HR, Payroll and Benefits News

Income Continuation Insurance Deferred Enrollment Through March 1, 2021
January 21, 2021

You may be eligible to participate in the annual Income Continuation Insurance (ICI) Deferred Enrollment opportunity now through March 1, 2021. ICI is an ‘income replacement’ benefit that replaces up to 75% of your gross salary if you are unable to work due to a short or long-term disability. Employees who are eligible to participate in the ICI Deferred Enrollment opportunity were notified by email on January 16.

Eligibility

How are ICI Coverage and Premiums Determined?

ICI coverage and premiums are based in part on your eligible earnings.* For University Staff employees, your sick leave balance* is also a factor in determining premiums. For Faculty, Academic Staff and Limited Appointees, the elimination period you elected is an additional factor in determining premiums.

*If you were placed on an intermittent furlough, temporary work reduction, consecutive day furlough or were on an unpaid leave of absence during 2020, review your ICI employee web page for information on how your premium may be affected.

ICI Benefits

For More Information or to Enroll in ICI during the Deferred Enrollment Period

Review the UW System Employee Benefits ICI web page or visit ALEX.

To enroll during the ICI Deferred Enrollment Period, submit an application to your human resources office by 4:30 p.m. on Monday, March 1, 2021.

If you have questions after reviewing the available information, contact your human resources office.

Source: UW System Human Resources
Categories: Insurance