Premiums will be deducted in August, however all deductions will stop effective September 2012.
Retirees
receive their pension checks at the end of the month, for that month's
pension. Therefore, the August 31 pension checks will contain deductions
if applicable, because this check will apply to August, not September.
If
a new hire becomes eligible for health coverage on July 1, TriMet will
not start your premium deduction until the first paycheck in July.
Depending on the timing of when the new hire returns their enrollment
paperwork, their first deduction may include a one-time adjustment to
bring their deductions current.
TriMet's
premium payment to the insurance carrier is paid in the month prior to
when coverage is provided. For example, the July premium is due to
Regence by July 1. Therefore, TriMet remits payment in June for July's
coverage. However the employee deductions from pay are not deducted
until the actual month of coverage.
Fraternally,
Bruce-------------------------
2 comments:
Pathetic. Feel clear disapointment with ATU Leadership-- actions absent and being led by a leash.
Does have that feel agreed.
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