If your employment terminates, for whatever reason, you
need to know what happens to your benefits.
Medical and Dental Insurance
The Medical and Dental plans end on the last day of the month in which
you terminate your employment. For example, if you terminate August 15, your
medical insurance will end on August 31.
COBRA
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a
federal law that allows you to continue medical and/or dental coverage at your
own cost for up to 18 months. Following your termination, COBRA enrollment
materials will be sent to your last known home address. Update your address with
the District Office prior to your employment end date. Send an email to
payroll@domail.maricopa.edu or
call the Compensation Department.
Disability Insurance
Disability coverage ends on your last day of employment. If you are
receiving Disability benefits when you terminate employment, your claim MAY
remain open as long as you continue to meet the disability requirements.
Term Life Insurance
Basic Life, Supplemental Life, and Dependent Life Insurance ends on the last day of the
month in which your employment terminates. Accidental Death and Personal Loss
coverage ends on the last day of the month in which your employment terminates.
At the time of your termination, if you had a basic life
insurance policy with a face value of $20,000, you may be eligible to convert a portion of
that amount to a personal policy. If you had a supplemental life insurance
policy, you may be eligible to port or convert this coverage to a personal policy. These changes must be
accomplished within 31 days of the last day of the month in which you terminate.
Please call Aetna at 1-800-826-7448, and they will provide you with the
information and forms to make these changes.
Life Insurance, Accidental Death and Personal Loss
Coverage may be continued past the maximum age for your fully disabled dependent
child. However, such coverage may not be continued if the child has been issued
a personal life conversion policy. Proof that your child is fully disabled must
be submitted to Aetna no later than 31 days after the date your child reaches
the maximum age. To obtain an application contact the Compensation Department at
480-731-8415.
Arizona State
Retirement System
You may continue to invest your contributions with Arizona State
Retirement or you may apply for a refund by contacting the Arizona State
Retirement Fund. If you have any questions about your state retirement funds or
wish to withdraw contributions, please call the Arizona State Retirement Fund at
602-240-2000.
Tax Shelter Annuities (TSAs)
If you have contributed to a TSA these deductions will stop. If your
employment should restart, you will need to complete a new TSA deduction form
with your TSA agent.
Health Care Flexible Spending
Account
If you have a balance in your account after you terminate, participants
have 90 days to submit reimbursement requests for eligible expenses. Expenses
must have been incurred while you were an active participant in the plan.
Dependent Care Flexible Spending
Account
If you have a balance in your account after you terminate, participants
have 90 days to submit reimbursement requests for eligible expenses. Expenses
must have been incurred while you were an active participant in the plan.
