Separation Information
Health, Dental, and Vision Insurance Coverage
These plans, if in effect at the time of separation, will remain in effect through the end of the month following the month in which an employee last works. Employees separating from the university have the option to continue coverage in these plans, at a cost to them, for up to 18 months through COBRA. Information about cost of continuation may be requested from the Office of Human Resources/Payroll. COBRA paperwork, including an election form, is mailed to employees by NDPERS.
Life Insurance Coverage
Life insurance will remain in effect through the end of the month following the month in which an employee last works. Employees may elect to continue (or “port”) their life insurance coverage or convert it to an individual plan through the underwriting insurance company. Click here or contact NDPERS at (800) 803-7377 for more information.
Flexible Spending Accounts
- Health Care FSA – Employees may incur expenses through their last day of employment. They will have until April 30 of the following year to submit claims. There is also an option to continue participation following separation on an after-tax basis. Please contact ASI Flex directly at (800) 659-3035 for more information.
- Dependent Care FSA – Employees may incur expenses through December 31 of the current year. They will have until April 30 of the following year to submit claims.
Supplemental Plans
These plans, if in effect at the time of separation, will remain in effect through the end of the month following the month in which an employee last works. Employees may elect to continue (or “port”) their coverage. Rates will remain the same. Contact Andy Mjoness with Aflac at (218) 329-4542 for more information.
Retirement Plans
- NDPERS Defined Benefit Plan – Upon separation of employment, employees participating in the NDPERS retirement plan will have the option to defer (leave with NDPERS), refund, or roll over the funds in their retirement account. Employees must notify NDPERS of their decision by completing the appropriate paperwork and may contact NDPERS directly at (800) 803-7377 to discuss their options.
- TIAA Defined Contribution Plan – Upon separation of employment, employees participating in the TIAA retirement plan may contact TIAA directly at (800) 842-2252 to discuss their options.
Payment of Annual & Sick Leave
Employees will receive their leave payout on their last paycheck. Leave payment for annual leave is made at 100%. Sick leave payment is made at 10% of the balance to employees with 10 or more continuous years of service. Applicable taxes are withheld from leave payments.