Benefit Changes on Pay Stub
Frequently Asked Questions
The Office of Human Resources is streamlining the benefits eligibility criteria for faculty and staff to better enable the administration of benefits and reduce non-compliance risks. As a result, employees may notice some changes on their pay stub effective July 29, 2011 related to their benefits.
A picture of a sample paystub is available here.
Q. Why is the full rate of my medical plan premium listed on my pay stub?
A. You will now see your medical plan premium reduction for completing a Your Plan for Health (YP4H) Personal Health Assessment (PHA) listed as PHA Medical Plan Premium Credit under Earnings and Hours on your pay stub. Your medical plan premium now reflects the full employee cost.
Q. What does PHA Medical Plan Premium Credit mean on my pay stub?
A. This is the amount previously reduced from your medical plan premium rate after completing a Your Plan for Health (YP4H) Personal Health Assessment (PHA). You will now see a credit of $30 for monthly or $13.85 for biweekly listed under Earning and Hours.
Q. How does the PHA Medical Plan Premium Credit affect my net pay?
A. Although the PHA Medical Plan Premium Credit is treated as an additional earning, you are now being deducted for the full cost of the medical plan premium on a pre-tax basis. As a result, your net pay is not affected.
Q. Why are two lines listed for Short-Term Disability (STD), Voluntary Group Term Life Insurance (VGTLI) and/or Dependent Group Term Life Insurance (DGTLI) on my pay stub? Does this mean I’m being double deducted?
A. Deductions for STD, VGTLI and DGTLI were previously classified in Payroll as “General” deductions. They have now been reclassified as regular benefit plan deductions. Although you may see two lines on your pay stub, only one of them will have a deduction in the column labeled This Period. There will only be one current deduction for each of these plans. The general deduction line will still appear on your pay stub to display the YTD amount of that general deduction. You are not being double deducted.
Q. Why is a different amount listed for my Voluntary Group Term Life Insurance (VGTLI) deduction?
A. Two possible reasons:
1. Calculating the deduction for VGTLI was a manual process causing inconsistencies. This process is now automated and allows the system to consider your age, gender, smoking status, and the amount of coverage you have elected to calculate your deduction.
2. If you elected VGTLI in excess of the guaranteed issue amount ($100,000 for Employee; $40,000 for Spouse), coverage in those plans was limited to the guaranteed issue amount until your Evidence of Insurability (EOI) was approved by the insurance carrier. Once the EOI was approved by the carrier, your coverage was increased to the level you had elected. The corresponding deductions were taken from your paycheck.
For additional questions, contact The Office of Human Resources at 614-292-1050 or service@hr.osu.edu.
