New DC Government employees…Aflac group insurance is available for whatever life may throw at you!Available plans - Benefits include, but are not limited to, the following: • Critical Illnesso Cancer (Internal / Invasive / Non-Invasive), Skin Cancer, Heart Attack, Stroke, Major Organ Transplant, Coronary Artery Bypass Surgery, Bone Marrow Transplant (Stem Cell Transplant), Kidney Failure (End-Stage Renal Failure), Coma, Severe Burns, and moreo Riders: Heart Event, Optional Benefits, Progressive Diseases, Childhood Conditionso $50 Health Screening BenefitAGC2400124 EXP 2/25• BenExtend®o Features commonly-used benefits from three different types of insurance – Group Accident, Group Critical Illness, Group Hospital Indemnity:❖ Accident benefits: Initial Treatment, Ambulance, Major Diagnostic Testing, Lacerations, Fractures, Appliances❖ Critical Illness benefits: Cancer (Internal, / Invasive / Non-Invasive), Heart Attack, Major Organ Transplant, Kidney Failure (End-Stage Renal Failure), Stroke, Bone Marrow Transplant, Sudden Cardiac Arrest, Coronary Artery Bypass Surgery❖ Hospital Indemnity benefits: Hospital Admission, Hospital Confinemento $50 Health ScreeningThis is a brief product overview. The plans have limitations and exclusions that affect benefits payable. Please refer to the plans for complete details, limitations and exclusions. Continental American Insurance Company (CAIC), a proud member of the Aflac family of insurers, Is a wholly-owned subsidiary of Aflac Incorporated and underwrites group coverage. CAIC is not Licensed to solicit business in New York, Guam, Puerto Rico, or the Virgin Islands.Continental American Insurance Company • Columbia, South CarolinaFor more information, scan the QR code or contact the Open Enrollment Call Center at 877-651-3601.
If an employee goes on an approved LOA, please notify Aflac Group within 30 days. If premiums are not remitted during the LOA period, the coverage will lapse due to nonpayment of premium. It is the insured’s responsibility to contact Customer Service to continue to remit payment. Please make checks payable to Aflac Group Insurance and send payments to the following address: Aflac Group Insurance P.O. Box 641629 Pittsburgh, PA 15264-1629Be sure to include your certificate number and employers name on the check • If premiums are not maintained while on leave, and you return within 90 days from the approved leave date, payroll deductions should resume and your coverage will remain active. However, there will be a gap in coverage for the time that you were on leave. This gap of coverage is a period where coverage is not in force no claims would be payable.• If premiums are not maintained while on leave and you do not return within 90 days from the approved leave date, your coverage will terminate on the 91st day. • If you return after 90 days then you must wait until the next annual open enrollment to reapply for coverage.• If you are on military leave and return within 5 years, your coverage can be reinstated. Leave of Absence Policy
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DC Government Short Term Disability, Long Term Disability, and Group Life Insurance Highlights
Short Term Disability (STD) & Long Term Disability Highlight (LTD)Short Term DisabilityAll benefits-eligible employees may enroll in the Short Term Disability Insurance Program. Short term disability insurance provides income replacement that may be used in conjunction with your annual or sick leave. This program has a 20-day elimination period and coverage lasts for six months. Income is replaced at 66 2/3 percent of the employee’s base pay reduced by deductible income. Deductions for both disability programs are done on an after-tax basis. This assures that any payments you receive from the program are not taxed.This program is designed to lessen the financial burden employees may incur from an extended non-work-related injury or illness. Short term disability insurance specifically addresses absences from work due to one’s own healthrelated reasons. If you have a qualifying medical condition, this insurance provides a partial replacement of your income.Key Features:❖Weekly disability benefits of $15-$1,385❖Income coverage of up to 66 2/3 percent of your salary❖Worldwide coverage❖Waiver of premium while disabledLong Term DisabilityAll benefits-eligible employees may enroll in the Long Term Disability (LTD) Insurance Program. Long term disability insurance provides income replacement that may be used in conjunction with your annual or sick leave. This program has a 180-day elimination period. Income is replaced at 66 2/3 percent of your pre-disability earnings, reduced by deductible income. If you become disabled before age 62, LTD benefits may continue during disability until you reach age 65. If you become disabled at age 62 or older, the benefit duration is determined by your age when disability begins as indicated in the Standard Insurance Long Term Disability table. Deductions for both disability programs are done on an after-tax basis. This assures that any payments you receive from the program are not taxed.Key Features:❖Monthly LTD benefit of $100-$6,000❖180-day elimination period❖Worldwide coverage❖Waiver of premium while disabled
Group Term Life Insurance Coverage HighlightBasic Life InsuranceYou may elect Basic Life Insurance equal to 1 times your Annual Salary rounded to the next higher $1,000, plus additional $2,000. The minimum amount is $10,000. An extra benefit is provided for loss of life before age 45. The cost of the monthly premium is shared with the District. You pay two-thirds of the total cost, and the government pays one-third.Optional Life InsuranceIn order to enroll in Optional Life insurance, you must participate in Basic Life insurance. Optional life insurance is available at a low cost for employees and their dependents, but employees pay 100 percent of the cost of optional life insurance. You may apply for any or all of the following Optional Life options, except that your dependents may be insured under only one option.❖ Option A: $10,000❖ Option B: 1, 2, 3, 4 or 5 times your annual earnings as of last January 1. The amount of insurance elected under Option B is determined by multiplying your annual salary, rounded to the next higher $1,000, by the option you elect.❖ Option C: You may apply for one of the following Dependents Life insurance options:▪ $10,000 for eligible spouse and $10,000 for your eligible child(ren)▪ $25,000 for eligible spouse and $10,000 for your eligible child(ren)▪ $50,000 for eligible spouse and $10,000 for your eligible child(ren)Please Note: Dependents up to age 21 (age 24 for students) may be eligible for Life Insurance Option C Coverage.
