What happens to my health and other benefits if my position is eliminated?
Some benefits can be continued through the Consolidated Omnibus Reconciliation Act (COBRA): You and/or your eligible family members may be eligible to continue your UK health, dental and/or vision insurance. You may also continue participation in a health care flexible spending account through COBRA. Note: To continue these benefits, you must apply within 60 days of receiving a COBRA notice or your layoff date, whichever is later. Click here for details on enrollment through COBRA.
Some coverage can be maintained on an individual basis: UK-provided basic life insurance and any optional life insurance coverage may be converted to an individual policy. You may also make arrangements to continue voluntary benefits such as universal life insurance and cancer/specified disease insurance after separating from employment at UK.
Some coverage stops: Flexible spending accounts, University-provided life insurance and optional additional coverage and dependent life insurance end upon your separation date unless you make arrangements to continue such coverage on an individual basis.
Will I receive preferential consideration when applying for UK jobs if my position is eliminated?
If I am eligible to retire, how can I maintain my benefits eligibility in retirement?
If you are eligible to retire from UK, the simplest way to maintain health benefits eligibility and participation is to enroll in a UK retiree health plan upon retiring.
In certain situations, you may choose to "postpone" (defer) your UK retiree health benefit. For example, if you accept a new job outside UK that provides health benefits or if you are covered under a spouse's health plan. One requirement to keep in mind: UK retirees (and dependents) who defer UK retiree health coverage must have proof of other health insurance coverage during the 12 months prior to reactivating University health insurance (with no more than a 63 day break in coverage). Please note: Once your health plan coverage has been postponed, it can be reactivated one-time, meaning future deferrals are not possible. If you would like to defer your UK coverage, simply contact the UK Employee Benefits Office and complete a deferral form.
Can I work on my resume or go to interviews during work time (if I continue to work after receiving notice my position will be eliminated)?
What kind of notice or how much advance notice should I receive from my department before my position is eliminated?
Will my service time continue if I am re-hired by the University in a regular status position in the future?
After my current position is eliminated, can I seek a temporary (non-regular) position with the University while still applying for regular employment?
Will I be directed to work the entire notice period or will I go home immediately?
Several possible options could occur, depending on the circumstances of your specific job duties and the unit in which you work.
- You may be required to leave your workplace immediately following notification due to the sensitivity of your position and the access to confidential information.
- You may be required to continue to work for a short period of time (1-4 weeks) and then stop reporting to work. This may occur in order to transition work load and assignments and complete current projects.
- You may be required to work the entire length of the notice period due to demands of work unit and project completion requirements.
Will I be paid for my temporary disability leave (TDL) balance when I separate?
No, unless you retire and were hired prior to July 1, 1995. For employees hired prior to July 1, 1995, the University shall pay an amount equal to the first 22 days in full and the remaining days at the amount which the University would have contributed to the employee’s retirement plan if the employee had worked the same period of time.
Example: An employee hired prior to July 1, 1995 has 70 days of accrued TDL.
The amount of the lump sum payment will be determined by the first 22 days paid in full and taking the remaining number of TDL days (valued at the daily pay), multiplied by the retirement percentage contribution for the employee.
|Total days of accrued TDL||70 days|
|Days eligible for full payment (see number 2 below)||22 days|
|Daily rate of pay (annual salary of $26,000 divided by 260 work days)||$100|
|TDL days at full pay (22 days x $100)||$2,200|
|Value of remaining TDL (48 days x $100)||$4,800|
|Multiplied by UK retirement contribution percentage ($4,800 x 10%)||$480|
|Lump sum payment to employee||$480+$2,200=$2,680|