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Compensation and Benefits Information for Faculty at End of Employment

Final Paycheck

Since the university payroll is run biweekly for the prior two-week pay period, final paychecks are issued at least two weeks after the final day of employment.

Health, Basic Life, and Disability Insurance Eligibility

Coverage for the State health, basic life and disability insurance ends at the end of the next month following date of separation, based on the day of the month that employment ends.

  • Employment ending on or after the 15th of a month, coverage will continue through the end of the following month

For example: An employee with a separation date of July 18th, health insurance coverage will continue through August 31st.

COBRA

After eligibility for group health care coverage ends, you may be able to purchase continued medical and dental, on an individual basis, for a period of time under a federal law known as the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

View Medical and Dental COBRA rates at Office of Group Insurance

Individuals losing health coverage under the State’s plan can expect to receive a mailing from Blue Cross of Idaho before the date coverage will end with COBRA information and instructions. To continue coverage under this provision, the insured person must elect coverage within sixty (60) days after group coverage terminates. To request additional information, contact the Office of Group Insurance, 332-1860. The Boise State Benefits Department is not able to provide COBRA continuation coverage forms, as this is handled directly from Blue Cross of Idaho.

Basic Life Insurance

When eligibility for group life insurance coverage ends, employees can apply for a conversion to an individual policy offered by Principal Life Insurance Company – no evidence of insurability is required if application is made within thirty-one (31) days after group coverage ends. Conversion policies are not available for disability coverages.

Costs, provisions and benefits of conversion policies may differ substantially from those of the group plans. Additional information and conversion applications are available from the Office of Group Insurance. Their office is located in Boise and the phone number is 332-1860.

Principal Voluntary Term Life (optional additional coverage)

Individuals who are enrolled for additional life insurance for themselves and any dependents under the Voluntary Term Life (VTL) Insurance plan will be covered until the end of the month in which they leave employment at the university. When this VTL insurance would otherwise end under the State Group Policy, the member may be eligible to continue insurance under a Group Life Portability Insurance Policy underwritten by The Principal Life Insurance Company. Contact the Office of Group Insurance for information regarding this option, 332-1860.

Retirement

Faculty may be enrolled in either the Optional Retirement Plan (ORP) or PERSI as their mandatory retirement plan.

Optional Retirement Plan (ORP)

You are 100 % vested in the ORP Retirement Plan which entitles you to both the employee and university contributions to your retirement account and any earnings made on your investments. You have the option to leave your funds invested with your elected vendor or you can contact them for information regarding options for accessing the funds via direct distribution or rollover after you have separated from employment.

  • TIAA: National Call Center 1-800-842-2776; TIAA
  • VALIC: Jennifer Braun-Blanco; 800-892-5558 X87597

PERSI

If you are participating in the PERSI defined benefit retirement plan, and have completed 60 or more months of service, you have a vested benefit in a future monthly Base Plan retirement benefit, to be paid over your lifetime. The amount is based on your earnings, credited service, and age when you start drawing your benefit. If you are not vested in PERSI, you may withdraw your contributions, plus interest from the plan, or leave those funds in the plan until a later date if you anticipate returning to state service. To learn more about your PERSI benefit options, please visit their website or contact them:
PERSI: Public Retirement System of Idaho ; 208-334-3365, or 1-800-451-8228.

Supplemental Retirement Plans

If you are enrolled in any of the PERSI Choice 401(k) plan, and/or the 403(b) or 457(b) supplemental retirement plans, you have the option of leaving your funds invested with your elected vendor or you can contact them for information regarding options for accessing your funds via direct distribution or rollover after your last day of employment. Contact information for the vendors is included on this page.

Sick Leave

The sick leave hours accrued at the end of employment are not paid off. If transferring directly to another Idaho state agency, accumulated sick leave will transfer with you. If you separate employment and return to Boise State or another Idaho state agency within three years, the sick leave balance can be reinstated.

