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PUHSD Retirement Workshop

This retirement workshop covers final pay details, insurance benefits, ASRS subsidy, early notification bonus, and more for PUHSD employees. Learn about monthly medical reimbursements, ASRS regulations, and leave/vacation payouts.

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PUHSD Retirement Workshop

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  1. PUHSD Retirement Workshop

  2. Final Pay • Biweekly Pay • Balance of Contract Checks • Early Notification Bonus

  3. Post-Employment Insurance Benefits • Private • New Employer Group • COBRA – ASRS Subsidy • ASRS – ASRS Subsidy & ER Program Reimbursement

  4. PUHSD Early Retirement Program • Insurance Premium Reimbursement • Monthly Medical Reimbursement Payments • First Banking Day of the Month • Non-Taxable Payment

  5. PUHSD Early Retirement Program (continued) • Life Insurance • Taxable Fringe Benefit for Coverage in Excess of $50,000 • Subject to State & Federal Tax, Social Security & Medicare • Unpaid Social Security & Medicare Tax • W’s in Future Years

  6. Returning to Work After Retirement • ASRS Regulations & Process • PUHSD Pay Rates

  7. Leave/Vacation Payout • Total Value Under $5,000 – paid to employee • Total Value $5,000 and over – paid into 403B Special Pay Plan • 403b/457 Transfers & Withdrawals • Require Plan Administrator Approval • TSA Consulting

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