Division of Human ResourcesWelcomes You!
Jaffus Hardrick, Ed.D.
Vice President, Human ResourcesVice Provost for Student Access & Success
Payroll Essentials
Presented by:
Carlos A. FloresAssistant Vice PresidentDivision of Human Resources
MyFIU – Main Menu
BENEFITS ADMINISTRATION
Presented by:
Crystal HsuAssistant DirectorBenefits Administration
Benefits Options
�State Benefits Administrator
�Benefits
�FICA Alternative Plan
• Health care law requires most U.S. citizens to have health insurance coverage as of January 1, 2014; or potentially pay a tax penalty for noncompliance
Patient Protection
Affordable Care Act
• One stop shop to find quality health coverage
• Through the Marketplace website you can purchase private health insurance
Health Exchange Options
HealthCare.gov
• No pre-existing condition exclusions, regardless of age
• No annual dollar limit on essential health benefits
• Preventative Health Services at no cost
• Extension of coverage to adult children
Health Insurance Design
• Employers are required to offer affordable coverage that meets minimum standards to full-time employees (average 30 or more hours per week)
• Employer On Record: State of Florida, Division of State Group Insurance
Employer Mandate
myFlorida.com/myBenefits
1-866-663-4735
Health Insurance Marketplace
STATE-SPONSORED PLANS
• Medical (Health Insurance)
• Prescription Drug Plans
• Dental Insurance
• Vision Insurance
• Tax-Favored Accounts
• State Life Insurance Plans
• Other Supplemental Plans
For more information please visit http://hr.fiu.edu
Eligible or Not?
• Welcome New Hire Package from People First
• Package not received? Contact 305-348-2181
• Coverage Effective: First (1st date) of the 3rd
month following enrollment and payment
received
• Required Information: Social Security Number
and Date of Birth for all Eligible dependents
• Premium Payment: one month in advance
Benefits Lab : 08/22-23/2016
FICA Alternative Plan
• All temporary eligible employees who are not covered by the State Retirement System , excluding students, are automatically enrolled in this plan.
• FICA Alternative Plan administered through Bencor, Inc.
• In lieu of paying 6.2 %of after-tax wages to Social Security, eligible employees will contribute 7.5 % of before-tax wages to an investment account under their name
(Medicare contributions of 1.45 % will continue to be withheld and matched by FIU)
Voluntary Retirement Contribution
403b
10 providers to choose from
IRS Limit
Under 50 yrs. old: $18,000
Over 50 yrs. old: $24,000
AXA, Fidelity, ING Reliastar, Jeffereson National, MetLife,
Symetra, TIAA-CREF,
T. Rowe Price, Valic, Vanguard, VOYA
4576 providers through
Florida Deferred Compensation
IRS Limit
Under 50 yrs. old: $18,000
Over 50 yrs. old: $24,000
Charles Schwab, Great West,
ING, Nationwide,
T. Rowe Price & Valic
For more information please visit http://hr.fiu.edu
Workers’ Compensation• Report to Supervisor
• Emergency transportation CALL Public Safety at (305) 348-5911
• Go to the nearest emergency room
Medical Emergency
• Report to Supervisor
• Complete Injury Report OnlineNon Emergency
• Mary Cruz
• 305-348-7960 or 305-348-2181• [email protected]
Workers’ Compensation
Assistant
• Emergency Contact: 1-800-455-2079 AmeriSys
Contacts
21
• 1-866-663-4735• www.peoplefirst.myflorida.com
People First
• 1-888-258-3422• https://bencorplans.usretirementpar
tners.com Bencor, Inc
• 305-348-2181• [email protected]
Human Resources Service Center
Welcome to the
Panther Family