Employee Matters

This column is prepared by staff of the Employee Compensation and Benefits Services office. You may e-mail us at Employee@bussvc.wisc.edu, or call Employee Services at 263-7556 or 262-5650.

May multiples

What are May multiple insurance deductions?
May multiple insurance deductions are taken from your May payroll check if you hold one of the following unclassified appointments and are not terminating in June, July or August:

• Faculty or academic staff academic (nine-month) appointment.
• Project or program assistant with an appointment end date in May.

Your department will determine if you are eligible for May multiple insurance deductions.

Why multiple deductions?
Multiple insurance deductions are taken from the May payroll check to ensure that your insurance coverage is continuous during the summer. Insurance premium deductions are not taken from summer session payroll. Insurance premium deductions resume with the Oct. 1 payroll check.

How is the number of deductions determined?
Four deductions will be taken for each insurance program, one each for May, June, July and August unless you retire or terminate in June, July or August.

What about multiple deductions for TSA, DC or ERA?
Multiple deductions are not taken for tax-sheltered annuities, deferred compensation or employee reimbursement accounts. You should consider this when enrolling in these programs. Deductions for these programs will resume with the Oct. 1 check. Visit the web for the the Salary Reduction Agreement (PDF), or to make changes to your deferred compensation account.

How do you continue benefits if terminating employment in the summer?
Advise your department benefits coordinator of your termination date as soon you know it. Request continuation/conversion information and application forms for all benefit plans that you want to continue. Application deadlines apply to each plan, so request and complete these forms in a timely manner.
View more information about benefits available upon termination.

How do you continue benefits if retiring in the summer?
Make an appointment with a benefits specialist by calling the Employee Compensation & Benefits Appointment Desk at 262-1212 from 7:45 a.m.-4:30 p.m., or complete the online appointment form. Appointments are limited so please request an appointment one to two months before your retirement date. A benefits specialist can counsel you about continuation/ conversion of your benefits and coordinate conversion of sick leave for continuation of your State Group Health Insurance through the Department of Employee Trust Funds.
View more information about benefits available upon retirement.

Are you anticipating a family-status change in the summer?
Notify your department benefits coordinator immediately if a family status change (i.e. marriage, divorce, birth, etc.) occurs during the summer as most plans have a 30-day deadline for submitting changes. Family status changes can affect a number of benefit plans (i.e. single-to-family, or family-to-single coverage for health insurance, a change to ERA deductions, beneficiary designation changes, etc).

Questions?
Contact a benefit specialist at the EC&BS office via e-mail at employee@bussvc.wisc.edu, or visit the EC&BS Web site.