VEBA病假转移

政策

澳门威尼斯人在线赌场 will consider an employee who is a SBRP participant as “retired” for the purpose of sick leave buyout conversion to a VEBA medical expense plan eligible 在下列条件下:

1. The employee certifies th在y are permanently separating from Washington State employment in all agencies or  institutions where the employee would be eligible to accrue sick leave and participate in the sick leave buyout on conversion to a VEBA 医疗费用帐户计划及
2. The employee is a SBRP participant in receipt in a SBRP group retirement plan and in receipt of an  allowance or other benefit resulting from service rendered to the 大学和
3. 该员工为:

a. 55岁或

b. Has 10 years of Washington State service or

c. 永久残疾

SBRP eligible employees who elected to join a Department of Retirement Systems (DRS)PERS or TRS plan must refer to the DRS rules for eligibility to retire from the DRS plans. 

The Human 资源 department is responsible for the administration of the sick leave buyout conversion to a VEBA medical expense plan at retirement for eligible employees.

目的

This policy and procedure provide guidance for defining and applying the sick leave buyout conversion to a VEBA medical expense plan at retirement.

这项政策适用于谁

All employees of the College who are are participants in the State Board Retirement Plan (SBRP) or eligible for the SBRP and participants in Department of Retirement System PERS or TRS plans  who meet the criteria for retirement from the College and the respective retirement plan who are eligible to participate in the VEBA medical 信托转移计划.

参考文献

VEBA计划文件

State Board Retirement Plan (SBRP) Documents located at www.sbctc.edu

Department of Retirement Systems (DRS) TRS and PERS Retirement Requirements located at www.drs.wa.政府

VEBA计划网站:www.veba.org

定义

终身残疾 – Employees diagnosed as permanently disabled by a licensed health care provider which prevents the employee to continue employment with the College. 随时都可以 third opinions – 澳门威尼斯人在线赌场 reserves the option of requiring the employee to obtain a second opinion from an independent medical provider selected by the College 以学院为代价.  If the two opinions conflict, the conflict may be resolved by a third opinion by a provider agreed to by 澳门威尼斯人在线赌场 and the employee and which shall be considered final and binding.  澳门威尼斯人在线赌场 你会为第三次检查买单吗.

国家委员会退休计划(SBRP) - any group retirement plan offered to eligible employees per the SBRP plan documents.

VEBA – Voluntary Employees’ Benefit Association (the tax-exempt trustee authorized by 国内税收法典.  Meritain Health is the administrator of the VEBA trust fund for 澳门威尼斯人在线赌场 eligible employees).

过程

The SBRP  participant or the SBRP eligibile employee who participates in a Department 的退休PERS或TRS计划将:

1. Notify the Human 资源 department of the intent to retire.
2. Submit a signed statement addressed to the Human 资源 administrator certifies th在 participant is permanently separating from Washington State employment in all agencies or institutions where the employee would be eligible to accrue sick leave and participate in the sick leave buyout conversion to a VEBA medical expense plan and certify th在 eligibility requirements have been satisfied.
3. Provide the Human 资源 department with a communication from the SBRP plan administrator or confirmation from the Department of Retirement Systems for eligible PERS and TRS employees that states th在 employee is a SBRP participant in receipt of an allowance or other benefit resulting from service rendered to the College or application has been made for retirement for those eligible employees who participate in a DRS plan.
4. Complete a VEBA 招收ment Form available 在线在 veba.org 网站.
5. Return the completed VEBA 招收ment Form to the Human 资源 department. 
6. The Human 资源 department will submit the form for enrollment to Meritain Health and can then proceed  with the one quarter of the available sick leave funds at retirement for deposit in to the VEBA trust on behalf of the participant.  不能存入资金 without completion of a valid 招收ment Form.
7. The VEBA Plan administrator will mail the participant specific plan information and instructions to the participant’s permanent address upon receipt of the VEBA 招收ment Form.
8. The retiree is responsible for contact with Meritain Health including verification of posting of funds and notifying Meritain Health of any change of address.