Other Benefit Programs
CalPERS Long Term Care Plan
- Long term care plans cover certain services provided in a setting other than an acute care unit of a hospital, such as a nursing home, residential care facility, adult day care center or in the home, according to the plan selected.
- A person requires long term care when he or she needs help with two or more of the six Activities of Daily Living (ADLs): bathing, dressing, toileting, transferring (moving in and out of a bed, chair or wheelchair), eating or continence.
- Three plans to choose from: (a) comprehensive, (b) facilities only, and (c) partnership.
- Offered to all CalPERS employees, spouses, parents, parents-in-law and siblings (age 18 and older).
- Entirely employee-paid.
- Contact the CalPERS Long-Term Care Program at 1-800-338-2244 to request an enrollment kit.
- Program details are outlined in these brochures.
For more information see CalPERS Long Term Care Plan.
CSU Auto/Home Owners Insurance
The Chancellor’s Office offers all its employees auto and homeowner’s insurance through A+ Auto & Home Insurance Plus (underwritten by California Casualty and Fireman’s Fund). This employee-paid voluntary plan allows employees to make payments through payroll deduction. For more information call 1-877-999-8954.
For more information see CSU Auto/Home Owners Insurance.
CalPERS Home Loan Program
The CalPERS Home Loan Program offers various loan choices for CalPERS members, including 100 percent loan financing, and special loan programs via qualified lenders appointed by CalPERS.
For more information see CalPERS Home Loan Program.
Credit Unions
The following credit unions offer checking, loan and savings programs:
For more information see Credit Unions.
Pre-Tax Parking Deduction Plan
The CSU Pre-Tax Parking Deduction Plan allows eligible employees to pay for CSU parking expenses with pre-tax dollars. This pre-tax benefit is available only through payroll deduction for qualified parking as defined by the IRS and established by each campus (e.g., CSU owned, leased or contracted parking facility). For an eligible employee, participation in the Plan is automatic unless the employee chooses otherwise. Deductions are taken from an employee’s paycheck before federal, state, Social Security, and Medicare taxes are calculated. An employee’s taxable income is reduced, and consequently taxable income reflected on an employee’s W-2 statement is reduced.
The IRS limits qualified parking expenses to parking at or near an employee’s work location or at a location from which an employee commutes to work by carpool. The CSU Plan allows a pre-tax benefit only for qualified parking paid for by the employee though payroll deduction. Not all parking expenses allowed under IRS rules may be eligible through payroll deduction as prescribed by campus policy and the State Controller’s Office.
IRS Code Section 132(f) limits the amount of qualified parking that may be excluded from an employee’s taxable income.
For complete details contact the Human Resources Office for the CSU Pre-Tax Parking Deduction Plan Brochure.
U.S. Savings Bonds
- Employees are eligible to purchase U.S. Savings Bonds (Series EE) through payroll deduction.
- The principal and interest due is paid when the bond is cashed.
- Bonds are sent to employees as they are purchased.
- Can be replaced if lost, stolen or destroyed.
Enrollment information
- U.S. Treasury Website
- Savings Bond FAQ
- Fill out Enrollment Form (.pdf) and return to Human Resources Office