Learning how to save is easyFor use only by authorized registered representatives ofAscensus Broker Dealer Services, LLC. Not intendedfor print or distribution. Current as of January 2021.See plan website for more info.
Benefits & features• DC tax deduction*• Tax-deferred growth• Tax-free withdrawals**• Flexible & affordable• Attractive investment options• Gifting and rewards optionsWhat the DC 529 provides*Contributions by DC taxpayers in excess of the annual limit can be carried forward and deducted in future years on their DC tax return. If a participant makes a non-qualified withdrawal or a transfer/rollover to another state’s program within two (2) years of opening the account, the amount of the deduction is “recaptured” and must be included in the participant's District of Columbia income.**Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes and recapture of DC tax deductions. Tax and other benefits are contingent on meeting other requirements and certain withdrawals are subject to federal, state, and local taxes.
OverviewPayroll Direct Deposit (if available)Set up account: select payrollas contribution methodDetermine contribution amountPrint payroll authorization formGive to employer
Start saving todayPlease Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other statebenefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in thatstate’s qualified tuition program. You should consult your financial, tax, or other advisor to learn more about how state-basedbenefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your homestate’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations.Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when makingan investment decision.The Plan is administered by the District of Columbia Office of the Chief Financial Officer, Office of Finance and Treasury. AscensusCollege Savings Recordkeeping Services, LLC (\"ACSR\"), the Program Manager, and its affiliates, have overall responsibility for the dayto-day operations including recordkeeping and administrative services. Ascensus Investment Advisors, LLC serves as the InvestmentManager.For more information about The DC College Savings Plan (“The Plan\"), call 800-987-4859, or visit www.DC529.com to obtain aProgram Disclosure Booklet, which includes investment objectives, risks, charges, expenses, and other important information;read and consider it carefully before investing.Mr. Rydzeski is a registered representative of Ascensus Broker Dealer Services LLC, 877-529-2980, 95 Wells Ave, Newton MA(member FINRA/SIPC) and is not employed by the District of Columbia.• Visit DC529.com to learn more about the Program, request an information kit or enroll online.• Call 1-800-987-4859 to speak with a Program representative Monday through Friday, 8 a.m. to 8 p.m. EST
David RydzeskiAscensus Government SavingsRepresentative for DC College Savings Plan Institutional Relationship [email protected] C 571-565-5869www.dc529.com
Office of the Student Loan OmbudsmanDepartment of Insurance, Securities and Banking1050 First Street NE, Suite 801Washington, DC 20002PUBLIC SERVICE LOAN FORGIVENESS
169INTRODUCTIONWhat benefits are you eligible for as a public servant?Can I get my loans forgiven?
170WELCOMEAGENDA❑District of Columbia Statistics❑Requirements ❑Contact InformationAndrea McCargoStudent Loan Program Manager
171IMPORTANT STATISTICSCurrent Trends:• $1.814 trillion in total U.S. student loan debt• 42.5 million Americans with federal student loan debt▪ Average student loan balance is $39,075 ▪ Average monthly student loan payment is $536
172PUBLIC SERVICE LOAN FORGIVENESS
173APPLYING FOR PSLFCheck to see if your employer is already in the employer database.Request that your employer’s eligibility be reviewed if it is not already in the database or has not yet had its eligibility determined.Prepare and sign your PSLF form, and request certification and signature from your employer—all electronically.Generate your PSLF form for manual signature and submission.
174CONCLUSIONWhat benefits are you eligible for as a public servant?Can I get my loans forgiven?
THANK YOUPUBLIC SERVICE LOAN FORGIVENESSContactStudent Loan Ombudsman OfficePhone: 202.727.8000Email: [email protected]
Key Dates➢ I9 Paperwork – The NEXT business day after your New Employee Orientation date.➢ PeopleSoft Access – The following MONDAY after your New Employee Orientation date.➢ Direct Deposit – The following WEDNESDAY after your New Employee Orientation date.➢ Benefits Selection Process – 31 days from employmentReminders➢ Email Address➢ Credentials ➢ PeopleSoft Access➢ Direct Deposit➢ MSS Orientation➢ Select BenefitsREMINDERS AND KEY DATES
REMINDERS AND KEY DATESMandatory Classes➢ Cybersecurity – OCTO➢ Artificial Intelligence (AI)-OCTO➢ Sexual Harassment – Course # BESH25Focus on your Professional Growth➢ Performance Plan➢ CLD Courses ➢ Percipio – Online LearningPeople to get to Know➢ HR Advisor➢ Training Coordinator or Learning Officer ➢ Sexual Harassment Officer (SHO)
CONNECT & LEARN MOREDCHR’s Center for Learning and Development:DCHR Help Desk: Scan QR code to access our Help DeskDCHRdc DCHumanResources dchrDCFOLLOW US ON SOCIAL MEDIA
EMPLOYEE TOOLKIT RESOURCESScan QR code to access our NEW EMPLOYEE RESOURCES
182THANK YOU & GOOD LUCK!