Consolidated Benefits (CoBen) Allowance -- 2007
Employees in Bargaining Unit 7
receive a CoBen allowance. A CoBen
allowance is the amount the State pays each month toward the combined cost of
your health, dental, and vision benefits.
Employees in this unit hired
on or after July 1, 2006, are subject to "dependent vesting." That means you
receive the full allowance for 1-party coverage but less than the full amount
for 2-party or 3-party coverage during your first two years of State employment:
50 percent of the employer contribution for dependents during the first year
and 75 percent during the second year. After two years, you receive the full
employer contribution for dependents.
The chart below shows the 2007
CoBen allowances for Unit 7 employees hired before
July 1, 2006, and after.
Unit 7 Employees
|
CoBen Allowance
|
2006
|
2007
|
|
Hired before 7-1-06
1-party
2-party
3-party
|
$365
$696
$906
|
$381
$748
$978
|
|
Hired on or after 7-1-06;
less than 1 yr. of
service
1-party
2-party
3-party
|
$365
$544
$663
|
$381
$578
$707
|
|
Hired on or after 7-1-06;
1 - 2 yrs. of
service
1-party
2-party
3-party
|
--
--
--
|
$381
$663
$843
|
CoBen Calculator: Use DPA's CoBen calculator to see how
much will be deducted from your paycheck, or added to it, based on which health
and dental plans you choose. (Vision benefits are automatically included.)