What is the Benefits Office Customer Service Number?
The Benefits Office Customer Service Number is 410-313-7333. You may also email benefits questions to Benefits@hcpss.org.
How do I allocate funds for my salary reserve?
Please follow the instructions below to allocate a salary reserve to the 403(b)/457(b). If salary or payout date information is needed, please email payroll@hcpss.org for further assistance. We want to ensure you have the correct information before processing your request.
Email the following to Benefits@hcpss.org at least 4 weeks prior to the deduction date:
Name of 403b/457b carrier: ________________
Total deduction dollar amount: ________________
The check date of the transaction (that you will receive the payout): ________
How can I withdraw funds from my 403b?
Contact your 403(b) provider to obtain the required forms. Once completed, sign, date and email the entire completed packet to Benefits@hcpss.org as a PDF, for Plan Administrator signature.
May I be reimbursed my FSA funds that were deducted but not used?
No, the FSA is a use it or lose it benefit.
What will happen to my FSA deductions that have already come out this year?
You may submit FSA claims to our FSA carrier within120 days after your retirement date for service dates through your retirement date. Important note: If you retire in the month of July, your active benefits end on August 31. As a result, you can submit FSA claims for service dates through August 31, by December 31.
May I “Opt-out” of a benefit more than one time?
No, the one time opt-out can only be done once, at the time of retirement.
What does it mean to “Opt-Out” of a benefit?
A benefits eligible employee may elect to opt-out of a benefit upon their retirement date to have the option of opting back into that particular benefit in the future.
How do I change my life insurance beneficiaries?
Contact the Benefits Office via email at Benefits@hcpss.org or call 410-313-7333, so we may email or mail a Beneficiary Designation Form to you.
May I change the beneficiaries on my life insurance at any time?
Yes, you may update beneficiaries for your life insurance at any time throughout the year.
What is the value of my life insurance policy?
At the time that you retire, your active employee life insurance amount is reduced by 10%. It continues to reduce by 10% on each of the next four anniversaries of your retirement date, until it is worth 50% its original value, and then it does not depreciate any further. Retiree life insurance remains at 50% its original value until the retiree passes away.