Employee Resource Guide

UNIVERSITY OF WISCONSIN-STOUT NEW EMPLOYEE RESOURCE GUIDE

Trust Funds (ETF). All plans offer hospital, surgical, medical and prescription coverage. Additionally, each health plan offers a high deductible health plan option.

New employees and those who are newly eligible are granted a 30-day enrollment period upon their initial hire/eligibility date. Employees with health insurance have an annual opportunity to make changes during the annual benefits enrollment period each fall. Additional information regarding benefits can be found online.

H-9 SUPPLEMENTAL INSURANCE PLANS Supplemental insurance plans for dental and vision are offered to eligible employees. Information regarding supplemental insurance plans can be found online.

H-10 TAX SHELTERED ANNUITIES (TSA) The UW Tax-Sheltered Annuity (TSA) 403(b) Program is a supplemental retirement savings program. Through the TSA Program employees can invest a portion of their income for retirement on either a pre-tax basis, an after-tax basis (Roth), or a combination of both. Participation in the UW TSA Program is voluntary with employees making the entire contribution; there is no employer match. Additional information is available online. H-11 WISCONSIN DEFERRED COMPENSATION 457 (WDC) The Wisconsin Deferred Compensation Program (WDC) is a supplemental retirement savings plan, regulated by Section 457 of the Internal Revenue Code. Through the WDC plan employees can invest a portion of their income for retirement either on a pre-tax or post-tax (Roth) basis or a combination of both. Participation in the plan is voluntary; employees make the entire contribution. There is no employer match. H-12 WISCONSIN RETIREMENT SYSTEM The Wisconsin Retirement System (WRS) provides retirement (pension) benefits to UW System employees and to most public employees across the State of Wisconsin. Any employee who meets the eligibility requirements for coverage under the Wisconsin Retirement System is automatically covered and required to pay any applicable employee contribution towards the WRS. The Wisconsin Retirement System (WRS) provides eligible State of Wisconsin employees with a lifetime retirement annuity, unless an individual only qualifies for a lump sum payout or chooses a separation benefit prior to retirement age. H-13 WRS DISABILITY RETIREMENT Employees hired before October 16, 1992, who meet certain service requirements, may choose between an LTDI benefit and a WRS disability retirement annuity. A WRS disability retirement annuity is payable for life, calculated on years of WRS service, the number of years remaining until normal retirement age, and the employees three highest years of earnings. Additional information is available online. Additional information is available online.

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