APPENDIX
B
ENUMERATION OF BENEFITS
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A. HEALTH BENEFITS
1. |
Medical Program - A variety
of Health Maintenance Organizations (HMOs) are fee for service
plans available to cover eligible NSF and their eligible family
members. Choice of plans may vary from location to location.
Employee contribution toward the premiums will be paid on
a pre-tax basis and vary according to the plan selected by
the employee. Eligible part-time NSF appointed and paid by
the University to work a specified minimum appointment and
average regular paid time may be covered by the Core major
medical plan. NSF employees may also cover their eligible
family members.
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2. |
Dental Program - Dental plans are available
to eligible NSF employees. NSF employees may also cover their
eligible family members. Employee contribution, if required,
will be paid on a pre-tax salary reduction basis.
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3. |
Vision Program - A vision plan is available
to eligible NSF employees. NSF employees may also cover their
eligible family members. Employee contribution, if required,
will be paid on a pre-tax salary reduction basis.
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B. UNIVERSITY
OF CALIFORNIA RETIREMENT SYSTEM
1. |
University of California Retirement
Plan - NSF employees who meet eligibility requirements
shall be covered by the University of California Retirement
Plan (UCRP). UCRP includes provisions for:
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a. Basic retirement income with four
payment options;
b. Disability benefits;
c. Death benefits;
d. Pre-retirement survivor benefits; and
e. Annual automatic adjustments for increases in the
cost of living for retirees and inactive members.
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2. |
Tax-Deferred 403(b) Plan - Participation
in the UCRS Tax-Deferred 403(b) Plan is available to all University
NSF except students who normally work
less than twenty (20) hours per week. The Plan provides the
following investment options:
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a. UC Managed Funds - Participants may
choose from six (6) investment funds, Savings, Money
Market, Insurance Company Contract, Equity, Bond and
Multi-Asset Funds.
b. Calvert Socially Responsible Mutual Funds; and
c. Fidelity Investments Mutual Funds.
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3. |
Defined Contribution Plan (DC Plan)
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a. Pre-Tax Account - All current member
contributions to the University of California Retirement
Plan (UCRP) are redirected to the Pretax Account. Although
payroll reductions default to the Savings Fund, participants
may invest in any of the other UC-Managed Funds: Money
Market, Insurance Company Contract, Equity, Bond and
Multi-Asset Funds or in Fidelity Investments mutual
funds. Redirection is subject to annual Regental review.
b. Pre-Tax/Safe Harbor Account - Employees who are
not in a UC-sponsored defined benefit retirement plan
make mandatory contributions of 7.5% of earnings up
to the Social Security wage base to the Pretax Account
in lieu of paying the Old Age, Survivors and Disability
Insurance portion of Social Security taxes (Safe Harbor
contributions). Although payroll reductions default
to the Savings Fund, participants may invest in any
of the other five UC-Managed Funds or in Fidelity Investments
Mutual Funds.
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4. |
Enhanced University of California Retirement Plan
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a. The University of California shall
(as soon as reasonably practicable but no later than
six months after reaching a comprehensive Agreement
with the AFT) provide lecturers (who are hired quarter
by quarter or semester by semester and whose appointment
structures do not meet the current UCRP membership rules)
with:
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1. a prospectively expanded UCRP
membership to include certain lecturers using
a 50 percent time worked eligibility standard
tied to the academic year (9 months). The expanded
UCRP eligibility criteria would result in treating
lecturers who work 750 hours (750 hours is equivalent
to 50 percent of 9 months) during a 12-month period
in an equivalent manner as employees who work
1,000 hours (1,000 hours is equivalent to 50 percent
of 12 months). 2. a One-Time UCRP Service
Credit Allocation Program for lecturers who become
eligible for UCRP under the proposal in section
1). above, similar to the previous One-Time UCRP
Service Credit Allocations Programs for staff
and academic employees. Such program shall include
provision for an automatic allocation, and a process
to allow lecturers to request an allocation and/or
appeal for additional service credit. Such One-Time
UCRP Service Credit Allocation Program also shall
include provision of credit for time served in
the title of Visiting Lecturer upon appeal with
supporting documentation.
