Employee Matters

This column by Employee Compensation and Benefits Services addresses campuswide employment issues. Send your questions to: wisweek@news.wisc.edu.

Are you leaving employment?
If your appointment is ending, there are some things that you will want to take care of prior to your termination date. Deadlines apply, so don’t delay.

Will you be moving before your last paycheck is issued?
If you are unsure, you can verify your last pay date on a Web calendar (UW1087): http://www.bussvc.wisc.edu/ecbs/calendars-schedules-menu.html.

If so, what should you do?
If you are currently participating in direct deposit and are not closing your account before your last payroll, no action is required.

If you are closing your account before the last payroll, and you have another open checking or savings account in the United States or Puerto Rico, complete a direct deposit authorization form (UW1032): http://www.bussvc.wisc.edu/ecbs/pay-direct-deposit-auth-uw1032.doc.

To direct your check to the proper account, provide financial institution information.

If you are not participating in direct deposit, provide our office with a self-addressed stamped envelope, and your check will be sent to you. Or, complete an ACH authorization if you would like your paycheck deposited at a financial institution.

If your check is lost or stolen, contact us immediately so that we can stop payment and issue a new check. This process takes seven to 10 days.

Can you continue any of your benefits?
All insurance plans, except Income Continuation Insurance, have provisions for continuation. See “Benefits When You Leave UW Employment” (UW1031): http://www.bussvc.wisc.edu/ecbs/uw1031-benefits-at-termination.html.

This site provides detailed information about eligibility, application deadlines, who to contact and how long coverage may be continued.

You can get information on the Wisconsin Retirement System and Employee Reimbursement Accounts, Tax Sheltered Annuity and Deferred Compensation accounts.

Many forms mentioned in the brochure are available on the Web at http://www.bussvc.wisc.edu/ecbs/ or http://etf.wi.gov/.

When does your coverage terminate if you don’t continue benefits?
Each benefit plan may have a different date through which you will have coverage. For example, if you terminate in May, you will have health insurance coverage paid through July. Information on coverage termination for each benefit plan is included in form UW1031.

What about the cost to continue each plan?
You will be charged the full cost of group coverage for each plan that allows you to continue group coverage. For group rates, visit: http://www.bussvc.wisc.edu/ecbs/forms.html.

If you are not eligible to continue group coverage, you may be eligible for conversion coverage. Conversion rates must be obtained from the benefit provider. This information is found in form UW1031.

Questions? Contact a benefit specialist, 263-7556 or 262-5650, employee@bussvc.wisc.edu on the Web:

http://www.bussvc.wisc.edu/ecbs/forms.html or http://etf.wi.gov/.