The Annual Benefits Open Enrollment period is now open until June 3, 2016.
Employees at Southern State enjoy a variety of excellent benefits! If you have questions about any of the benefits, please contact the Human Resources Department.
Purpose of the Plan
The Flexible Spending Account (FSA) is designed to cover specific out-of-pocket health and dependent care expenses you anticipate during the course of the Plan Year. The FSA allows you to use pretax dollars to pay for health expenses not covered by insurance. Expenses payable through the FSA include charges for contact lenses, eyeglasses, dental expenses, plus any deductibles and co-payments. In fact, any medical, dental, hearing or vision expenses that would otherwise qualify as a deduction on your income tax return will qualify for reimbursement as long as the expense is not paid by another benefit plan. You may also pay for dependent care expenses.
A Health Reimbursement Account (HRA) is a health care plan paid for by an employer to reimburse the medical expenses of its employees.
When an employee is hired by Southern State, they are automatically enrolled in the Ohio Public Employee Retirement System (OPERS) if they are considered staff or the State Teachers Retirement System (STRS) if they are considered faculty. If hired as a student worker, you are eligible for exemption from OPERS. If you are enrolled in the OPERS plan and are planning to retire in the near future, please visit OPERS’ Ready to Retire.
Full-time employees are eligible to opt out of OPERS and instead participate in the Alternative Retirement Plan (ARP). Employees eligible for the ARP must make an irrevocable decision of which plan they choose to participate in within 120 days of their hire date. If they do not indicate a decision within this 120 day period, they are automatically and irrevocably enrolled in OPERS or STRS.