For the sixth consecutive year, CPC is pleased to offer two medical insurance plans (one HMO and one PPO) with no monthly premiums for benefited employees for 2020 (pending CPC Board approval). With total annual costs of $3 million, health care insurance represents the largest portion of the employee benefit pool. CPC remains committed to providing options that are fiscally viable for CPC and our employees – including offering health insurance plans with no monthly premium costs.
On an annual basis, corporation-paid medical insurance provides a significant benefit to our employee’s total compensation package – $8,059 for employee only, $16,116 for employee and one dependent, and $20,952 for employee and family. Employer-paid medical insurance alone accounts for a benefit of approximately $4 to $10 per hour for full-time employees!
If you still have questions, contact Human Resources at 805-756-1121 to answer questions and help.
During Open Enrollment (Monday, Sept. 9 through Friday, Oct. 4, 2019), you may make changes to the following:
To change your CalPERS Medical Plan for 2020 and/or to add or drop eligible dependents – complete the HBD-12 and return the completed form to Jill Connelly, [email protected], Building 15, by Oct. 4, 2019.
FOR MORE INFORMATION:
- CalPERS 2020 Health Benefits Summary
- Visit the CalPERS website – Health Plans – 2020 – and click on specific plan “Evidence of Coverage” to see the services that are covered under each medical insurance plan
NOTE: If you want to keep your existing medical insurance plan for 2020, you do not need to do anything (no form required).
Dental and Vision
Flexible Spending Account/Dependent Care Account (FSA/DCA)
Even if you had an FSA or DCA in 2019, you still need to re-enroll for 2020. To elect an FSA and/or DCA for 2020, complete the FSA/DCA Election Form and the FSA/DCA Enrollment Form 2019, and return the completed forms to Jill Connelly, [email protected], by Oct. 4, 2019. If you are a new enrollee into one of these programs OR you had an FSA or DCA in 2019 but your bank has changed, complete the FSA-DCA Direct Deposit Form (if you want direct deposit for your reimbursements, which is optional).
Optional Retirement Plans - Tax Sheltered Annuities (TSA)
CalPERS 457 – To enroll in a 457 plan for the first time, complete the CalPERS 457 Plan Enrollment Form and the CalPERS 457 Plan Beneficiary Designation Form and return to Jill Connelly, [email protected]
NOTE: You can enroll and/or make contribution changes to your 457 or 403b account at any time – you are not limited to the dates of Open Enrollment.
Forms and Resources
Disclaimer of Warranties/Accuracy of Information
The information contained on this webpage is provided for informational purposes only, and should not be construed as legal advice regarding any final benefit determinations. The content of this webpage is intended to provide general information only and may not reflect current legal developments as they may apply to your individual benefits status.
You should not act or refrain from acting on the basis of any content included on this webpage without first seeking final confirmation from your benefits provider.
The Cal Poly Corporation assumes no responsibility for any use to which the information on this webpage may be put, or for any errors and hereby expressly disclaims any liability with respect to any actions taken or not taken based on any or all the contents of this webpage. This webpage and its contents are provided “as is” without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement.