OSU provides a competitive benefit package which includes insurance and retirement benefits in addition to other programs and services.
Review Eligibility & Enrollment information to have an understanding of who is eligible and what you might consider when you are choosing your benefits.
Other Benefit Resources
The Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) is continuation of group medical, dental and vision insurance coverage. Chard Snyder is the third-party administrator for COBRA coverage. OSU Benefits notifies Chard Snyder within 14 days of a loss of coverage. If you or your qualified dependent lose eligibility for university insurance coverage, Chard Snyder will send you a packet and application for COBRA. The notice is sent to your mailing address.
Please review your address information in your employee portal, Self Service Banner, to ensure it is up-to-date. You may only continue the coverage you or your dependents had at the time you or your dependents lost eligibility. In some cases, you may continue your flexible spending account (FSA). Contact Chard Snyder for information on continuing your FSA. Follow the instructions within the packet you receive from Chard Snyder to elect your COBRA coverage.
Chard Snyder contact information:
If you do not receive a packet, please contact:
- EMPLOYEE ASSISTANCE PROGRAM
ComPsych®provides Employee Assistance Program (EAP) services for Oklahoma State University.
Your GuidanceResources® with ComPsych®
benefits will give you and your dependents confidential support, resources and information for personal and work-life issues. These services are provided at no charge to benefits eligible employees and their dependents.
- LEAVE BENEFITS
OSU offers many different leave options for eligible employees.
- UPDATE BENEFICIARY INFORMATION
It is important to name your beneficiaries and keep the information current with major life events (marriage, divorce, birth, or adoption).
- COLLEGE SAVINGS PLAN
Learn more about saving for college with the Oklahoma 529 College Savings Plan.
You can download enrollment materials or have enrollment materials mailed to you. Completed enrollment materials to open an account should be mailed to the Oklahoma College Savings Plan. Within two weeks you will be sent a verification letter that contains your new account number. You will need this account number to begin contributions by payroll deduction.
OSU Payroll Deduction: If you want to make contributions by payroll deduction, complete the OCSP for Automatic Deduction form (included in the enrollment kit) and attach a copy of the verification letter you received from OCSP. The verification letter will contain the account number. Send the original payroll deduction form and copy of the verification letter to OSU Human Resources, 106 Whitehurst. Send a copy to OCSP at the address above. The following information may be helpful in completing the payroll deduction form. The Employer Name and Address on the form should be Oklahoma State University, 106 Whitehurst, Stillwater, OK 74078. The Employer Payroll Contact information is Payroll Services, 405.744.5971. The effective date should be the first day of a payroll period for the next month.
For biweekly paid employees the form must be received in OSU Human Resources by the last day (Friday) of the payroll period prior to the start of the next month in order to be processed timely.
For monthly-paid employees the form must be received by the fifth workday of the month to be processed for that month. The amount per month must be at least $15.00 per account. This means that monthly employees must withhold at least $15.00 per month per account; biweekly employees must withhold at least $7.50 per pay period per account. For both biweekly and monthly employees, amounts will be taken from each regular payroll. Be sure to list the beneficiary name, along with the account number and the percentage of the payment that should go to each account and beneficiary.
The account number should go in the Investment Option Number or Name field. The total percentage must equal 100%. The funds collected each month will be sent to OCSP by the 10th of the following month. Anytime you wish to cancel your payroll deduction, you may send a notice in writing or e-mail to OSU Benefits at firstname.lastname@example.org.
- BENEFITS WHILE IN LEAVE STATUS
Your leave status could have an impact on your employer paid and employee paid benefits.
We recommend visiting the Benefits While in Leave Status page to review detailed information about what happens to your benefits while you are in leave status.
- SUMMER BENEFIT COVERAGE FOR FACULTY
Faculty and staff benefits may continue during the summer, even if you are not receiving a paycheck. Premiums normally deducted from your paycheck will be billed to your Bursar account. You can verify your coverage and deductions on your Pay Stub in your employee portal, Self-Service Banner.
Full payment is due for all insurance premiums by the end of the month as billed by the Bursar. If premiums are not paid by the 15th of the month, finance charges may be added to your Bursar account. If premiums are not paid by the end of the month, all insurance coverage will be cancelled.
You will continue to receive Bursar statements at the beginning of each month via email. Log in to check your account and/or pay your bill online with the OSU Bursar. Please review your bill carefully.
OSU Benefits will also send you a reminder letter if you still have insurance premiums due on your Bursar account after the 15th of each month.
Please verify with your department to be sure you have a continuous assignment for the fall semester to ensure proper insurance coverage and billing through the summer months.
- OSU WELLNESS RESOURCES
OSU Department of Wellness continually develops new programs and services to fit the ever-changing wellness needs of our Cowboy Community.