University Insurance Association (UIA) Life Insurance - Annual Premium Deduction
December 2, 2021
If you have University Insurance Association (UIA) Life Insurance, the annual premium of $24 will be deducted from your biweekly paycheck dated December 16, 2021. The annual premium was previously deducted in October. Due to the change in the Plan Year starting date from October 1 to January 1, the annual premium will be deducted from pay received during December going forward.
Participation in the UIA Life Insurance plan is a condition of employment for UW System Faculty, Academic Staff, Limited Appointees. Eligible employees must requalify for coverage each year. Employees who meet the minimum monthly salary threshold will be automatically enrolled in the plan effective January 1 with coverage through December 31.
For 2022, the minimum monthly salary threshold is $2,896. Eligible employees who meet the minimum salary threshold will be enrolled in the plan January 1, 2022 with coverage through December 31, 2022.
For more information about the plan, including coverage levels and detailed eligibility requirements, visit the UIA Life Insurance web page.
Source: UW System Human Resource
Categories: Insurance