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>
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.
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>
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>
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.
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.
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>
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.
Highlights for this year include: less than $6 monthly premium increase for many employees, all current medical plans will be available in 2016, dental and vision care continue to be free, and no rate change for the ARAG legal benefit plan. Go here for more information and to view 2016 rates.
President Napolitano has appointed a systemwide task force of UC faculty, staff and administrators to help develop a new set of retirement benefits options for UC to offer future employees hired on or after July 1, 2016. The task force will hold its first meeting on Aug. 7 and is expected to deliver its recommendations to President Napolitano by early 2016. More>