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 | | | Calculate your Insurance (monthly) Premiums | | Use this Calculator to determine the amount to be deducted from your pay-check for group insurance coverage. You may also determine the amount paid with pre-tax dollars. Disability and Dependent Life premiums are not converted to pre-tax dollars. In addition to these premium deductions, 6 percent of your salary is held in a retirement fund and will be matched by the state when you retire. You may elect other pre-tax deductions by enrolling in TexFlex and Texa$aver. |
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| Paid with pre-tax dollars: |
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 | Health Insurance. |
 | Dental Insurance. |
 | Optional Term Life. |
 | Voluntary Accidental Death & Dismemberment (AD&D). |
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| Paid with after-tax dollars: |
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 | Short-term Disability. |
 | Long-term Disability. |
 | Dependent Life. |
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If you are subject to the 90-day health insurance waiting period, health premiums will be deducted for the first time from the paycheck you receive for the month following your 90th day of employment. Calculate your eligibility period. |
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1. | The Calculator calculates your monthly premiums in the above mentioned sequence, starting with the 'Health Insurance.' It goes through a series of steps to calculate your monthly payroll deduction at the end. | | | | 2. | You can skip calculating a particular insurance, if not wanted, and go on to calculate the next. | | | | 3. | You will have to choose the carrier for your 'Health' and 'Dental' insurance for calculating 'Health and 'Dental' insurance premiums, respectively. For more information visit Benefits Home Page. | | | | 4. | Optional Term Life is limited to a maximum of $ 400,000. | | | | 5. | The premiums calculated on these pages are an estimation only. The actual premiums may differ from the one's calculated here. Please contact your benefits coordinator for the actual premiums. |
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