New Employee Orientation: Benefits

1. New Employee Orientation: Benefits Office of Human Resources Denton, Texas 940/898-3555 Tony Yardley, Sr. HR Generalist Angela Cagle, Manager of Benefits

2. AgendaGENDA FOR TODAY? Office of Human Resources Denton, Texas 940/898-3555

3. Health Coverage – Prior Service Office of Human Resources Denton, Texas 940/898-3555

4. Health Insurance Overview • Premiums • Employee Only Health Insurance – No Cost • 50% State Contribution for Dependents • Part-time rates (50/50 EE, 75/25 Dep) • Enrollment Deadline • Automatic Enrollment for full-time employees • Dependent enrollment and part-time enrollment employees – 60 days following the first day of employment • Effective Date • First of the month following the 60 the day of employment Office of Human Resources Denton, Texas 940/898-3555

5. Health Insurance Overview Office of Human Resources Denton, Texas 940/898-3555 • Hospital co-payments • $100 Outpatient co-pay then 80/20 • $150 Inpatient co-pay per day up to 5 day maximum and 80/20 • $150 ER co-pay then 80/20 • $50 Urgent Care then 80/20 • Non-Network benefits Available. • No deductible • $2,000/Calendar year Coinsurance Maximum • Primary Care Physician Required • Specialist Referrals required (except for one routine OB-GYN & Ophthalmologist/Optometrist) • Low office visit co-pay • $25 Primary Care Physician • $40 Specialist

6. Health Insurance Overview Office of Human Resources Denton, Texas 940/898-3555

7. PRESCRIPTION DRUG PROGRAM • Prescriptions are $15, $35, $60 • $50 Plan Year (9/1 to 8/31) deductible (per family member) • Generics mandatory when available • Maintenance medications (long-term)- Use mail order or pay cost difference and continue to use network pharmacy Office of Human Resources Denton, Texas 940/898-3555

8. Optional Benefits • Premiums: Fully paid by the employee • Enrollment Deadline: 30 days from your hire date • Effective Date: 1st of the month following enrollment Office of Human Resources Denton, Texas 940/898-3555

9. Dental Insurance ERS has offers two dental plans. Each has different costs, benefits, service areas and participating dentists. Humana Dental This plan works like an HMO. You and your eligible dependents must get your dental care within the Humana Dental HMO service area (inside the state of Texas). $9.12 EE Only State of Texas Dental Choice Plan Administered by the Humana, this plan allows you to visit any dentist, and you and eligible dependents can enroll regardless of where you live. $23.58 EE only Office of Human Resources Denton, Texas 940/898-3555

10. Optional Term Life Office of Human Resources Denton, Texas 940/898-3555

11. Dependent Term Life • Life insurance coverage for each covered family member • $5,000 policy • $1.38 per month (all dependents) *Administered by Fort Dearborn Life Insurance Company (FDL). Office of Human Resources Denton, Texas 940/898-3555

12. Voluntary Accidental Death & Dismemberment (AD&D) Accidental death In the event of your death as the direct result of an accident, your beneficiary will receive the amount of insurance you select. Dismemberment If you have an accident and experience bodily losses as a direct result of the accident, you will receive AD&D benefits. Cost The cost of Voluntary AD&D coverage depends on the amount of coverage you purchase. Coverage is purchased in increments of $5,000: the minimum coverage available is $10,000, and the maximum coverage available is $200,000 and is available for you and your dependents. .02 cents per $1000 for EE only. .04 cents per $1000 for EE & Family. Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

13. Disability Insurance Short Term Long Term Premium is .63 per $100 of monthly salary Must be fully disabled Must be off work 180 days before coverage begins Insurance pays 60% of salary until age 65 Maximum benefit: $6,000 per month • Premium is .30 per $100 of monthly salary • Must be fully disabled • Must be off work 30 days before coverage begins • Insurance pays 66% of salary for a maximum of 5 months • Maximum benefit: $6,600 per month Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

14. TexFlex Reimbursement Accounts TexFlex Health Care Account: $2500 TexFlex Day Care Account: $5,000 Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

15. Opt-Out Health Insurance Opt-Out Program • Employees who choose to not elect the State’s health insurance due to other coverage. • Credit provided for employees to use toward dental and Voluntary AD&D premiums. Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

16. ERS Online To Enroll in optional coverage please visit the ERS website: • Go to http://www.ers.state.tx.us/login/ • Click on “Enroll” • Register and login • Click on “Post-Hire Change” NOTE: New hire information must be entered by the benefits team into ERS prior to your enrollment. NOTE: You must certify Tobacco Use or be charged a premium Office of Human Resources Denton, Texas 940/898-3555

17. Enrollment Deadlines Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555 • 60 days from your hire date to add a dependent(s) to your health insurance. • 30 days from your hire date to enroll in optional coverage.

