Harvard Employee Benefits Math

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Harvard employee benefits math. The university announced today that under its health benefits program harvard s nonunionized employees would become responsible for annual deductibles of 250 per individual and 750 per family and coinsurance equal to 10 percent of costs for hospital expenses surgeries diagnostic testing and outpatient services effective january 1 2015. These plans are funded by the university and you elect how to invest the contributions harvard makes on your behalf for all or part of your plan from among a carefully selected menu of low cost options. Before enrolling it is important to review the tap information available on the harvard benefits website. Harvard offers a full range of benefits to keep you and your family healthy provide financial protection in the event of an unforeseen event and help you build long term security for retirement.

Eligibility requirements for represented employees may vary by union contract. Eligibility depends on your employee classification and hours worked. Two months before your meet your plan s participation waiting period. Harvard offers generous retirement benefits to help you build long term savings and a source of income when you retire.

Strategic planning is essential. Auburn street 4th floor cambridge ma 02138 call center. For families the ceiling is 4 500 present limits are 2 000 and. Note that you have 30 days from your date of hire or eligibility to enroll in.

The individual out of pocket maximum for such expenses is 1 500 per year. Harvard offers a comprehensive package of benefits to help staff faculty and post docs meet individual and family needs. W 10 a m 5 p m. To be eligible for harvard s health and welfare benefits you must be employed in a benefits eligible position on a regular university payroll and work at least 17 5 hours per week or be paid at a base annual rate of at least 15 000.

Learn about your benefit options and enrollment deadlines by selecting the resources below for your employee group. Harvard s tuition assistance program tap makes it possible for university staff faculty part time employees and retirees to take extension school courses. Retirement savings system is the employer match. If workers contribute to their retirement savings 54 of employers will contribute as well according to a.

Your organization s culture is the key to its success. You can browse through our courses graduate undergraduate programs conferences seminars and more. Benefits office 114 mt. Your competencies should be measured and your weaknesses shored up.