Domestic Partnership Rates

2009 DOMESTIC PARTNER RATES – TAXABLE AMOUNT TO EMPLOYEE

If you enroll your domestic partner on any of your FIT or UCE of FIT Welfare Fund health insurance plans, you should be aware that under I.R.S. rulings, if your domestic partner is not a “dependent”, within the meaning of the Internal Revenue Code, the amount of the individual premium rate for each health plan the domestic partner is enrolled in will be treated as part of your gross income for Federal tax purposes. Consequently, unless you have indicated and provided proof to Human Resources that your domestic partner is your dependent, the value of your Domestic Partner benefits will be included as taxable income on your paychecks throughout the year on a pro-rated basis.

(All of the rates indicated below are based on the Individual premium rates as explained above.)


FULL-TIME EMPLOYEE RATES* IN EFFECT AS OF JANUARY 1, 2009

Aetna Choice POS II Plan or
Aetna FT HMO Plan                                                  $511.22 per month

UCE Welfare Fund
(prescription, dental, optical,
extended hospital)                                                   $126.52 per month

Monthly Total for All Benefits:                                   $637.74 per month

TAXABLE ADDITION FOR A FULL YEAR (12 MONTHS): $7,652.88

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PART-TIME EMPLOYEE RATES* IN EFFECT AS OF JANUARY 1, 2009

HIP PRIME (HMO)                                                    $   448.10 per month
Taxable Addition for Year (12 Months):                     $ 5,377.20
 
HIP Point-of Service (POS)                                      $    903.34 per month
Taxable Addition for Year (12 Months):                     $10,840.08

Aetna HMO (New York) $637.53 per month Taxable Addition for Year (12 Months):   $7,650.36
(New Jersey) $825.75 per month Taxable Addition for Year (12 Months):                 $9,909.00
(Connecticut) $804.40 per month Taxable Addition for Year (12 Months):                $9,652.80
(Pennsylvania) $825.75 per month Taxable Addition for Year (12 Months):              $9,909.00

UCE Welfare Fund (Dental & Optical coverage)           $30.46 per month
Taxable Addition for a Full Year (12 Months):            $365.52


Note: For the Part-Time Employee HIP or Aetna health insurance plans, only the premium amount that is funded by a reimbursement to the employee from the College (employer-paid) will be included as taxable income to the employee.


*Rates may change on contract renewal dates during the calendar year.