Understanding Your Annual Staff Benefits Statement
Your Annual Staff Benefits Statement is provided to you annually in April. The statement gives you an overview of all of the benefit plans in which you are enrolled, the level of coverage and the projected annual costs paid by you and the University. If you are not enrolled in a specific benefit plan, the Coverage column will state NONE.
It is extremely important that you review this statement thoroughly. The information is based on your payroll record on April 1. The statement is created by taking all of your monthly deductions and salary and multiplying the information by the number of payrolls in the year. The information provided is based on a snapshot in time and may not be exact if there are changes to your income or benefit programs during the year.
