If you have health and/or dental coverage through your spouse or another source, you may opt to receive taxable cash in your paycheck in lieu of these benefits. You may enroll in this "cash option," or cancel/change your current cash option, during open enrollment. See your personnel office for details and forms.
If you're already receiving a cash option and want to continue receiving it in 2005, you don't need to take any action during open enrollment, unless you're a Permanent-Intermittent (PI) employee. PI employees who want to continue receiving their cash option in 2005 must re-enroll during open enrollment.
2005 Cash Options
|
Bargaining Units 1, 3, 4, 5, 6, 9, 10, 11, 12, 13, 14, 15, 20, and 21*
|
|
In lieu of health and dental benefits
|
$140/mo.
|
|
In lieu of health benefits only
|
$128/mo.
|
|
Bargaining Units 2, 7, 8, 16, 17, 18, and 19, and excluded employees**
|
|
In lieu of health and dental benefits
|
$155/mo.
|
|
In lieu of health benefits only
/TD>
|
$130/mo.
|
* The FlexElect program administers the cash option for employees in the top chart.
** The CoBen program administers the cash option for employees in the bottom chart.
