Temporary Employee Benefits

Insurance Benefits

The State of Florida offers health insurance benefits to OPS (variable hour/ temporary) employees when they meet specific eligibility criteria. Benefits eligibility criteria is determined by People First, plan administrator for the State Group Insurance.

Resources

FICA Alternative Plan

The FICA Alternative Plan is a qualified savings plan that allows temporary employees to contribute a percentage of their before-tax wages to investment accounts.  The employee has the ability to manage his/her own account.

See BENCOR Website – FICA Alternative Plan Information

As of February 1, 2009, all temporary, part-time, and seasonal FIU employees who are not covered by the State Retirement System will participate in a qualified savings plan, administered through Bencor, Inc. In lieu of paying 6.2% of after-tax wages to Social Security, eligible employees will contribute 7.5% of their before-tax wages to an investment account under their name (Medicare contributions of 1.45% will continue to be withheld and matched by FIU). All temporary eligible employees, excluding students, are automatically enrolled in this plan.

Voluntary Retirement Savings Plan (403(b) & 457(b) plans)

FIU offers a series of Voluntary Savings Plans providing you with the opportunity to plan for a secure financial future by maximizing your retirement savings. Review the different plan options and consult with your financial advisor(s) before taking any action.