NOTICE: This is intended as a summary of benefits. Please see summary plan documents and/or plan description in Human Resources or in the Handbook.
403(b)
Accident Insurance
Cancer Insurance
Child/Dependent Reimbursement Accounts
Critical Illness Insurance
Dental
Disability Insurance
Employee Assistance Program and Work-Life Services
Federal Income Tax
Faculty/Staff Apartments
Health Insurance
Health Insurance Premiums
Life Insurance (State Term)
Life Insurance (Guardian Term)
Medical Reimbursement Accounts
Mississippi Deferred Compensation(IRS Section 457 Plan) This link takes you to another site.
MUW Employees' Federal Credit Union
MUW Foundation
MUW Tuition Fee Waiver Plan
On-campus Health Center
Optional Benefits
ORP
PERS
Personal and Major Medical Leave
Fitness Facility
Required Deductions
Retirement Contributions
Social Security Tax
Sodexo Meal Ticket Plan
State Income Tax
Tax Deferred Annuity - 403(b)
Unemployment Insurance
Vision
Workers' Comp Insurance
Standard Benefits
The University provides the following for benefits-eligible employees:
Employee Assistance Program (EAP) and Work-Life Services
MUW benefits-eligible employees and members of their households are covered under the Humana Employee Assistance Program (EAP) and Work-Life Services Benefit at no cost to the employee.
- Humana EAP/Work-Life Flyer
- Humana EAP/Work-Life Brochure
- Humana EAP/Work-Life Member Card
- Humana EAP/Work-Life Online
Mississippi State and School Employees' Health Insurance - http://knowyourbenefits.dfa.state.ms.us/
Base Coverage at no charge
Mississippi Workers' Compensation Insurance
Mississippi Unemployment Insurance
Required Deductions
By law, the following must be deducted from a benefits-eligible MUW employee's paycheck:
- Federal Income Tax (if applicable)
- State Income Tax (if applicable)
- Social Security Tax
- Retirement Contributions for Mississippi Public Employees Retirement System (PERS) or Optional Retirement Plan (ORP)*
- Employee portion = 9%; University portion**
- * See ORP handout (available in Human Resources) for explanation of contribution
- ** See PERS website for current rate. (PERS Contribution Rates)
Retirement Planning
Public Employee's Retirement System of Mississippi (PERS)
PERS was established in 1952 as the retirement system for state agencies, as well as counties, cities, and other participating political subdivisions.
Optional Retirement Plan (ORP)
ORP is a defined contribution plan made available to eligible institutions of higher learning teaching and administrative faculty in Mississippi.
Vendors for Eligible Participants
|
VALIC |
662-574-4029 |
Elton Thomas This email address is being protected from spambots. You need JavaScript enabled to view it. |
|
VOYA |
662-251-9947
|
Johnny Peters, ChFC This email address is being protected from spambots. You need JavaScript enabled to view it. |
|
TIAA |
800-842-2003 x263570 770-512-3570 800-223-1200 |
Richella Vincent-Lee This email address is being protected from spambots. You need JavaScript enabled to view it. Customer Service |
Optional Benefits
Optional benefits available through payroll deduction
Click here for the Summary Plan Description for the Flexible Benefit Cafeteria Plan
Health, Dental, Life, and Vision Insurance
State of Mississippi Health Insurance - Base Coverage
Monthly Premium* for State of MS Health Insurance Base Coverage for Horizon employee (employees hired after 1/1/06) and dependent(s). Base Coverage is a high deductible plan. See Human Resources for more information.
|
As of January 1, 2011 |
Base Plan |
|
Spouse Only |
$401 |
|
Spouse and Child/Children |
$611 |
|
Child Only |
$104 |
|
Children (2 or more) |
$266 |
*Health premiums are paid 1 month in advance. Generally, 2 monthly premiums will be deducted from your first monthly check.
