Oklahoma City Public Schools Benefits Information
Explore the comprehensive benefits package offered by Oklahoma City Public Schools, including detailed information on leave types, flexible benefit allowances, board-paid contributions, health insurance plans, and more. New employees can access valuable resources to understand their benefits and make informed decisions to support their well-being. Dive into the details to maximize your benefits package with OKCPS.
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Welcome to Oklahoma City Public Schools New Employee Onboarding New Employee Onboarding New Employee Onboarding Benefits Presentation
Benefits Overview Leave Flexible Benefit Allowance/Cash In Lieu Board Paid Contribution Medical, Vision, Dental Life Insurance Flexible Spending Account (FSA) Retirement
Benefits Guide Benefits Guide Provides details about medical, dental, and vision coverage Go to OKCPS.org Departments Human Resources Benefits
Types of Leave Sick Personal Business Vacation Family Medical Leave (FMLA) Bereavement Legal Injury Emergency Leave of Absence-Unpaid Military Professional Please refer to your Collective Bargaining Agreement and/or Board Policy for further details.
Collective Bargaining Agreements (CBA) & Board Policies Go to OKCPS.org Departments Human Resources Compensation Oklahoma City Public Schools Board of Education Policies are also located on the District Website. Go to OKCPS.org Board of Education Board Policies OKCPS Board Policies
Flexible Benefit Allowance/Cash in Lieu Flexible Benefit Allowance (FBA) Cash in Lieu If you do not enroll in medical insurance, you will be given the Cash In Lieu instead of the Flexible Benefit Allowance If you enroll in medical coverage, $594.90 is given to help cover cost of the medical premium
Board Paid Contribution ProTech - $155 per month The Board shall pay for each full-time Support and ProTech employees, a contribution amount if the employee elects the Board s health insurance plan to help cover the cost. Support - $123 per month Part time employees (4 hours) - $61.50 per month
Health & Welfare Major Medical Two different types of health insurance plans: HMO Aetna GlobalHealth BlueLincs PPO All HealthChoice Plans
Health Maintenance Organization (HMO) Healthcare services are coordinated by chosen primary care physician. Advantages: No deductible Less out-of-pocket costs during the plan year Disadvantages: Must have a primary care physician in network Limitations on choice in doctors and hospitals
Preferred Provider Organization (PPO) PPO insurance plans allow members to choose a doctor whether in network or outside of the network. There are basic and high deductible plans. Advantages: Broad choice of doctors and hospitals Disadvantages: Deductible (what has to paid before insurance begins to pay varies depending on plans) Greater out-of-pocket expenses
Dental & Vision Dental Several plans offer no annual deductible pay copays Most plans offer free preventative care (2 annual cleanings) Other services are shared costs Basic Care filings, extractions, oral surgery Major Care crowns, dentures, bridge Orthodontic Care Plan year maximum Vision 1 annual exam per calendar year Frames, lenses and/or contact lenses Plans offer discount on laser correction
Enrollment Information If you add a dependent to your insurance policy, you must provide a copy of: Spouse: Marriage certificate Dependent(s): Birth certificate for dependent child(ren), IRS taxes showing dependents, or court order establishing legal adoption/ guardianship During the plan year, you may add or drop coverage for yourself or dependent based on the following qualifying events: Marriage/divorce Birth/adoption/gain legal custody Dependent s change in status (employment) Employee or spouse changes employment status Death New residence inside/outside of HMO service area NOTE: All qualified status changes must be made within 30 days of the qualifying event and you must provide the applicable supporting documentation for qualified change.
Enrollment Information Declining Insurance: Must provide copy of insurance card Complete declination form (included in benefits packet) Insurance Effective Date: Insurance is effective the 1st of the month following the start date Example: If an employee starts work in August, insurance will be effective on September 1
Open Enrollment Held annually in October Changes go into effect January 1 No qualifying event is necessary to make changes Allows employees the opportunity to: Add/drop/change health, dental, life or vision plans Increase/decrease life insurance Add/drop qualified dependents
Flexible Spending Account (FSA) Allows employees to deduct premiums pre-tax basis and set aside pretax funds to use toward qualified medical and daycare expenses. You will need to contact American Fidelity to start your FSA by calling 405-416-8810 or 800-933-1853 Flexible Spending Account (FSA)-optional Up to $2650 annually July June fiscal year Use or lose plan Funds are loaded up front Dependent Day Care optional Up to $5,000 annually
Life Insurance Plans VOYA OMES/ Basic District-provided life insurance (no cost to you) + Option to purchase additional life insurance Option to purchase life insurance for yourself, spouse and/or dependent(s)
Life Insurance: The Standard District-provided life insurance for each full time employee. Certified employees -$35,000 Support employees - $25,000 (Reduces to $10,000 at age 70) ProTech, Central Office & Principals $50,000
Life Insurance: The Standard (continued) The VOYA - Must complete the beneficiary form for district paid term life insurance. _____________________________________________ Additional coverage may be purchased in units of $25,000 to a maximum of the lesser of 6 times your annual salary or $600,000. The minimum amount to elect is $25,000 Spousal coverage - up to $100,000 but cannot exceed 50% of your supplemental coverage Child(ren) coverage $10,000
Life Insurance: OMES Coverage may be purchased for yourself, spouse and dependent(s): Basic Life: $20,000 for $4/month Supplemental Life: maximum coverage is 2x annual salary rounded to the nearest $20,000). Coverage is guaranteed as a new hire Dependent coverage: three tiers available
Retirement Plans Teacher s Retirement Pension Plan 401(a) Retirement Savings Annuity 403(B) 457
Oklahoma Teachers Retirement (OTRS) 401(a) Teachers Only District contributes 7% of your TRS eligible compensation Certified Employees, ProTech and Principals District contributes 7% of your TRS eligible compensation up to $60,000 Support Employees District contributes 90% of 7% of your compensation up to $40,000. You will contribute 10% of 7% contribution. Example: for every $1, the district contributes $.90 and employee contributes $.10 cents. Membership is required for exempt staff Membership is optional for support staff - must complete enrollment form and turn it in today
Retirement Savings Annuity: 403b or 457b Allows an employee to make contributions pre-taxed from his or her income into a retirement plan. Lowers taxable income Plan for retirement Can start plans at anytime In order to start your payroll deduction you much contact an approved vendor from the list included in your benefits packet and set up or transfer an account. It may be a good idea to consult with a financial advisor before selecting a vendor.
Benefits Forms Deadline to turn in forms Must turn in forms within one week from date of onboarding By law, you have 30 days to make a change to your elections Takes two weeks to receive insurance cards What happens if you do not turn in your forms within 30 days? Must wait until open enrollment to enroll in benefits May be assessed a penalty from IRS on federal taxes Where to turn in forms HR Benefits Department 2500 N.E. 23rd Street (Operations Center, Building 3 check in at front desk Scan and email: hrbenefits@okcps.org Fax: (405) 587-0148
