2021 Benefit Premium Deductions

Are you wondering when your UW System paycheck will reflect your 2021 benefit premiums? Or are you wondering when deductions for your 2021 Flexible Spending Account (FSA) and/or Health Savings Account (HSA) will begin? If so, continue reading.

Health, Dental, Vision and Accident Insurance Premiums
Below are the paycheck dates that will start 2021 deductions:

    • Biweekly paid employees: December 17, 2020
    • Monthly paid employees: January 4, 2021

Reminder: State Group Health Insurance premiums (for most plans) and Accident Insurance premiums will increase slightly for 2021. Dental Insurance premiums will remain the same. Vision Insurance premiums will decrease slightly.

Flexible Spending Account (FSA), Health Savings Account (HSA) and Parking & Transit Accounts
If you enrolled in an FSA, HSA and/or Parking & Transit Account for 2021, your first contribution will be on the following paycheck (based on your pay frequency):

    • Biweekly: January 14, 2021
    • Monthly: January 4, 2021

Individual & Family Life Insurance and UW Employees, Inc. Life Insurance Premiums
If you will be in a new premium age category as of January 1, 2021, your premium will change on the following paycheck (based on your pay frequency):

    • Biweekly: December 17, 2020
    • Monthly: January 4, 2021

Your premium will also change on the paycheck dates listed above if:

    • You increased your coverage for the Individual & Family Life Insurance Plan during the Annual Increase Option period and/or
    • The premium rate for your age category changed.

Accidental Death & Dismemberment (AD&D) Insurance Premiums
If you enrolled, changed coverage levels or disenrolled through Self Service during the Annual Benefits Enrollment, your premium will change on the following paychecks (based on your pay frequency):

    • Biweekly: December 17, 2020
    • Monthly: January 4, 2021

Income Continuation Insurance (ICI) Premiums
ICI premium rates will remain the same for 2021. However, if you have an earnings category change or a sick leave category change (university staff plan only) your premium may change depending on your situation. Premium changes will occur on the following paychecks (based on your pay frequency):

    • Biweekly: February 25, 2021
    • Monthly: March 1, 2021

Wisconsin Retirement System (WRS) Contributions: Employee and Employer
The WRS employee and employer contributions for 2021 will remain at 6.75% for most employees.

Source: UW System Human Resources