WRS Webinars Offered in January & February

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. Visit ETF’s webinar page to learn more about any of the following sessions.

5 Basic Steps to Your Retirement
Thinking about retiring in the next 12 months? We’ll walk you through the process.
You’ll learn how to:

  • Choose a termination date
  • Request a retirement estimate
  • Read the retirement estimate
  • Schedule a retirement appointment
  • Submit a retirement application

Wed, Jan 20, 2021 6:00 p.m. – 6:30 p.m.
Fri, Jan 29, 2021 12:30 p.m. – 1:00 p.m.

To register, go to: https://attendee.gotowebinar.com/rt/1698687602195660813

Additional Contributions
Looking to increase your WRS retirement? Learn how Additional Contributions can increase your WRS retirement benefit. By the end of this presentation, you will be able to:

  • Define Additional Contributions
  • Identify how Additional Contributions increase your retirement fund
  • Arrange to make Additional Contributions to your WRS account(s)
  • Find and use ETF resources to calculate your Additional Contribution amount

Tue, Feb 2, 2021 12:00 p.m. – 12:30 p.m.
Wed, Feb 10, 2021 6:00 p.m. – 6:30 p.m.
Thu, Feb 18, 2021 1:00 p.m. – 1:30 p.m.
Fri, Feb 26, 2021 11:30 a.m. – 12:00 p.m.

To register, go to: https://attendee.gotowebinar.com/rt/2366304466240366864

Beneficiary Designations – What Happens to My Account When I Die?
Death is never easy to talk about, but it’s important to know where your money is going. We’ll discuss:

  • How to update your account so your loved ones may receive money after your death
  • Important times to make sure your account is up to date
  • What happens if you forget to update your account
  • How to check who you currently have on file

Thu, Jan 21, 2021 12:00 p.m. – 12:30 p.m.
Thu, Jan 28, 2021 6:00 p.m. – 6:30 p.m.
Thu, Feb 4, 2021 11:00 a.m. – 11:30 a.m.
Mon, Feb 8, 2021 6:00 p.m. – 6:30 p.m.
Tue, Feb 16, 2021 11:30 a.m. – 12:00 p.m.
Mon, Feb 22, 2021 12:00 p.m. – 12:30 p.m.

To register, go to: https://attendee.gotowebinar.com/rt/9013962762161514253

Overview of the WRS
Are you new to the Wisconsin Retirement System (WRS)? We’ll let you know what to expect. By the end of this presentation, you will be able to:

  • Identify and explain the elements of the Wisconsin Retirement System
  • Explain how the WRS pension works
  • Identify benefits available through the WRS
  • Find resources for more information

Mon, Feb 1, 2021 11:30 a.m. – 12:00 p.m.
Thu, Feb 11, 2021 12:00 p.m. – 12:30 p.m.
Mon, Feb 15, 2021 6:00 p.m. – 6:30 p.m.
Thu, Feb 25, 2021 12:30 p.m. – 1:00 p.m.

To register, go to: https://attendee.gotowebinar.com/rt/4616515485623567888

WRS Effective Rates and Annuity Adjustments
Each year you may see changes to the amount of your retirement payment. We’ll discuss why and how these changes happen. By the end of this presentation, you will be able to:

  • Define WRS effective rate and annuity adjustment
  • Explain how the Core Trust Fund and Variable Trust Fund effective rates are calculated
  • Explain how the Core Trust Fund and Variable Trust Fund annuity adjustments are calculated

Tue, Jan 19, 2021 11:30 a.m. – 12:00 p.m.
Mon, Jan 25, 2021 12:00 p.m. – 12:30 p.m.
Wed, Feb 10, 2021 11:30 a.m. – 12:00 p.m.
Fri, Feb 12, 2021 12:00 p.m. – 12:30 p.m.
Thu, Feb 18, 2021 11:00 a.m. – 11:30 a.m.
Thu, Feb 25, 2021 6:00 p.m. – 6:30 p.m.

To register, go to: https://attendee.gotowebinar.com/rt/6452814252490226444

Preparing for Your Retirement
Planning to retire in the next 1-10 years? Then this webinar is for you. We’ll discuss:

  • The money you and your employer have put towards your retirement account
  • How your retirement account grows through investments
  • When you can retire
  • Options for receiving your retirement benefit
  • Rules you must follow if you return to work after retiring
  • What happens to your account after you die
  • Changes to your health and life insurance in retirement

Learn in a way that fits your schedule. Attend this presentation in a live webinar!

