Important Benefit Information
PRE - TAX PREMIUM CONTRIBUTIONS
It is important to remember that all contributions for medical, dental, and vision premiums are paid on a pre - tax basis according to Section 125 of the IRS code. This means premiums will be deducted pre - tax from your gross income. The remaining payroll amount will be subject to tax.
Benefit Allotment
The District covers all of the “ Employee Only ” cost of the Base PPO Medical, Guardian Dental PPO and EyeMed Vision plans. The benefit allotment designated for January 1, 202 4 through December 31, 202 4 is $84 8.54 per month.
◼ Unused benefit allocation funds will be distributed over the course of the plan year on each pay date as taxable income.
◼ If you participate in the Health Savings Account, the District provided H.S.A contribution will be $125 per month which will be deducted from the allotment.
STIPEND IN LIEU OF BENEFITS
The District offers an $1,800 annual stipend to any employee who is eligible for insurance benefits, waives the medical coverage, and can prove they are covered elsewhere under another medical plan. The $1,800 stipend is equally divided by the number of pay dates in the plan year (January 1 to December 31) and the pro - rated amount is included in your paycheck. Employees who become eligible for the stipend at any time during the plan year due to a qualifying event or as a new hire, will receive only the pro - rated amount.
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The stipend will be paid as taxable income
◼ A signed waiver is required along with proof of coverage
This is an annual election. Your signed waiver and proof of coverage is required every year. The waiver form can be found and printed from the EMB enrollment site.
Send your completed waiver form along with proof of current coverage to the Business Office. A copy of your current medical identification card is acceptable as proof of current coverage.
Dependent Eligibility Audit
In 202 2 , The School District of Clayton performed an eligibility audit. The audit required all employees who elected to cover their dependents under their employee benefit plans to provide specific documentation showing the dependent ’ s eligibility. As an ongoing process to identify eligible dependents, all new employee and any current employee who adds dependent coverage will be asked to provide the required documentation. The District will also choose, on a random basis, employee ’ s with current dependent coverage to again show documentation of eligibility.
Sick Leave, Vacation Time, Other Benefits
You can access additional employee benefit information by going to the District ’ s home page and linking to Staff, Human Resources, Employee Resources, Leave Guidelines.
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