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C.
LIFE INSURANCE
1. |
University-Paid - Two University-Paid
life insurance plans--Basic Life and Core Life--provide basic
life insurance coverage. The amount varies, depending on your
appointment rate and average regular paid time. Eligible NSF
are automatically covered by the plan for which they qualify.
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2. |
Supplemental - Optional personal life
insurance and dependent life insurance is available and may
be purchased by eligible NSF.
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D. OTHER
INSURANCE
1. |
Accidental Death & Dismemberment
Insurance - Optional AD&D insurance may be purchased
by eligible NSF. A variety of coverages and amounts are available
to cover NSF and their eligible family members.
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2. |
Disability Insurance
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a. Short-Term Disability Insurance - Short-Term
disability insurance is available to eligible NSF.
b. Supplemental Disability Insurance - Optional
supplemental disability insurance may be purchased by
eligible NSF.
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3. |
Legal Expense Insurance Plan
- A legal expense insurance plan may be purchased by eligible
NSF. The legal plan provides NSF and their eligible family
members with coverage for basic legal services associated
with preventive, domestic, consumer and defensive legal matters.
The plan is NSF-paid through payroll deductions.
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4. |
Auto/Homeowner Insurance - Individual
auto and home insurance policies are available which may be
purchased by eligible employees through payroll deduction.
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E. OTHER
BENEFITS
1. |
Tax Effective Salary Reduction Programs
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a. Retirement Tax Savings Plan
- Required monthly participant contributions to the
DC Plan Pretax Account are automatically deducted from
gross pay before federal and state taxes are calculated.
b. Tax Savings on Insurance Premiums (TIP) -
Eligible NSF enrolled in certain benefit plans are automatically
enrolled in TIP, unless the eligible NSF makes an election
to withdraw. After the University contribution, if any,
is applied the net insurance premiums are deducted from
gross pay before federal and state taxes.
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2. |
Dependent Care Assistance Program (DepCare)
- DepCare is available to eligible NSF and allows eligible
NSF to pay for eligible dependent care expenses on a pre-
tax, salary reduction basis.
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3. |
U.S. Savings Bonds and American Century
California Tax Free and Municipal Funds. - Through
payroll deductions, eligible NSF can make investments in United
States Series EE Savings Bonds and the American Century California
Tax-Free and Municipal Funds.
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4. |
Death Payments - Death payments are provided
upon the death of an employee who has been on pay status at
least fifty percent (50%) time at least six (6) continuous
months prior to death. Payment is a sum equal to the deceased's
regular salary for one (1) month, and shall be paid to the
deceased's spouse, or if there is no spouse, to the employee's
eligible dependent(s), or if there is neither a surviving
spouse nor eligible dependent(s), to the beneficiary designated
in the deceased's University-paid life insurance policy. All
monies due and payable to the employee at the time of death
shall be paid to the employee's surviving spouse and/or eligible
dependent(s).
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5. |
Alternate Retirement Plans - NSF covered
by alternate retirement plans are not subject to the provisions
of this Article pertaining to the University of California
retirement system or program.
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6. |
Heath Care Reimbursement Account - The
Health Care Reimbursement Account is available to eligible
NSF and allows eligible NSF to pay for eligible dependent
care expenses on a pre-tax salary reduction basis.
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7. |
Business Travel Accident Insurance -
Employees who are traveling on official University business
are covered by $100,000 of accidental death and a scheduled
dismemberment insurance.
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8. |
Fee Waiver - NSFs in the unit appointed
at fifty percent (50%) or more of full time, who are residents
of the State of California for twelve (12) months or more,
are eligible for a two-thirds (2/3) reduction of both the
University registration fee and the University educational
fee, for up to nine (9) units or three (3) regular session
University courses per quarter, or up to six (6) units or
two (2) regular session University courses per semester, whichever
is greater. University extension courses are not included.
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9. |
Work-Incurred Injury Or Illness - NSFs
in the unit who are unable to work due to a work-incurred
injury or illness may be covered by the California Workers'
Compensation.
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