Author: sipiorsk@uwgb.edu
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Long-Term Care Insurance Available to UW Employees
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Long-Term Care Insurance covers services that are typically not covered by health insurance, but are vital for a patient, such as assistance with activities of daily living (walking, eating, bathing, etc.). This type of insurance provides financial protection from the rising costs of long-term care. Coverage for care in non-institutional settings such as assisted living,…
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Reminder: March 31 Deadline for Filing 2017 Flexible Spending Account Claims
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Employees enrolled in the Health Care and/or Dependent Day Care Flexible Spending Account (FSA) for the 2017 plan year must submit eligible claims for the 2017 plan year to the Flexible Spending Account (FSA) Administrator (TASC) for reimbursement by Saturday, March 31, 2018. Eligible claims must be received by TASC or postmarked by March 31.…
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State Group Life Insurance Annual Premium Update
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Each year, State Group Life Insurance premiums are updated on April 1. For University Staff (paid bi-weekly), the premium update will be reflected on the March 29, 2018 paycheck. For Faculty/Academic Staff/Limited Appointees (paid monthly), the premium update will be reflected on the March 30, 2018 paycheck. Current enrollees in the State Group Life insurance…
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Form 1095-C Available Online
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IRS Tax Form 1095-C is available online in the MyUW portal. The statement is located in the Payroll Information module under the Tax Statements tab. Paper copies of the 1095-C were mailed to employees via U.S. mail in February 2018 using the same address as the W-2 Form distribution. The UW System is providing Form…
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Summer Prepay Insurance Premium Deduction Schedule for 2018
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Summer prepay insurance premiums will be deducted from March 30, May 1, and/or June 1 paychecks for the following employee groups: Academic (9-month) employee who will be returning to UW employment in the fall of 2018. Academic (9-month) employee with a summer service/summer session appointment. Why are Summer Prepay Insurance Premiums Deducted in the Spring?…
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Wisconsin Retirement System (WRS) Webinars Offered in March
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ETF is offering a series of 30-minute, live, interactive webinars designed to increase your understanding of Wisconsin Retirement System benefits. Individuals can also ask questions at the end of these sessions. Annuity Options– This webinar will help to increase your understanding of the WRS annuity options available to you at retirement. ETF will also explain the…
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2017 Tax Reform Bill Affects Employee Federal Tax Withholdings
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As a result of the 2017 Federal Tax Reform bill passed in December 2017, most employees will see a change in their federal income tax withholding on their paychecks beginning in early 2018. The change was implemented for both University staff (paid bi-weekly) and for Faculty/Academic Staff/Limited Appointees (paid monthly) on the February 1, 2018…
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Keep Your Beneficiary Designations Up-to-Date
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What is a beneficiary? A beneficiary is someone you designate to receive insurance benefits that are payable upon your death. Naming beneficiaries ensures that your assets are distributed according to your wishes. Keep your beneficiary designations up-to-date You may change your beneficiary designations at any time. It is important to review your beneficiary designations regularly,…
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Updated Income Continuation Insurance Premiums Effective February 1, 2018
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Income Continuation Insurance (ICI) premiums are updated annually on February 1. Updated premiums for University Staff (paid bi-weekly) will be reflected on the February 15, 2018 paycheck. Updated ICI premiums for Faculty/Academic Staff/Limited Appointees (paid monthly) will be reflected on the March 1, 2018 paycheck. If you are currently enrolled in the ICI program, visit…