Wed, Jan 27, 2021 6:30 p.m. – 8:30 p.m.
Tue, Feb 9, 2021 1:00 p.m. – 3:00 p.m.
Mon, Feb 22, 2021 6:30 p.m. – 8:30 p.m.
Fri, Mar 12, 2021 10:00 a.m. – 12:00 p.m.
Thu, Mar 25, 2021 6:30 p.m. – 8:30 p.m.
Thu, Apr 8, 2021 1:00 p.m. – 3:00 p.m.
Wed, Apr 21, 2021 6:30 p.m. – 8:30 p.m.

To register, go to: https://register.gotowebinar.com/rt/2062561071726664450

Employee Assistance Program & Resources

The Office of Human Resources and Workforce Diversity understands that with the losses we have experienced within our campus community, COVID-19 pandemic, and turbulence in our country and the world, faculty and staff (and their families and friends) may be dealing with a great amount of grief and stress. Our office is committed to providing resources to both employees and supervisors during this time. Please see below for important resources that can be utilized at any time:

Employee Assistance Program

The University of Wisconsin-Green Bay’s Employee Assistance Program is a free, confidential service which can provide support for both personal and work-related concerns. The EAP may also assist with legal/financial situations or help with work-life balance. Employees have access to confidential, completely private, 24-hour, 7-days-a-week counseling and online services.

As of January 1, 2021, EAP services are now provided through Kepro. Kepro may be contacted by:

  • Phone: (833) 539-7285
  • Website: mylifeexpert.com. (Username: SOWI).  Employees will need to create an account to access the EAP resources online.
EAP Services & Resources

Additional information pertaining to the services and resources available through the EAP may be found here.

Grief Handout

Given the recent losses within our community, we have also made available a handout provided by Kepro related to grief.

Recorded Webinars

Kepro has a number of recorded webinars available on their website to view at any time.  A few examples include:

  • Dealing with Grief and LossThe death of a family member or close fried is, undoubtedly, one of the most difficult experiences in life.  This webinar discusses the process and stages of grief and learning to move toward resolution of this emotionally trying time.
  • Emotional Composure – Remaining Unruffled & Dynamic Under Stress – Emotions are a healthy part of the human experience.  Acknowledging emotions and understanding your personal stress style is the first step in beginning to control them.  This webinar discusses a selection of customary stressors as well as techniques for exercising control over them.
  • COVID is No Longer a Sprint – It’s Now a MarathonThis webinar addresses how the COVID-19 pandemic is no longer a sprint but is now a marathon.  It focuses on the categories of anxiety, common COVID apprehensions, and tools for reducing your COVID anxiety.
  • Practicing Mindfulness to Reduce StressMindfulness, the practice of maintaining a moment-by-moment consciousness of our thoughts, feelings, physical sensations, and environment, through a calm nurturing lens, that stresses that there is no “right or wrong” way of thinking, feeling or doing things and reflecting only upon the present moment can lead to greater perspective, and calm from life’s stresses.
Monthly Webinars

Kepro provides live monthly webinars on a wide variety of topics.  Click here to view the webinar schedule for 2021.  January’s webinar – Leading During Uncertainty – is scheduled for Wednesday, January 13, 2021 from 12:30-1:30 p.m., and is designed to provide guidance for leading during the pandemic. You may register to attend this webinar through Kepro’s website.  The monthly webinars are recorded, uploaded to Kepro’s website and available to view at your convenience.

SilverCloud

SilverCloud is an online platform that offers self-guided, interactive programs and skill-building tools to help with mental health well-being and stress management.  It is available to all employees and students at no cost. To learn more or to begin using SilverCloud, click here.

 

The Office of Human Resources and Workforce Diversity stands ready to support employees and supervisors during this time.  Please feel free to contact Human Resources at (920) 465-2390 or hr@uwgb.edu if you would like additional information or have any questions.

Electronic-Only Distribution of W-2 and 1095-C Forms Available

Active UW employees can receive W-2 and1095-C forms via electronic-only distribution. The W-2 form includes compensation and tax withholding for the previous calendar year. The 1095-C form documents that an employee who worked full-time for all or some months in the previous year was offered health insurance.

Electronic forms are available earlier than mailed paper forms. Electronic delivery is environmentally friendly and secure with less risk of lost or stolen forms.