Flexible Spending Accounts (FSA)

These optional benefits are administered by a third party company, Navia (425) 452-3500.

Healthcare Flexible Spending Accounts (FSA)

Terminated employees can still access contributed HCFSA funds
Prior to the passing of the 2021 stimulus bill, you would have lost access to unused HCFSA funds on your last day of employment. You now have until the end of this plan year, June 30, 2021, to incur expenses for HCFSA dollars, and rollover funds, contributed in FY20 and FY21 prior to your change in employment status. All claims must be submitted within the standard runout period.

Dependent Care Flexible Spending Accounts (FSA)

12 months to incur and claim expenses (extended grace period)
You have a 12-month grace period for FY2020 daycare FSA dollars to incur dependent care costs and submit claims to your FSA for those funds. This extension is valid for the FY2020 dollars only. This means any dependent care expenses incurred prior to June 30, 2021 can be applied to your FY2020 DCFSA dollars.

FY2021 DCFSA dollars will be subject to the usual 2.5 months grace period to incur and claim expenses before funds are forfeited.

Tuition Fee Waivers

If an employee, spouse or dependent is participating in the tuition fee waiver program, and employment ends prior to the end of the first eight weeks of classes, the student will be responsible for paying the full amount of tuition and fees required for their enrollment. Summer school will require full payment of tuition and fees if the employee separates from employment prior to the date that is halfway through the session.

Other Optional Benefits

If you are enrolled in any optional insurance benefits that have premiums deducted via payroll, you may be able to continue coverage by contacting the vendor to make alternative billing arrangements.

Benefits Vendor Contact Information

Plans Vendor Phone Website or Email
Medical/Dental/Visio n/ EAPAdministration: Office of Group Insurance(208) 332-1860
(800) 531-0597
ogi@adm.idaho.gov
Medical/Dental/Visio n/ EAPBlueCross of Idaho (208) 331-8897 (866) 804-2253Blue Cross of Idaho
Life Insurance Department of Administration: Office of Group Insurance(208) 332-1860 (800) 531-0597ogi@adm.idaho.gov
PERSI-Retirement Plan Public Employee Retirement System of Idaho (PERSI)(208) 334-3365 (800) 451-8228Public Employee Retirement System of Idaho
Flexible Spending AccountsDepartment of Administration: Office of Group Insurance(208) 332-1860 (800) 531-0597ogi@adm.idaho.gov
Flexible Spending AccountsNAVIA (425) 452-3500 NAVIA
AFLAC Reuel Davis (208) 891-0114 reuel_davis@us.aflac.com
Colonial Life Angela Bringhurst (208) 283-5368 angelabringhurst@yahoo.com
ARAG (800) 247-4184 ARAG
IDEAL Idaho College Savings Program (866) 433-2533 Idaho College Savings Program
NCPERS Idaho NCPERS Group Life Insurance Plan(800) 525-8056 Idaho NCPERS Group Life Insurance Plan

Voluntary Retirement Plan Contacts

Plan TypeProviderPhoneWebsite
401(k) Choice Plan PERSI (866) 437-3774 Public Retirement System of Idaho
403 (b) American Funds (208) 898-3853
403 (b) Fidelity (800) 343-0860 Fidelity
403 (b) TIAA (866) 842-2907, X5103TIAA
403 (b) Corebridge Financial Advisors (800) 892-5558, X87597Corebridge
403 (b) Waddell & Reed (208) 947-9000
457 (b) Nationwide (800) 627-1583 Idaho Deferred Compensation Plan
457 (b) TIAA (866) 842-2907, X5103TIAA
457 (b) Corebridge Financial Advisors (800) 892-5558, X87597Corebridge
Roth 403 (b) TIAA (866) 842-2907, X5806TIAA
Roth 403 (b) Corebridge Financial Advisors (800) 892-5558, X87597Corebridge

Benefits Team:

Questions?  Contact the Benefits Team at
Benefits@boisestate.edu