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INSURANCE RETIREMENT TEXFLEX TEXA$AVER NEWS EVENTS CALENDAR ERS INVESTMENTS
 
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Monday, October 5, 2009
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ERS - Employee Retirement System
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Plan Year Changes Affect Paychecks

When you receive your paycheck from the State on October 1, you may notice a few differences due to Plan Year changes. If you are enrolled in dental insurance, your premium changed on September 1.

  • If your application for SKIP coverage was not approved and you are still covering your dependents, the dependent premium will increase,
  • If you made changes to your benefits during the July annual enrollment period, they will be reflected on your October 1 check,
  • If you applied to add insurance coverage and your application was approved before September 1, your new coverage was effective September 1. Premiums for that coverage will be deducted from your October 1 check, and
  • If you contribute to the ERS retirement system, your monthly retirement contribution increased from 6 percent to 6.45 percent on September 1. Your employer also contributes 6.45 percent.

ERS is a service-oriented agency established to provide sound and reliable retirement and benefit programs for state employees, retirees and their dependents.