Choose Electronic-only Distribution by January 18, 2021

  1. Log into the MyUW portal.
  2. On the Payroll Information tile select Tax Statements.
  3. On the Tax Statements page, choose Consent to receive W-2 electronically and/or Consent to receive 1095-C electronically. Complete two separate consent forms by JANUARY 18, 2021 to choose electronic distribution of the W-2 and 1095-C form.
  4. Check the I Consent checkbox.
  5. Choose the Submit button.
  6. You will receive a confirmation email within 24 hours. An email will be sent to you by January 31 alerting you to the electronic availability of your forms.
  7. You may withdraw consent at any time using the directions above and choosing the Check here to withdraw your consent checkbox. You will receive a confirmation email within 24 hours.
  8. Consent will cease if you terminate employment.

If you do not complete the consent forms, your W-2 and 1095-C forms will be sent to your mailing address in the MyUW portal.

Note: These consent options do not apply to the 1042-S form. 1042-S forms are available electronically in the Glacier Online Tax Compliance System for employees who choose electronic delivery through that system.

If you have any questions regarding choosing electronic-only distribution of your W-2 and 1095-C forms, contact us at payrollandbenefits@uwgb.edu.

Source: UW-Shared Services

2021 Benefit Change Reminders

Review your 2021 Benefit Enrollments
2020 has come to an end, and now is a great time to review your 2021 benefits! Use the Benefits Summary in Self Service to review your enrollments:

  1. Log into the MyUW portal.
  2. Go to the ‘Benefit Information’ module and click on ‘Launch full app.’
  3. Choose the ‘Summary’ tab and click ‘View Benefits Summary Detail.’
  4. In the ‘As of Date’ field, enter 01/01/2021 and click ‘Refresh.’

The information below outlines benefit plan changes and reminders for 2021.

Health Insurance

  • Premiums: Slight increase for most plans.
  • Newly Covered Services: Biofeedback services for urinary incontinence.
  • Wellness Incentive: Health insurance plan carriers will no longer offer a wellness incentive component. Note, the incentive offered through Well Wisconsin (StayWell/Web MD) will continue (see below).
  • Annual Deductibles and Out-of-Pocket Maximums: No change; however, they will reset on January 1, 2021.
  • Telehealth/Virtual Visits: Will continue to be covered without cost-sharing.
  • Primary Care Provider (PCP): Employees, spouses and dependents enrolled in the State Group Health Insurance Program must select a primary care provider (PCP). For assistance designating a PCP or updating your PCP, contact your health plan directly.

Pharmacy Benefits
There are no changes to the pharmacy benefits for 2021. However, your annual deductible and out-of-pocket maximums will reset at the beginning of the new plan year, January 1, 2021.

Find in-network pharmacies and formulary lists on the Navitus website, or contact Navitus directly at 1-866-333-2757.

Well Wisconsin Program Incentive
Employees and spouses enrolled in the State Group Health Insurance Program are eligible for the Well Wisconsin Program Incentive. To receive the $150 incentive for 2021, a health check, health assessment and a well-being activity must be completed by October 8, 2021.

A new website will launch on January 4, 2021. To prepare for this, the current website will be unavailable starting December 31, 2020. To access the new website, employees and spouses will need to create a new username and password. Additional information, including a link to the website, was sent to you directly from Well Wisconsin on January 6, 2021.

Dental Insurance
Delta Dental will continue to administer the dental insurance plans in 2021. There are no changes to any of the dental insurance plans for 2021. Find a Delta Dental network dentist here. If you are enrolled in Uniform Dental, Preventive Dental and/or the Select Plus plan, you should select a dentist in the PPO or Premier network. If you enrolled in the Select plan, you should select a dentist in the PPO network.

Vision Insurance
The vision insurance plan will be administered by DeltaVision in 2021 (in partnership with EyeMed). The plan will continue to offer an allowance of up to $150 toward frames or contact lenses. The 2021 premiums are slightly less than the 2020 premiums. If you enrolled for 2021, you will receive a vision insurance ID card to help your eye doctor/clinic verify eligibility/benefits and submit claims. Find a DeltaVision/EyeMed provider here.

Healthcare and Dependent Day Care Flexible Spending Accounts (FSA)
For the Health Care and Limited Purpose FSA’s for 2021, the annual maximum contribution is $2,750 and the carryover limit is $550, both slight increases from 2020. For the Dependent Day Care Account, the annual maximum remains unchanged at $5,000 per household.

