{"id":962,"date":"2022-05-05T07:38:49","date_gmt":"2022-05-05T11:38:49","guid":{"rendered":"https:\/\/inside.wooster.edu\/hr\/?page_id=962"},"modified":"2025-06-11T15:38:23","modified_gmt":"2025-06-11T19:38:23","slug":"conclusion-of-benefits-at-the-college-of-wooster","status":"publish","type":"page","link":"https:\/\/inside.wooster.edu\/hr\/current-employees\/conclusion-of-benefits-at-the-college-of-wooster\/","title":{"rendered":"Conclusion of Benefits at The College of Wooster"},"content":{"rendered":"\n
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Exit Interview<\/strong><\/h4>\n\n\n\n


Please complete an\u00a0Exit Interview<\/a>\u00a0to tell us about your time at The College. Please return it to humanresources@wooster.edu<\/a><\/p>\n\n\n\n

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Group Health Plan, Vision Plan, Dental Plan<\/h4>\n\n\n\n

Coverage terminates the last day of the month of your last day worked. Employees and their dependents enrolled in the health plan, dental plan, and\/or vision plan on the day before the date of termination will be offered COBRA continuation coverage. Current COBRA rates are determined by the cost paid by employee and employer plus an additional 2% for administrative cost.<\/p>\n\n\n\n

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COBRA<\/h4>\n\n\n\n

Complete instructions on COBRA, as well as election forms, payment information, and other information will be provided by P&A Group, Inc. This information will be mailed directly from P&A Group to your home. For additional COBRA information, please refer to the Group Health Plan Summary Plan Description. P&A Customer Service can be reached at (800) 688-2611 or online at www.padmin.com<\/a>.<\/p>\n<\/div>\n\n\n\n

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Flexible Spending Account Plan \u2013 Health Care and\/or Dependent Care<\/h4>\n\n\n\n

If enrolled, the benefit terminates as of your last day actively at work. Employees and their dependents enrolled in the flexible spending account plan on the day before the date of termination will be offered COBRA continuation coverage. Complete instructions on COBRA, as well as election forms, payment, and other information, will be provided by P&A Group, Inc. This information will be mailed directly from P&A Group to your home.<\/p>\n<\/div>\n\n\n\n

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Life Insurance<\/h4>\n\n\n\n

Insurance coverage will end on the last day worked. You may convert your coverage to an individual life insurance policy. The maximum amount that you can convert is the amount you are insured for under the plan. You may also choose to convert to a lower amount of life insurance. If you are interested in converting your coverage to an individual life insurance policy, please see enclosed packet from Lincoln Financial. Please email Benefits@wooster.edu<\/a> for the forms to port or convert your policy.<\/p>\n<\/div>\n\n\n\n

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Optional Life Insurance<\/h4>\n\n\n\n

If enrolled, coverage ceases your last day of employment. You may convert your coverage to an individual life insurance policy without having to provide evidence of good health. Or you may choose a portability option which allows you to continue a certain level of your employee and dependent coverage without having to provide evidence of good health. If you are interested in converting your coverage or choosing the portability option, please email Benefits@wooster.edu<\/a> for the forms to port or convert your policy.<\/p>\n<\/div>\n\n\n\n

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Long-Term Disability Insurance<\/h4>\n\n\n\n

If eligible, coverage terminates as of your last day actively at work.<\/p>\n<\/div>\n\n\n\n

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Voluntary Accidental Death & Dismemberment (AD&D) Insurance<\/h4>\n\n\n\n

If enrolled, coverage ceases the last day of employment. You may convert your coverage to an individual AD&D insurance policy. The maximum amount that you can convert is the amount you are insured for under the plan. You may also choose to convert the current amount of coverage to a lower amount of AD&D insurance. If you are interested in converting your coverage to an individual AD&D insurance policy, please contact Human Resources.<\/p>\n<\/div>\n\n\n\n

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TIAA Retirement Savings<\/h4>\n\n\n\n

College contributions, if applicable, will cease as of your last day actively at work. For questions regarding your account(s), please contact TIAA\u2019s Participant Information Center directly at  TIAA<\/a> or 1-800-842-2252.<\/p>\n<\/div>\n\n\n\n

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Unemployment Compensation Notice to Employees <\/h4>\n\n\n\n

Information you need to file a claim:<\/p>\n<\/div>\n\n\n\n