Retirement Plans
Alternate Benefit Plan (ABP) participants
- You will continue to participate as long as your position remains at least 50% time.
- If your position is less than 50%, you must participate in the Public Employees’ Retirement System (PERS). You must complete a PERS Application.
Public Employees’ Retirement System (PERS) participants
- You will continue to participate in the plan.
PERS Optional Long Term Disability Plan (LTD)
If you are enrolled in the optional LTD plan for administrators, your coverage will terminate on the last day of your full-time status.
Health Plans
As a part-time employee, you are no longer eligible to participate in employer-paid State Health Benefits Plan. If your status change (full-time to part-time) medical, dental and prescription drug coverage will terminate at the end of the month the change occurs. Example: employment termination date is January 29th, insurance coverage will end on January 31st.
Vision care coverage will terminate the end of the month of your status change, regardless of the date of the change.
You may continue all plans under the COBRA provisions for up to 18 months by paying the group rates plus 2% administrative fee. A COBRA application will be sent to you once a Full Time/Part Time Change Request has been submitted by your Supervisor in the Human Capital Management (HCM) system and processed by University Human Resources. Please visit the COBRA FAQs for additional information.
As an alternative to COBRA, you may choose to enroll in health insurance for part-time employees. Part-time employees can elect one of the programs offered by the NJ Division of Pensions and Benefits. Please visit the Part-Time State Health Benefits Program webpage for current rates and plan information. The cost of coverage is paid completely by the employee through direct billing from the Division of Pensions and Benefits. This option does not include dental coverage and vision care. To continue the dental coverage and/or vision care, you must exercise your COBRA rights as explained above.
Tuition Remission
Part-time employees are not eligible for tuition remission. If you are presently receiving tuition remission benefits, the benefits will continue until the end of the current semester.
Paid Time Off
When a staff member's status changes from full-time to part-time, the Absence Reporting System will calculate (pro-rate for part-time) the monthly accrual on the new percentage rate for the remainder of the fiscal year, expressed as the full-time equivalent.