Faculty Rights Tip: Flex Cash

Through the Flex Cash Plan (Article 32.13 in the Faculty Contract), faculty who waive CSU benefits because they have other non-CSU coverage can receive an additional $128 in compensation per month for waiving just medical benefits, $12 for waiving dental, and $140 for waiving both.

To participate, an employee must request participation and certify that s/he has alternate non-CSU insurance for the CSU insurance being waived. Faculty should speak with the benefits person in your campus Human Resources department to fill out the appropriate forms requesting participation.

REMINDER! DEADLINE TO CHANGE HEALTH INSURANCE IS THIS FRIDAY: Friday, October 6, 2017 is the last date of the CalPERS 2017 open enrollment period, during which employees can change health care benefits. Contact your campus Human Resources for more information about open enrollment.