State of Mississippi Health Insurance - Select Coverage
Monthly Premium* for State of MS Health Insurance Select Coverage for Horizon employee (employees hired after 1/1/06) and dependent(s).
|
Employee Only |
$39 |
|
Employee + Spouse |
$495 |
|
Employee + Spouse +Child/Children |
$705 |
|
Employee + 1 Child Only |
$199 |
|
Employee + Children (2 or more) |
$360 |
State Term Life Insurance
Employee coverage is twice the employee's annual salary rounded to the next $1,000 (minimum of $30,000 and a maximum of $100,000). Employee cost is $0.09 per $1,000.
Example: Salary = $23,660 x 2 = $47,320 ($48,000 coverage) Employee Cost = 48 x $0.09 = $4.32 per month
Dental - Guardian (DavisDental)
Dental Rates
|
Monthly Dental Rates With Orthodontia Adult & Child |
|
|
Employee |
$45.90 |
|
Employee & Spouse |
$87.96 |
|
Employee & Child(ren) |
$108.96 |
|
Employee, Spouse & Child(ren) |
$153.85 |
Vision - Guardian
Vision Monthly Rates
|
Employee |
$10.11 |
|
Employee & Spouse |
$15.73 |
|
Employee & Child(ren) |
$16.29 |
|
Employee & Family |
$23.60 |
Other Optional Insurance
Benefit Concepts (662) 329-4044 is the contact and third party administrator for the following plans:
Tax Deferred Annuity Contacts - 403(b) and 457
403(b) Tax-Sheltered Annuity and 457 Companies and Contacts
|
Tax Sheltered Investments Available to All Employees |
||
|
Company |
Contact Information |
Contact |
|
VOYA - 403(b) |
662-251-9947 |
Johnny Peters, ChFC This email address is being protected from spambots. You need JavaScript enabled to view it. |
|
TIAA - 403(b) |
800-223-1200 800-842-2003 x263570 770-512-3570 |
Customer Service Richella Vincent Lee This email address is being protected from spambots. You need JavaScript enabled to view it. |
|
VALIC - 403(b) |
662-574-4029 |
Elton Thomas This email address is being protected from spambots. You need JavaScript enabled to view it. |
|
Mississippi Deferred Compensation - 457 |
601-506-9745 |
Willie Berry This email address is being protected from spambots. You need JavaScript enabled to view it. |
Medical Reimbursement Accounts
If you participate, you will elect to have a specified amount of pre-taxed money deducted from your paycheck each pay period. These dollars are set aside in a reimbursement account and subtracted from your gross earnings before any taxes are taken out. After you submit a receipt for a qualifying health care expense, you will be reimbursed from this account.
SABCFlex processes the claims for the Medical Reimbursement Accounts. There are specific deadlines for filing claims. Contact SABCFlex for the deadlines, procedures, and balances. Remember, use it or lose it. File on or before the deadline(s). Contact SABCFlex at 1-800-844-2555.
Child/Dependent Reimbursement Accounts
If you participate, you will elect to have a specified amount of money deducted from your paycheck each pay period before taxes are deducted. These dollars are set aside in a flexible spending account and subtracted from your gross earnings before any taxes are taken out. After you submit a receipt for a qualifying dependent care expense, you will be reimbursed from this account.
SABCFlex processes the claims for the Child/Dependent Reimbursement Accounts. There are specific deadlines for filing claims. Contact SABCFlex for the deadlines, procedures, and balances. Remember, use it or lose it. File on or before the deadline(s). Contact SABCFlex at 1-800-844-2555.
Additional Benefits and Optional Payroll Deductions
- MUW Employees' Federal Credit Union
- MUW Foundation
- Sodexo Meal Ticket Plan
- Fitness Facility - (MUW benefits-eligible employee coverage is free; annual fee for family)
- On-campus Health Center
- MUW Tuition Fee Waiver Plan (contact Financial Aid Center at ext. 7114)
- Personal and Major Medical Leave as provided by MS Code (see Handbook beginning on page 1-5)
- Faculty/Staff Apartments
NOTICE: This is intended as a summary of benefits. Please see summary plan documents and/or plan description in Human Resources or in the Handbook.
Last updated: 2/14/14
This maintained by: This email address is being protected from spambots. You need JavaScript enabled to view it.
