FlexCash Plan
The CSU offers eligible employees the opportunity to participate in FlexCash, an optional benefit plan that allows you to waive medical and/or dental insurance coverage if you have other non-CSU coverage through an individual policy, private group coverage, or coverage related to employment outside the CSU system. This benefit provides a cash payment in lieu of your medical and/or dental insurance coverage. Â
Current FlexCash payments:
- If you waive medical and dental the payment amount is $140.00 monthly.Â
- If you waive medical only the payment is $128.00 monthly.Â
- If you waive dental only the payment is $12.00 monthly.
Enrollment:
- If you are a new employee, you can enroll within 60 days of your hire date. Â Coverage will become effective on the 1st of the month following enrollment, subject to campus and state Controller's Office processing timelines.
- Continuing employees may enroll during the annual open enrollment period in September/October for the following calendar year, effective January 1.
- If your employment status changes, you may qualify to enroll at that time. Â Consult with your Benefits representative.
- When eligible to enroll, enrollment will be via the ¼ªÏ鷻 portal. At that time, you certify that you are covered by a non-CSU medical and/or dental plan. Â
- Your enrollment will continue from year to year until you change or terminate your enrollment.
For more information, refer to the ¹ó±ô±ð³æ°ä²¹²õ³óÌýµþ°ù´Ç³¦³ó³Ü°ù±ð, the FAQs below, or consult your Benefits representative.Â
Frequently Asked Questions:
- If you have an allowable status change (including but not limited to loss of coverage through a spouse, and change in marital status), you may stop or start FlexCash. For additional information, refer to the FlexCash brochure.
- Enrollment changes must be requested within 60 days of the status change event.
- FlexCash payments continue during periods of paid leave; if you take a leave without pay, the payments stop until you return to paid, active status.
- FlexCash payments will stop when you retire. You may enroll in a CSU medical and/or dental plan within 60 days of your retirement, or during any subsequent annual Open Enrollment period.