A variety of Health Maintenance Organizations (HMOs) and fee-for-service plans
are available to cover eligible employees and their eligible family members.
Choice of plans may vary from location to location. Eligible part-time employees
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.
The plan is available to the employee and eligible family members.
DENTAL PROGRAM
Dental plans are available to eligible employees. Employees may cover
themselves and eligible family members.
VISION PROGRAM
A vision plan is available to eligible employees. Employees may cover
themselves and their eligible family members.
UNIVERSITY OF CALIFORNIA RETIREMENT SYSTEM
University of California Retirement Plan - Eligible employees covered by this
Agreement shall be covered by the University of California Retirement Plan
(UCRP).
UCRP Tier Two Benefits - The Tier Two membership classification of
UCRP was closed on July 1, 1990 and is only available on a continuing
basis to active UCRP members who previously elected Tier Two.
Tax-Deferred 403(b) Plan - Participation in the UCRP Tax-Deferred 403(b) Plan
is available to all University employees except students who normally work less
than twenty (20) hours per week. The Plan provides the following investment
options:
UC Managed Funds - Participants may choose from six (6) investment
funds, Savings, Money Market, Insurance Company Contract, Equity,
Bond and Multi-Asset Funds.
Calvert Socially Responsible Mutual Funds; and
Fidelity Investments Mutual Funds.
Defined Contribution Plan (DC Plan)
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.
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.
After Tax Account - Voluntary participation in the After-Tax Account is
available to all University employees except students who normally work
less than twenty (20) hours per week. Payroll deductions may be
invested in any of the UC-Managed Funds (Savings, Money Market,
Insurance Company Contract, Equity, Bond and Multi-Asset Funds) or in
Fidelity Investments mutual funds.
LIFE INSURANCE PROGRAM
University-Paid
Two University-Paid life insurance plans--Basic Life and Core Life--provide
basic life insurance coverage. The amount varies, depending on the employee's
appointment rate and average regular paid time. Eligible employees are
automatically covered by the plan for which they qualify.
Supplemental
Optional personal life insurance and dependent life insurance is available and
may be purchased by eligible employees.
OTHER INSURANCE
ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE
Eligible employees may purchase Optional AD&D insurance. A variety of
coverages and amounts of coverage are available to cover themselves and their
eligible family members.
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.
DISABILITY INSURANCE
Short-Term Disability Insurance
Short term disability insurance is available to eligible employees.
Supplemental Disability Insurance
Optional supplemental disability insurance may be purchased by eligible
employees.
LEGAL EXPENSE INSURANCE PLAN
Legal expense insurance may be purchased by eligible employees. The legal
plan provides employees and their eligible family members with coverage for
basic legal services associated with preventive, domestic, consumer and
defensive legal matters. The plan is employee-paid through payroll deductions.
AUTO/HOMEOWNER INSURANCE
Individual auto and home insurance policies are available which may be
purchased by eligible employees through payroll deduction.
OTHER BENEFITS
TAX EFFECTIVE SALARY REDUCTION PROGRAMS
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.
Tax Savings on Insurance Premiums (TIP)
Employees enrolled in certain benefit plans are automatically enrolled in
TIP, unless the employee makes an election to withdraw. This program
allows employees to pay premiums on a pre-tax salary reduction basis.
After the University contribution, if any, is applied, the net insurance
premiums are deducted from gross pay before federal and state taxes.
Dependent Care Assistance Program (DepCare)
Available to eligible employees. This program allows employees to pay
for eligible dependent care expenses on a pre-tax, salary reduction basis.
Health Care Reimbursement Account
The Health Care Reimbursement Account is available to eligible librarians
and allows them to pay for eligible health care expenses on a pre-tax,
salary reduction basis.
U.S. Savings Bonds and American Century California Tax Free and
Municipal Funds
Through payroll deductions, investments can be made in United States
Series EE Savings Bonds and the American Century California Tax-Free
and Municipal Funds.
Death Payments
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 a sum equal to the
deceased's regular salary for one (1) month 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).
Work Incurred Injury or Illness
Librarians in the unit who are unable to work due to a work-incurred injury or
illness may be covered by the California Workers Compensation Program.
