The University Insurance Association (UIA) Life Insurance annual premium of $24.00 will be deducted from October monthly earnings, paid October 30, 2020.
Participation in the UIA Life Insurance plan is a condition of employment for UW System Faculty/Academic Staff/Limited Appointment (FA/AS/LI) employees. Additionally, eligible employees must meet the minimum monthly salary threshold which is $2,822 for the 2020-2021 plan year. The minimum monthly salary threshold is determined each year and is based on 45% of the average instructor’s salary for the previous year.
Once an employee becomes eligible for coverage, eligibility will continue for the full plan year. Employees must re-qualify for eligibility each year.
Note: The plan is moving to a calendar year. To make this transition, the 2021 plan year will run from October 1, 2020 to December 31, 2021. Beginning in 2022, the policy year will be January 1 to December 31, with coverage effective January 1 of each year.
For more information about the plan, including coverage levels, visit the UW System Employee Benefits website.
Source: UW System Human Resources