FlexElect Cash payment, a PI employee must meet ALL of the criteria specified below:
must have completed a STD. C during the open enrollment period, or as newly eligible after open enrollment, but prior to January AND
must have been eligible to be enrolled in health and/or dental insurance for the entire January through June control period (eligibility gained as of January but not effective until February meets this criteria) AND
must be paid for at least hours worked during the January through June control period (*see notes below regarding multiple PI positions and NDI time) AND
have a PI appointment from January through June of the Plan Year for which they have enrolled (with no break in service).
In situations where an employee country email list maintains multiple PI appointments during the January through June control period, the department may count the hours worked from the multiple positions regardless of whether the multiple positions are within one department or multiple departments.
PI's may not use NDI or SDI time to count towards their qualifying hours in a control period to qualify for the lump-sum cash payment.
Form Submission for Cash Option - PI Employees
The following information covers the types of actions which can occur during the open enrollment period.
Employees who were eligible for health and/or dental but were not currently enrolled and were electing the Cash Option in lieu of medical and/or dental.
These employees must have completed a STD. C during the open enrollment period. On or after July , Personnel Offices will verify the qualifying hours during the January-June control period. For those employees who worked the required hours AND meet the other eligibility criteria, the STD. C should be forwarded along with a STD. to SCO to request the Cash Option payment.
Employees who cancelled their health and/or dental benefits effective January in order to obtain the Cash Option in lieu of medical and/or dental.
During the open enrollment period, these employees would have completed a STD. C AND in addition an HBD- and/or a STD. to cancel their current benefits effective January The HBD- or Health Benefit and Enrollment History page after confirmation from my|CalPERS and/or STD. should have been forwarded immediately to SCO as instructed below:
Permitting Event Code: a (For STD. )
Reason Code: (For HBD-)
Remarks Section of both HBD- and STD. : PI canceling benefits to enroll in Cash Option
Personnel Office forwards HBD- or Health Benefit and Enrollment History page after confirmation from my|CalPERS and STD. to SCO.
Personnel Office retains the STD. C until completion of the January through June control period.
If employee meets all the Cash Option eligibility criteria, the STD. C is sent to SCO with a STD. requesting the Cash Option payment see Example in Section.
