HR, Payroll and Benefits News

$24 UIA Life Insurance Deduction on October 31, 2014 Check
October 30, 2014

The annual $24.00 University Insurance Association (UIA) mandatory deduction will be taken from October monthly earnings, paid October 31, 2014. In 2014-2015 the minimum monthly salary required for initial eligibility is $2,789.00. Participation in the UIA Life Insurance plan is a condition of employment for UW System unclassified employees who have a faculty, academic staff or limited appointment whose rate of compensation, when eligibility is initially met, is not less than 50% of the average instructor's salary for the previous year. Once an employee becomes eligible for coverage, eligibility will continue for the full plan year of 10/01/2014 through 09/30/2015. Employees must re-qualify for eligibility each year. For more information about the plan, see the UIA Fact Sheet: http://www.uwsa.edu/ohrwd/benefits/life/uia/fact.pdf.

Source: University of Wisconsin
Categories: Insurance