Faculty and staff on academic or 9-month appointments will have summer premiums and surcharges collected from the last paychecks of Spring Semester. Summer premiums for life insurance will be collected from the first May paycheck, and medical premiums and any surcharges will be collected from the second May paycheck. The lump sum premium will be the equivalent of seven pay periods (one May contribution, and all June, July, and August premiums).
For individuals on other less than 12-month appointments (9.5, 10, or 11 month appointments), deduction dates will vary based on when the summer break occurs.
Additional information can be found in the Frequently Asked Questions.
Medical Insurance Premiums and Surcharges
Employees will continue to see medical premiums, as well as any applicable tobacco and/or spouse insurance surcharges collected from the second May paycheck. Life insurance premiums for the summer months, however, will be collected from the first May paycheck (see next section for additional details).
For more details on this lump sum payment, view the summer medical premium payment chart.
Life Insurance Premiums
Life insurance summer premiums will be collected on the first May paycheck and reflect seven times the usual pay period amount. The normal pay period premium will be collected on the second May paycheck and not be included in the summer lump premium taken from the first May paycheck.
WSU pays MetLife, the insurance provider, directly on a pay cycle basis. Therefore, the summer life insurance premiums will be placed in a customer account with University Receivables for each employee, and every pay cycle over the summer, payment to MetLife will be taken from the individual’s account. The funds in this account are designated for life insurance premiums and cannot be used for any other charges an individual may incur on their customer account.
In the event a life insurance change were to occur over the summer which would result in the customer account either being deficient of full premiums or having a surplus, WSU will collect/refund associated premiums in the fall when the employee returns to work to bring accounts into balance. Changes that could cause premiums to be deficient or surplus would be an increase in premiums due to a birth date or adding/dropping coverage over the summer.
Summer Benefits Example
An employee has full family coverage (self, spouse, and child(ren)) under Uniform Medical Classic Plan and Employee Supplemental Life Insurance. They normally pay $152.00 for the UMP, and $45.00 for Life insurance each pay period.
|Premiums||First May Check||Second May Check|
Life Insurance (Summer Benefits)
+ $270.00 ($45.00 x 6)
Health Insurance (Summer Benefits)
+ $912.00($152.00 x 6)
**Normal life insurance deduction on the second May check
**Normal health insurance deduction on the first May check
Questions can be directed to Human Resource Services at 509-335-4521, firstname.lastname@example.org.