HR, Payroll and Benefits News

2022 Benefit Deductions and Contributions

For most employees, benefit deductions and contributions will change in 2022.

Health, Dental, Vision, and Accident Insurance
Premiums for most health and dental insurance plans will increase slightly for 2022. Vision and Accident Insurance premiums will remain the same. The change to the premiums will start on your December 16, 2021 paycheck.

Flexible Spending Account (FSA), Health Savings Account (HSA), and Parking & Transit Accounts
If you enrolled in an FSA, HSA, or Parking & Transit Account for 2022, your first contribution will start on your January 13, 2022 paycheck.

Individual & Family Life Insurance and UW Employees, Inc. Life Insurance
If you will be in a new premium age category as of January 1, 2022, or if you changed your coverage level during the Annual Increase Option period for the Individual & Family Life Insurance, your new premium will start on your December 16, 2021 paycheck.

University Insurance Association (UIA) Life Insurance
If you are enrolled in the UIA Life Insurance Plan, the annual premium of $24 will be deducted from your December 16, 2021 paycheck.

Accidental Death & Dismemberment (AD&D) Insurance
If you enrolled, changed coverage levels, or cancelled coverage through the MyUW portal during the Annual Benefits Enrollment period, your 2022 premium will start on your December 16, 2021 paycheck.

Income Continuation Insurance (ICI)
The 2022 ICI premium rate changes will be effective on your February 24, 2022 paycheck. Additional information will be communicated in January.

Wisconsin Retirement System (WRS) Contributions
The WRS employee and employer contributions for 2022 will decrease slightly for most employees. 2022 contributions will start on your January 13, 2022 paycheck.

UW 403(b) Supplemental Retirement Program (SRP)
Your January 13, 2022 paycheck will be the first paycheck with contributions going to the recordkeeper you selected during Annual Benefits Enrollment (or defaulted to if you took no action).

For additional information, review the Benefit Premiums web page.

Source: UW System Human Resources