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    PREMIUMS

    Does it cost more for me to cover more than one dependent?
    No. For current medical, dental and vision premiums, click here.

    What are pre-tax premiums?
    You have the option to pay for your portion of most insurance premiums with pretax dollars through convenient payroll deductions. Since your premium payments are deducted before taxes are withheld, you will not pay federal, Social Security, and in many cases, state and local income taxes on this money.

    Why would I NOT want to elect the pretax option?
    Paying for your benefits on a pretax basis will marginally reduce your Social Security benefits when you retire or if you become disabled. The exact amount of the reduction will depend on the length of time between now and when you draw your Social Security benefits. Studies have show that the savings employees realize through reduced taxes during their career usually make up for any reduction in Social Security benefits.

    How can I know that my premiums are being deducted pre-tax?
    Look at your pay stub. The medical, dental, and vision premiums are deducted pre-tax. Optional Life and Short Term Disability are exempt from the pre-tax premium option.