Today at Berkeley Lab

Oct. 13 Presentation on Preparing for Retirement

Meet retirement counselors from the UC Retirement Administration Service Center as they explain UC retirement benefits and eligibility rules for health coverage, describe the steps required to get ready for retirement, and answer questions. The meeting runs from 1:30 to 3:30 p.m. in the Building 50 auditorium and will be live-streamed. More>

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UC Announces New Disability Insurance Options for 2017

Employees can choose Voluntary Short-Term Disability (benefits up to six months), Long-Term Disability (benefits after six months, up to your Social Security retirement age) or both, depending on needs and budget. Since premiums are paid with after-tax dollars, income from Voluntary Disability Insurance is generally not taxable. View informational video here. More>

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2017 Vendor Changes for UC’s PPO Plans

With Blue Shield of California’s rate guarantees expiring, other vendors were evaluated through a formal request for proposal process. UC has selected Anthem to replace Blue Shield as the claims administrator and network provider for UC Care, Health Savings Plan, Core, and Blue Shield Medicare plans. More>

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‘Preparing for Retirement’ Event on April 26

Retirement counselors from the UC Office of the President’s Retirement Administration Service Center will discuss UC’s retirement benefits and eligibility rules for retiree health benefits, describe the steps you need to take to retire, and answer questions. The event will take place from 1.30 to 3.30 p.m. in the Building 50 Auditorium and will be live streamed.

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ADP to Mail IRS Form 1095 for 2015

Over the next few days, employees will receive Form 1095 to document information provided on their 2015 federal tax returns regarding health insurance coverage. Depending on employment status and the type of coverage, staff may receive one or more copies of Form 1095-B or 1095-C. More>

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UC’s Napolitano Outlines New Retirement Program for Future Employees

UC President Janet Napolitano will ask the Regents to approve implementation of a new set of retirement benefits for future UC employees hired on or after July 1, 2016. New staff will be offered one of two options: a pension plus 401(k)-style supplemental benefit, or a stand-alone 401(k)-style benefit. More>

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Affordable Care Act (ACA) Tax Forms

By March 31, 2016, members of a University of California-sponsored medical plan will receive Form 1095, which will be used to document information you provide on your 2015 federal tax return regarding health insurance coverage. Berkeley Lab has engaged an outside vendor, ADP, to produce and mail the forms. Go here and look for the Affordable Care Act tab.

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Fidelity Hosts Financial Workshops on Jan. 29

The workshops include Designing a Financial Road Map (8:30 to 9:30 a.m.), Your UC Retirement System (9:30 to 10:30 a.m.), and Building a Portfolio for Any Weather (10:30 to 11:30 a.m.). A Fidelity representative will staff a help desk in the cafeteria lobby from noon to 2 p.m. that day.

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UC Task Force Recommends New Retirement Benefits for Future Employees

President Napolitano is inviting faculty, staff and other members of the UC community to provide feedback on task force recommendations for new retirement benefits that affect future UC employees. Feedback from the UC community will help inform the proposal the president is expected to bring to the UC Board of Regents in March. More>

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Check January Paychecks to Ensure Correct Benefit Enrollments

Employees who made changes during Open Enrollment should verify that the changes made are shown. Also, double-check other benefit elections and deductions. If errors are found, send an e-mail to the Lab’s Benefits Office.

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