Voluntary Benefit Programs
California Casualty Auto/Home Owners Insurance
The Chancellor’s Office offers all its employees auto and homeowner’s insurance throughCalifornia Casualty. This employee-paid voluntary plan allows employees to make payments through payroll deduction. For more information call 1-877-472-7840.
For more information click here.
CalPERS Long Term Care Plan
CalPERS has suspended enrollment due to current uncertainty in the long-term care market and is no longer accepting applications.
CalPERS has released information on how current Long-Term Care Policyholders will be impacted by a 52% rate increase, along with details of members eligible for an award settlement in their current Class Action Lawsuit. Additional information can be found on the website links provided below.
You can find additional information by clicking here.
The following credit unions offer checking, loan and savings programs:
For more information see Credit Unions.
Empathia - LifeMatters Employee Assistance Program (EAP)
The LifeMatters Employee Assistance Program (EAP) offers a safe, confidential space to consult about various concerns. Anything and everything discussed in the context of a consultation with us is privileged information and protected by law. When you or your family need useful ideas, helpful resources, or reliable professional care, LifeMatters is just a phone call away at 1-800-367-7474. The benefit can be accessed 24/7/365 and services provided directly by LifeMatters are free. If you are referred to outside services, you will be advised about your costs, if any. To learn more about this free benefit visit mylifematters.com. Note: There is no need to enroll in this benefit, however you will need your campus specific password to access this resource. Enrollment is Automatic and Free to Employees and their Families
Fidelity - 403(b) Supplemental Retirement Plan
Fidelity Investments is the administrator/record keeper for the CSU 403(b) Supplemental Retirement Plan. This is a voluntary employer sponsored retirement savings account that is meant to supplement CalPERS pension and Social Security income in retirement. The benefit allows employees to put extra income aside for retirement in a tax deferred retirement savings account where the money can be invested. To learn more about Fidelity visit: netbenefits.com/calstate.
MetLaw Legal Plan -Prepaid Legal Plan
The MetLaw Legal Plan is offered by Hyatt Legal Plans, Inc., which is a subsidiary of MetLife. This plan covers representation for many personal legal services for employees and their eligible dependents. Participants can receive services from a Network or Out-of-Network attorney. Services for covered legal matters performed by a Network attorney are fully paid for by the plan. Out-of-Network attorney fees for covered services are reimbursed based on a set fee schedule. The plan covers telephone and office consultations for an unlimited number of matters, even if the matter is not fully covered, so long as it is not excluded. Click here for FAQ's.
The following services are fully covered under the plan: consumer protection matters, defense of civil lawsuits, document preparation and review, estate planning documents, family law, financial matters, immigration, juvenile matters, real estate matters, and traffic offenses (no DUI). In addition to unlimited advice and consultation, the plan also has an Identity Theft component. Employees can receive a consultation from an attorney on preventing identity theft. Customer Service: 1-800-438-6388 www.metlife.com/mybenefits
Enrollment Period: New hire (60 days) for Guaranteed Issue
- Current benefit eligible employees can enroll during the annual Open Enrollment period (mid-September through the first week of October).
Nationwide Pet Insurance
- Nationwide is offering two benefit options for your pets. This insurance can cover your pet’s accidents, illness and even preventive care and wellness services.
- Plans are available for dogs, cats, birds, small mammals and exotics (such as reptiles).
To learn more about this plan and/or to enroll, visit
www.petinsurance.com/calstate, or call (877) 738-7874.
Pre-Tax Parking Deduction Plan
The CSU Pre-Tax Parking Deduction Plan allows eligible employees to pay for CSU parking expenses with pre-tax dollars. This pre-tax benefit is available only through payroll deduction for qualified parking as defined by the IRS and established by each campus. Deductions are taken from an employee’s paycheck before federal, state, Social Security, and Medicare taxes are calculated.
The IRS limits qualified parking expenses to parking at or near an employee’s work location or at a location from which an employee commutes to work by carpool.
