This health insurance plan provides a Health Savings Reimbursement?
What COVA HealthAware?
To qualify for FMLA, an employee must have worked at least this many hours in the previous 12-month period.
What is 1,250 hours?
Employees must serve this number of calendar days as a waiting period before short-term disability benefits begin, unless the condition is deemed catastrophic.
What is 7 calendar days?
Employees contribute this percentage of their creditable compensation each month to their Defined Benefit member contribution account on a pretax basis
What is 4%?
The natural death benefit is equal this rounded to the next highest thousand and then doubled.
What is creditable compensation?
Employees must make health plan changes within this number of days after a qualifying mid-year event.
What is 60 days?
Employees must use parental leave within this time frame after the birth or placement of a child.
What is 6 months?
Employees receive a fresh bank of sick and family/personal leave annually on this date.
What is January 10th
This percentage of creditable compensation is contributed by employees to their Hybrid 401(a) Cash Match Plan account.
What is 1%?
If an employees natural death benefit is $72,000 and the death is considered accidental, what would the total benefit pay?
What is $144,000?
A child reaching this age limit is a qualifying mid-year event that could change their health plan eligibility.
What is age 26?
If both parents work for the Commonwealth and meet eligibility criteria, each is entitled to this amount of parental leave.
What is 320 hours/ 8 weeks?
Under the Virginia Sickness and Disability Program, an eligible employee can receive short-term disability benefits for a maximum of this many workdays.
What is 125 workdays?
To become vested in the DB component, members need this many years of service.
What is 5 years?
True or False? If the employee is diagnosed with a terminal condition and has fewer then 12 months to live, they can withdrawal some or all of their life insurance processed for any purpose?
What is true?
You can make changes to your health plan outside of Open Enrollment if you experience one of these?
What is a qualifying mid-year event?
As of January 10, 2023, the Commonwealth transitioned to this method for measuring the 12-month period for FMLA leave
What is a rolling 12-month period?
Under the Virginia Sickness and Disability Program, if an employee returns to work and goes out again for the same or similar condition within this many consecutive calendar-days, they are considered on the same short-term disability claim and do not need to file a new claim.
What is 45 consecutive calendar days?
When would a person become eligible for unreduced retirement under the Hybrid plan?
What is when you reach your normal Social Security retirement age and have at least five years of service credit or when your age and service equal 90 (Rule of 90) and you have at least five years of service credit. Example: Age 60 with 30 years of service credit.
True or False? To change your life insurance beneficiary you must submit the beneficiary form to your HR department?
What is false?
This can reduce your monthly health plan premium by participating in this ? But you must complete an online health assessment?
What is Premium Rewards?
This type of leave is provided under the VSDP and may be used at the employee's discretion for various personal or family needs.
What is Family/Personal Leave?
Under VSDP, if you can work at least 20 hours a week but cannot perform your full duties, and have returned to work with modified duties while on short-term disability, you may be eligible for this benefit.
What is Long-Term Disability Working?
The hybrid retirement plan is a combination of two types of plans, can you name them?
What is the Defined benefit and defined contribution plans.
What is 15 days old- minimum? And age 21 or reaches age 25 if dependent is attending college for maximum.