Health Savings Accounts (HSA)
The HSA is a required component of the High Deductible Health Plan (HDHP).

  • Annual Maximum Contribution: Increased to $3,600 for single coverage and $7,200 for family.
  • Catch-up Contribution: There is an additional $1,000 catch-up contribution amount for employees that are or will attain age 55+ during the calendar year (no change from 2020).
  • Employer Contributions: Will remain the same for 2021. $750 for employees enrolled in single coverage and $1,500 for employees enrolled in family coverage. Employees with less than half time rates will receive $375 if enrolled in single coverage and $750 if enrolled in family coverage. Crafts workers are not eligible for the employer contribution.
  • Employee Contributions: Employee contributions from your paycheck can be changed at any time.

Parking & Transit Accounts
Effective January 1, 2021, parking and transit accounts will again be offered to eligible employees. These accounts allow you to pay certain work-related parking and/or transit expenses with tax-free dollars.

    • Parking Account: Covers work-related parking expenses such as parking ramps.
    • Transit Account: Covers work-related transit expenses such as bus and/or vanpools.

The maximum monthly contribution limit for each account is $270. Contribution amounts may be changed at any time; they do not require a qualifying life event.

Accidental Death & Dismemberment (AD&D)
There are no changes to the AD&D plan for 2021. Reminder: An identity theft protection component is included (LifeStages Identity Management Services from CyberScout).

Accident Insurance
This plan may provide cash payment to you in the event of an accident. The Accidental Death & Dismemberment component of this plan will increase to $100,000 for 2021. Premiums will increase slightly.

Review the UW System Employee Benefits website for additional information.

Source: UW System Human Resources

Employee Assistance Program Vendor Change January 1, 2021

The Employee Assistance Program (EAP) vendor for UW System will change on January 1, 2021 from FEI to Kepro.

The EAP services provided by Kepro will remain confidential and continue to address personal and/or work-related concerns. Some of the specific concerns you may use the EAP for include:

    • mental health
    • substance abuse
    • grief and loss
    • legal and financial issues

The EAP will continue to provide you and your household family members up to six sessions per person per issue per year.

How to Contact Kepro:

    • Phone: 833-539-7285 or 877-334-0489 (TTY)
    • Website: https://sowi.mylifeexpert.com (code SOWI); to access the online resources, you will need to set-up a username and password

If you are currently receiving services through FEI, you may continue to do so through December 31, 2020. After January 1, 2021 you should contact Kepro to continue EAP services with your current provider (if they are in the Kepro network) or a new provider.

Note: FEI recently sent their network providers a communication making them aware of this change. The communication included information for them to become a Kepro provider.

For more information, visit the UW-Green Bay EAP webpage.

Source: UW System

TIAA virtual meetings available in January & February

Meet with a financial consultant at the University of Wisconsin System in a Virtual Counseling Session

No matter where you are in life – just getting started or planning for retirement – a session with a TIAA Financial Consultant can help you create a plan for your goals.  And, it’s at no additional cost as part of your retirement plan. You’ll get answers to these questions and more:

  • Am I invested in the right mix of investments to meet my goals?
  • Am I saving enough to create the retirement income I need?
  • How do I take income from my retirement account once I stop working?

TIAA will be available these dates and times for a virtual one-on-one session.

  • Wednesday, January 13 at 9 am – 12 pm
  • Wednesday, January 20 at 9 am – 4 pm
  • Thursday, January 21 at 9 am – 4 pm
  • Tuesday, January 26 at 9 am – 4 pm
  • Wednesday, February 3 at 9 am – 4 pm
  • Tuesday, February 9 at 9 am – 4 pm
  • Wednesday, February 10 at 9 am – 4 pm
  • Tuesday, February 23 at 9 am to 4 pm

RSVP today, as space is limited.  Register for sessions at www.TIAA.org/schedulenow or by calling 800-732-8353, weekdays, 8 am to 8 pm (ET). We look forward to working with you.

Click here to register for a virtual consultation with TIAA 

This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances.

Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

The TIAA group of companies does not offer tax advice. See your tax advisor regarding your particular situation.

TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations. 

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

2021 Benefits ID Cards

If you enrolled or made changes to your benefits during the Annual Benefits Enrollment (ABE) period, you may or may not receive new ID cards. See below for information specific to each plan.