IRS Code Section 132(f) limits the amount of qualified parking that may be excluded from an employee’s taxable income. For complete details contact the Human Resources Office for the CSU Pre-Tax Parking Deduction Plan Brochure.
Enrollment Period: Current employees
ScholarShare – California’s 529 College Savings Plan
ScholarShare is a state-sponsored, tax-advantaged 529 college savings plan that’s helping families and individuals plan for the cost of higher education. It’s available to any citizen or tax payer. And just about anyone can help contribute including Grandparents, other family members and friends.
ScholarShare was created by the state of California as a tax-advantaged way to help people save for the cost of higher education. A 529 college savings plan helps you save more over time. Any earnings grow free from federal tax, and many states offer a state income tax deduction or tax credit for contributions. Limitations apply. See the Disclosure Booklet for details. As a 529 Plan, ScholarShare also offers certain gift and estate tax planning benefits; consult your tax advisor. Withdrawals are tax-free at both the federal and state level when used for qualified higher education expenses.
You can use the funds for a lot more than just tuition — including required fees, certain room and board costs, books, supplies, as well as computers and related technology costs such as Internet access fees and printers. Additional equipment required for attendance may also qualify. Funds can be used at most accredited colleges and universities in the United States — even certain colleges abroad. If the beneficiary is a special needs student, any additional costs required for enrollment or attendance to meet those needs will also be covered.
If you’re worried about having the account in one state and attending school in another, don’t be. With most plans, your school choice is not affected by the state of your savings plan. You can be a resident of California, and send your student to college in North Carolina.
Enrollment Period: Current employees
The Standard Insurance Plan
The Standard currently provides CSU employer-paid group life/accidental death & dismemberment insurance and long term disability to benefit eligible employee groups per their Collective Bargaining Agreement.
The Standard also offers voluntary life insurance, accidental death and dismemberment (AD&D), long-term disability, critical illness & accident Insurance.
For benefit eligible groups who do not have the CSU employer-paid Long Term Disability (LTD) per their Collective Bargaining
Agreement, The Standard offers a voluntary long term disability (LTD) plan. Customer Service: 800-378-5745. Please refer to The Standard’s website for program details and rates.
- Voluntary Life Insurance
The CSU offers eligible employees the opportunity to apply for a Voluntary Life Insurance for self and their eligible dependents. Please refer to the website for program information and rates.
- Voluntary Accidental Death & Dismemberment (AD&D)
This plan pays a benefit to the employee or his/her selected beneficiary in the event of death due to an accident or dismemberment at a benefit level selected by the employee.
- Voluntary Long Term Disability (LTD)
Many people underestimate the importance of insuring a portion of their income against the threat of long-term disability. The Standard offers employees who do not have a CSU employer-paid LTD plan to purchase a level of disability insurance with either a 30-day or 90-day waiting period. The option is yours.
- Accident Insurance
Accident insurance helps protect your bank account from the out-of-pocket expenses that come with an injury — whether you're coping with a broken arm or recovering from a serious car accident.
In the event of a covered accident, your Accident insurance will pay a benefit directly to you or a covered family member that can be used toward a deductible, copay or daily expenses during recovery. Benefits are based on the injuries you sustain and the treatments you receive.
- Critical Illness Insurance
Critical Illness insurance is an affordable way to make up the difference between what your medical insurance covers and what you'd owe out of pocket if you or a family member were to be diagnosed with a covered critical illness.
You may be eligible to purchase coverage between $5,000 and $50,000 in $5,000 increments for yourself and up to $30,000 for your spouse. Your kids are automatically covered at 50 percent of the amount elected for yourself.
Enrollment Period: New hire/initial enrollment within 60 days for Guaranteed Issue.
Employees who do not enroll within 60 days of their initial hire date are subject to Evidence of Insurability. Current benefit eligible employees
can enroll any time but will require Evidence of Insurability.