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April 2013

April 2013. Agenda. PLD Plan S tatus Update State/Teacher New Plan Teacher Employer Cost Process Group Life Insurance Employer Reporting MainePERS – On the Road Again. Plan Change Proposal Updates. Break Time. Teacher Employer Cost Process. MainePERS & State Biennial Budget

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April 2013

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  1. April 2013

  2. Agenda • PLD Plan Status Update • State/Teacher New Plan • Teacher Employer Cost Process • Group Life Insurance • Employer Reporting • MainePERS – On the Road Again

  3. Plan Change Proposal Updates

  4. Break Time

  5. Teacher Employer Cost Process • MainePERS & State Biennial Budget • Actuarial Projections • Rates • DOE & Teacher Employers • School System Funding Specifics • DOE Contacts: • suzan.beaudoin@maine.gov 624.6795 • jim.rier@maine.gov 624.6794 • joanne.allen@maine.gov 624.6795

  6. Chapter 601 When we identify an error the employee will have 31 days from the date they are notified to select coverage and pay back premiums. Back premiums should be submitted as an adjustment on the monthly invoice. If employee files EOI - 31 days on hold until decision from Aetna. If denied- 31 days to elect coverage and submit back premiums.

  7. Life Essentials • Life Essentials is a program offered through Aetna that gives those who participate in our group life program access to additional resources. • Financial • Legal • Emotional • Physical

  8. Employer Refunds – Direct Deposit

  9. ESS – Technical Specifications • See the March Employer Update • What we’re recommending for each component • Caution needed if using browsers other than IE or Firefox

  10. MainePERS – On the Road • Help us help you . . . • What: • We’re coming to you • Regional groupings • When? • October • 2 to 3 hours or more? • Why . . . because we want to hear from you

  11. Thank you Employer Reporting Working Group

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