STATE GROUP HEALTH INSURANCE
For 2021 enrollments/changes that occurred during the ABE period, health insurance plan ID cards are typically sent by the end of December if you chose a different health plan design or carrier. Present your new ID card at appointments that occur on or after January 1, 2021.

If you chose the same health plan design with the same carrier, you will typically only receive a new ID card if you added or removed dependents.

You may be able to login and print an ID card online. Remember, before you see a health care provider in 2021, check to make sure they are in-network by using the Health Plan Search.

PHARMACY BENEFITS
If you are newly enrolled in health insurance for 2021 or added/removed dependents, you will also receive an ID card from the pharmacy benefits manager, Navitus. You can expect to receive your ID card early January.

You may be able to register and login to print an ID card online at www.navitus.com.

FLEXIBLE SPENDING ACCOUNTS (FSA) AND/OR HEALTH SAVINGS ACCOUNT (HSA)
If you are enrolled in a Health Care FSA and/or an HSA for 2020 and already have a payment card from the plan administrator, ConnectYourCare (CYC), you may continue to use your current payment card until the expiration date.

If you were not enrolled in a Health Care FSA and/or an HSA in 2020, however, enrolled for 2021, you will receive a payment card from CYC by the end of December.

If you have money in multiple accounts (FSA, HSA and/or Parking), the same payment card should be used for all accounts.

PARKING AND TRANSIT ACCOUNTS
If you are enrolled in a Health Care FSA and/or an HSA for 2020 and already have a payment card from the plan administrator, ConnectYourCare (CYC) and are also enrolled in a Parking Account for 2021, you may use your current payment card for your qualifying parking expenses.

If you were not enrolled in a Health Care FSA and/or an HSA in 2020; therefore, do not already have a CYC payment card, you will receive a payment card from CYC by the end of December to use for qualifying parking expenses.

If you have money in multiple accounts (FSA, HSA and/or Parking), the same payment card should be used for all accounts.

Note: The Transit Account does not have a payment card. If enrolled, you will need to submit manual claims for reimbursement (through the myCYC app, CYC portal or paper claim form).

DENTAL INSURANCE
If you are newly enrolled in Uniform Dental, Preventive Dental, and/or Supplemental Dental (Select or Select Plus), you will receive an ID card from Delta Dental by the end of December. If you are currently enrolled, you will only receive a new ID card if your level of coverage changed (e.g. single to family).

You may be able to login and print an ID card online at www.deltadentalwi.com/state-of-wi.

VISION INSURANCE
If you are enrolled in vision insurance in 2021, you will receive an ID card from the new vision insurance administrator, DeltaVision/EyeMed. Remember to provide your vision insurance ID card to your provider at your next appointment.

You may be able to print an ID card online at www.deltadentalwi.com/state-of-wi.

Note: You do not need your ID card to seek services.

ACCIDENT INSURANCE
Securian, the Accident Insurance plan administrator, does not issue ID cards. Review the Accident Insurance page for claims filing information.

Note: Most claims must be filed shortly following an accident.

REVIEW YOUR CARDS FOR ACCURACY
Review your ID cards for accuracy. If you discover errors or if you do not receive your ID cards by mid-January, contact the plan directly to request new ID cards.

Note: Your institution’s Human Resources team is not able to request ID cards on your behalf.

Source: UW System Human Resources

UW Employees, Inc. Life Insurance Premiums to Change January 1, 2021

If you are enrolled in the UW Employees, Inc. Life Insurance, your premium rates may change slightly effective January 1, 2021 if:

    • Your age puts you in a new age category. Coverage level and premium are based on your age as of January 1st of the current year.
    • The premium rate for your age category changes. The premium rates for some age categories are changing effective January 1, 2021.

Review the 2021 UW Employees, Inc. Life Insurance premiums on the Benefit Premiums webpage. As a reminder, you pay the full cost for coverage for this life insurance.

Timing of Premium Change(s)
Premium changes for Faculty, Academic Staff and Limited Appointees (paid monthly) will be on the January 4, 2021 paycheck. For University Staff employees and Academic Staff non-exempt employees (paid biweekly) premium changes will be reflected on the December 17, 2020 paycheck.

Questions?
For general information about the UW Employees, Inc. Life insurance plan, visit the UW Employees, Inc. Life Insurance plan page or visit ALEX. If after reviewing the available resources you have questions about the premium update or increase, contact Human Resources at payrollandbenefits@uwgb.edu or (920) 465-2390.

Source: UW System Human Resources