UIA Life Insurance Annual $24 Premium Deduction
October 10, 2016
The annual $24.00 University Insurance Association (UIA) Life Insurance premium will be deducted from October monthly earnings, paid November 1, 2016.
For 2016-2017 the minimum monthly salary required for initial UIA Life Insurance eligibility is $2,592.00. 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 October 1, 2016 through September 30, 2017. Employees must re-qualify for eligibility each year.
For more information about the plan, see the UW System website.
Source: UW Service Center
Categories: Insurance