Presented by the Department of Human

Resources

Employee BenefitsTOPICS

Health Insurance Pension

Commuter Benefits ProgramWageWorks

PSC-CUNY Welfare Fund

Time & Leave Additional Benefits

Health InsuranceTYPES OF COVERAGE PROVIDER

SDESCRIPTION

Health Maintenance Organization (HMO)

HIP, Aetna HMO, CIGNA, Empire

•Personal Care Physician (PCP)•Need referrals•Little or no out of pocket expense

Exclusive Provider Organization(EPO)

Empire •Must stay in network only•No referrals•No Primary Care Physician (PCP)•Higher Bi-weekly premiums

Point of Service (POS) HIP Prime POS

•In/out of network flexibility•Deductibles•Higher Bi-weekly premiums

Preferred Provider Organization(PPO)

GHI- CBP/EBCBS

•In/out of network flexibility•Freedom to choose•Deductibles for out of network•Negotiated lower payments

Health Insurance (cont’d)

The Summary Program Description Manual describes City of New York health benefits program in detail. www.nyc.gov/olr

Open Enrollment Period this year is scheduled for:

- Fall 2012 (TBD)

Pension – Irrevocable ChoiceNYC Teacher’s

Retirement System (Tier VI)

Optional Retirement Program TIAA –CREF (Tier VI)

Defined Benefit Plan: Benefits based on age, average of highest five years consecutive salary and years of employment

Defined Contribution Plan: Benefits are based on the amounts contributed by the employer and employee and the success of the employee’s choice of investments

Vesting: 10 years of full-time credited service

Vesting: After 366 days of continuous full-time employment (immediately if the employee has prior vested TIAA-CREF retirement contract.)

Contribution: 3% until 4/1/13; then contribution rate depends on salary.

Contribution: Employee Contribution 3% until 4/1/13; then contribution rate depends on salary, Employer contributes 8% for the first 7 years and 10% thereafter.

Retirement Age: 63 with unreduced retiree health benefits.

No retirement age, however needs 15 years of continuous F/T service and be age 62 for unreduced retiree health benefits.

TYPE OF COVERAGE

TITLES PROVIDER WHO IS COVERED

403(b) Supplemental Retirement Annuity (SRA)

TIAA-CREFHRC

FacultyHEO SeriesClassified Managerial

457(b) Deferred Compensation Plan

NY State Deferred Compensation Board

All employees

401 (k) City of New York 401 (k) Retirement Plan

City of New York Community College Employees only.

PSC-CUNY Welfare Fund Basic Benefits

Prescription Drugs – MEDCO (PICA through OLR)DentalOpticalDeath BenefitLong Term Disability (After completing 1 yr of

service)Hearing Aid BenefitTerm Life Insurance (One year free for new

NYSUT members)Extended Medical Benefit (For GHI members only)

Benefits effective the First of the Month

PSC-CUNY Welfare Fund Optional Benefits

Enhanced Long Term DisabilityCatastrophic Major Medical Term Life Insurance - NYSUT

For further information visit the website, www.psccunywf.org or call 212-354-5230

LEAVESTYPE OF LEAVES

• Family Medical Leave (FML)• Paid Parental Leave (PPL)• Scheduled Holidays• Unscheduled Holidays• Annual Leave• Temporary Disability (sick)• Jury Duty

Other LeavesSpecial Leave for Child Care (Unpaid)

Presidential Leave for Personal Emergencies (up to 10 days)

Dedicated Sick leave (DSL)

COMMUTER BENEFIT PLAN

WAGEWORKS• Benefit for all employees• Defer transportation cost into pre-tax account (tax deferred up to $125 per month)• Only 2 Bi-weekly payroll deductions allowed per month and monthly Admin Fee($1.77 - $3.05)• Used on MTA Subway and Buses, LIRR, Metro North, NJ Transit• Park-n-Ride option available

Other Benefits

TYPE OF BENEFIT DEFINITION

NY 529 College Savings Program Provides flexible and convenient low-cost ways to save for college – save for children/ grandchildren education

CUNY Tuition Fee Waiver Employees can attend any CUNY CollegesGraduate & Undergraduate courses during Fall and Spring session. No summer courses

Workers’ Compensation Employees who suffer a job-related injury or illness

Employee Assistance Programs:• CUNY Work/Life Program

Open to all teaching faculty, HEO Series and Classified Managerial staff

Pre-Tax Benefits ProgramsApplication within 30 days of appointment or during Fall enrollment period

TYPE OF COVERAGE WHAT IS COVERED

Health Care FlexibleSpending Accounts (HCFSA)

• Reduces taxable income • Can be used to pay for medical expenses such as:

- Co-payments- Dental- Prescription

• “Use it or lose it” Rule applies

Dependent Care Assistance Program (DeCAP)

• Reduces taxable income• Reimbursement after filing income taxes• Pays for nursery schools/certified child care• “Use it or lose it” Rule applies

Pre-tax Benefits Programs Continued

TYPE OF COVERAGE WHAT IS COVERED

Medical Spending Conversion(MSC)

• Allows City Employees to receive annual incentive payment in exchange for waiving City health benefits when other non-City group coverage is available to them• Employees receive $500 for waiving individual coverage and $1000 for waiving group coverage.•Paid semi-annually

Questions & AnswersContact Information:Nila Bhaumik, Deputy Director, Human

Resources, nilas@lagcc.cuny.edu, Phone (718)482-5082

Andrea Cambridge, Benefits Coordinator, Human Resources, acambridge@lagcc.cuny.edu, Phone (718)482-5086

Nicole Paige, Benefits Assistant, Human Resources, npaige@lagcc.cuny.edu, Phone (718)482-5075