18. Voluntary Benefits • TWU Voluntary Benefit Program: Supplemental Medical • Pre-tax through payroll deduction • 30 day enrollment period for New Hires • Subject to annual enrollment • Offered by Humana: 3 Policies • Critical Illness/Cancer • Accident • Hospital Indemnity • *Based on the level you choose pays cash to you for life’s unplanned circumstances • How to enroll: https://www.in-roll.com/Common/Login.aspx Enrollment Deadlines Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

19. Voluntary Benefits • TWU Voluntary Benefit Program: Other Products • Post-tax through payroll deduction • Enrollment allowed throughout year • Legal Shield: • Identity Theft • Legal • ASPCA Pet Insurance • MASA Air Ambulance • Liberty Mutual: • Auto • Home Enrollment Deadlines Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

20. Voluntary Benefits How to enroll: https://twu.powerbenefits.com/ Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555 • Oracle ID required to enroll: This is NOT your badge ID. You will have access to this ID following your Portal Access. • Contact Benefits Team for enrollment assistance

21. Other Voluntary Benefits Employee Assistance Program (EAP) Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555 1-800-343-3822

22. Other Voluntary Benefits Fitness & Recreation Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555 State-of-the art fitness center Outdoor pool Tennis courts Golf course $75/semester Sponsor one person per semester at $95/semester *Payroll deduction available once per year

23. TEACHER RETIREMENT SYSTEM OF TEXAS (TRS) Office of Human Resources Denton, Texas 940/898-3555 • Defined Benefits Plan • Vesting period of five years • Normal Age Retirement: • Rule of 80 or Age 65 + 5 years service for employees vested as of 08/31/14 • Rule of 80 and age 62 for all other employees, 5% reduction per year prior to age 62 • TRS standard annuity (maximum annual benefit): • 2.3% x years of service X average of five highest fiscal year salaries: • e.g., 25 yrs x 2.3% = .575 x $50,000 = $28,750/yr. ($2395.83/mth) • Contributions: • Employee: 6.4% of gross salary into your account • Employer/State: 6.8% to TRS fund • Employee and Employer contributions will increase over next 5 years • Additional benefits: • Death/Survivor benefits: $10,000 - $80,000 • Disability retirement benefits (based on yrs of service) • Ability to purchase credit toward retirement (e.g., out-of-state service, military service)

24. Will you have enough money in retirement? Office of Human Resources Denton, Texas 940/898-3555 • Consider a stable income for your retirement: Your pension (State retirement) Social Security Personal savings and investments (like a 401(k), 457 or IRA) • Deductions on a Pre-Tax/ or Post-Tax basis • Flexible enrollment throughout the year • Increase/Decreased deduction amounts anytime • Start/Stop deductions anytime • Minimum monthly contribution - $20.00 • TWU 403B Enrollment: https://www.myretirementmanager.com/?twu • TEXA$AVER 457 Enrollment: https://texasaver.gwrs.com/login.do

25. Worker’s Compensation Office of Human Resources Denton, Texas 940/898-3555

26. Important Takeaways • Full Time employees are automatically enrolled in health coverage at no cost. The effective date is the first of the month following 60 days of employment. • Part time employees and dependents must be self-enrolled online by you within 60 days of your hire date. • Optional Benefit premiums are paid fully by the employee and must be self-enrolled online by you within 30 days of your hire date. The effective date is the first of the month following your enrollment. • You must choose a Primary Care Physician (PCP). Specialist referrals ARE required. Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

27. Important Takeaways • Health Insurance Cards will be mailed to you by the effective date • Call United Health Care with your PCP choice as soon as you receive your insurance cards. • You must certify Tobacco Use for you and dependents or be charged a $30.00 premium for you and up to $90.00 per household. If you will be choosing optional benefits certify your tobacco use at the same time. Otherwise you may certify prior to the 60 day deadline. • Personal Information including address must be updated in ERS by you Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555

28. What if I Have Questions Later? ERS Benefits Information: www.ers.state.tx.us United HealthSelect: http://healthselectoftexas.welcometouhc.com/index.html To Designate Primary Care Physician: Step 1: Visit - http://healthselectoftexas.welcometouhc.com/physicians-facilities.html Step 2: Call United HealthCare Customer Service: 866-336-9371 Dental Humana: http://www.humana.com/custom_clients/ers/ TWU Benefits Department: e-mail: Tony Yardley: ayardley@twu.edu or 214-689-6550 e-mail: Angela Cagle: acagle@twu.edu or 940-898-3552 Office of Human Resources Denton, Texas 940/898-3555 Office of Human Resources Denton, Texas 940/898-3555