UIA Life Insurance Annual $24 Premium Deduction
October 22, 2015
The annual $24.00 University Insurance Association (UIA) mandatory premium deduction will be taken from October monthly earnings, paid October 30, 2015.
In 2015-2016 the minimum monthly salary required for initial UIA life insurance eligibility is $2,567.00. Participation in the UIA life insurance plan is a condition of employment for UW System Faculty/Academic Staff/Limited Appointment (FA/AS/LI) whose rate of compensation, when eligibility is initially met, is not less than 45% 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 10/01/2015 through 09/30/2016. Employees must re-qualify for eligibility each year.
For more information about the plan, see the UIA Fact Sheet: https://www.wisconsin.edu/ohrwd/benefits/download/life/uia/UWS1205-Fact-Sheet-10-2015---c.pdf, or the UW System website at https://www.wisconsin.edu/ohrwd/benefits/life/uia/.
Source: UW Service Center
Categories: Insurance