Faculty Health Benefits Open Enrollment Has Started!
Annual Open Enrollment time is here for CalPERS-covered employees, which includes CSU faculty. New this year, faculty can also sign up for additional life insurance that we won during re-opener bargaining earlier this year.
Open Enrollment began September 16 and runs through October 11. Now is your opportunity to:
- Change health plans/providers
- Add or change dependents on your health plan
- Add or change beneficiaries on your pension
- Purchase Voluntary Life Insurance for you and/or your spouse.
CalPERS provides and administers a variety of benefit programs and services for public employees, including CSU employees. Healthcare providers negotiate rates directly with CalPERS (CFA and other unions are not involved), and some rates may be increasing. Faculty who want to make changes to their coverage or beneficiaries can contact their campus Human Resources department.
For more information, check out resources on the CalPERS open enrollment website like the step-by-step Open Enrollment guide video. Retirees can access the CalPERS open enrollment site for retirees.
For the employee-paid life insurance coverage, our CFA Bargaining Team negotiated a maximum of $100,000 in coverage for faculty and $50,000 for spouses, as well as additional Accidental Death and Dismemberment (AD&D) insurance (page 73 of our CBA side letters). Faculty can enroll in the Voluntary Life insurance policy now through October 11. More information on enrollment is here.
“Faculty have had to make decisions about life insurance at their time of hire, but we all know that circumstances change over our careers,” said Kevin Wehr, CFA Bargaining Team Chair and Sacramento State Professor. “Whatever change in life circumstances you may have experienced, CFA negotiated a one-time ability to increase or change terms for faculty life insurance benefits and well as AD&D insurance benefits. We hope that faculty will be able to take advantage of this to ensure the well-being of their families in case of tragedy.”
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