefits OrientationLongForm.03162009.pps

1. The City University of New YorkBenefits Orientation-Full Time Instructional Staff-

2. YOUR BENEFITS INCLUDE:

3. PENSION PLANS

4. CHOOSING A PENSION PLAN!Your Choices are...

5. CHOOSING A PENSION PLAN! Review at a Glance!

6. TEACHERS’ RETIREMENT SYSTEM OF THE CITY OF NEW YORK

7. TRSWho Can Participate?

8. TRSHow do I Enroll?

9. TRSWhen Does your Pension Plan Become Effective?

10. TRSTier Status

11. TRS Transferring Membership

12. TRS Important Facts

13. TRS Tier IV Service Retirement

14. OPTIONAL RETIREMENT PROGRAM (ORP)

15. TIAA-CREF Who can Participate?

16. TIAA-CREF How do I Enroll?

17. TIAA-CREFVesting Cycle

18. TIAA-CREFImpact of Multiple Employmenton Contributions

19. TIAA-CREF How do I Initiate My Multiple Employment Deductions?

20. TIAA-CREF Important Facts

21. TIAA-CREF Important Facts Cont...

22. ALTERNATE FUNDING VEHICLES(AFV’s)

23. TDA or Supplemental Retirement Annuity 403(b)&New York State Deferred Compensation Plan 457 (b)

24. HOW DO I ADD TO MY PERSONAL INVESTMENTS FOR RETIREMENT?

25. TAX DEFERRED ANNUITYOptions

26. DEFERRED COMPENSATION PLAN Options

27. TAX DEFERRED ANNUITY Limits

28. NYS DEFERRED COMPENSATION PLAN Limits

29. NYC HEALTH BENEFITS PROGRAM

30. HEALTH BENEFITS Who can Participate?

31. Slide 31

32. HEALTH BENEFITS Who can be Covered?

33. DOMESTIC PARTNER

34. TAX CONSEQUENCES OF HEALTH BENEFITS FOR DOMESTIC PARTNERS

35. HEALTH BENEFITSTypes of Health Plans and Services Offered

36. HEALTH BENEFITSTypes of Health Plans and Services Offered cont..

37. HEALTH BENEFITS How to Select a Health Plan?

38. HEALTH BENEFITS Transfer Period

39. HEALTH BENEFITS Cost of Health Coverage

40. PSC-CUNY WELFARE FUND BENEFITS

41. PSC-CUNY WELFARE FUND Who is eligible for benefits?

42. PSC-CUNY WELFARE FUNDWhat Titles are Eligible for Benefits?

43. PSC-CUNY WELFARE FUNDHow do I enroll?

PSC-CUNY WELFARE FUND

44. PSC-CUNY WELFARE FUNDWhat is the Effective Date of Coverage?

45. PSC-CUNY WELFARE FUND Non Contributory Plans

46. EXTENDED MEDICAL BENEFIT

47. EXTENDED MEDICAL BENEFIT GHI-CBP Members Only

48. DEATH BENEFIT

49. DENTAL PLAN

50. GROUP LONG TERM DISABILITY

51. OPTICAL BENEFITS

52. OPTICAL BENEFITS cont...

53. HEARING AID BENEFIT

54. PRESCRIPTION DRUG BENEFITMedco Health (Primary Plan)

55. PRESCRIPTION DRUG BENEFIT cont..Medco Health Home Delivery Service

56. PRESCRIPTION DRUG BENEFIT cont..Medco Health Retail Network Service

57. PRESCRIPTION DRUG BENEFIT cont..Nonparticipating Pharmacies

58. PSC-CUNY WELFARE FUND Contributory Plans

59. CATASTROPHE MAJOR MEDICAL (voluntary, must purchase)

60. GROUP LONG TERM DISABILITY Optional Coverage (voluntary, must purchase)

61. TERM LIFE INSURANCE(must purchase)

62. LONG TERM CARE INSURANCE PROGRAMS

63. LONG TERM CARE INSURANCE PROGRAMS cont..

64. PICA

65. WHAT IS PICA?

66. PICA PROGRAM

67. PICA DRUG COST

68. PICA

69. FLEXIBLE SPENDING ACCOUNTS PROGRAM

70. FLEXIBLE SPENDING ACCOUNTSWhat are the Flexible Spending Accounts Programs?

71. FLEXIBLE SPENDING ACCOUNTS Types of Flexible Spending Accounts

72. FLEXIBLE SPENDING ACCOUNTS Types of Flexible Spending Accounts cont...

73. FLEXIBLE SPENDING ACCOUNTSQualifying Events (QE)

74. LEAVES.....

75. FAMILY AND MEDICAL LEAVE ACT (FMLA)

76. JURY DUTY

77. SLOAC

78. TEMPORARY DISABILITY (Sick Leave)

79. MILITARY LEAVE

80. OTHER BENEFITS

81. COBRA

82. COLLEGE SAVINGS PLAN (529)

83. CUNY eMALL

84. FEDERAL CREDIT UNIONS

85. HIPPA

86. SAVINGS BONDS

87. TRANSITBENEFIT

88. CUNY WORKLIFE PROGRAM

89. TUITION WAIVERS

90. WORKERS’ COMPENSATION

91. RETIREMENT

92. TRAVIA (Paid Sick Leave Upon Retirement)

93. ELIGIBILITY FOR RETIREE HEALTH BENEFITS

94. ELIGIBILITY FOR RETIREE HEALTH BENEFITS cont...

95. ELIGIBILITY FOR RETIREE HEALTH BENEFITS cont...

96. ELIGIBILITY FOR RETIREE HEALTH BENEFITS cont...

97. CHECK LIST OF FORMS TO BE RETURNED

98. MAKING A DECISION...