Collin County Community College District (Collin College)

What's New?

 
Sept. 1, 2005: Insurance Changes October 11, 2005: Community College Employees Eligible for ERS 457 Deferred Compensation Texa$aver Program Sept. 1, 2006: Insurance Changes
Premiums increase 8.9% for health insurance.  Other than that, the only changes are good ones.    You have new services available from HealthSelect:  See http://www.bcbstx.com/hs. Collin College employees now have an additional option for saving money for retirement on a tax-deferred basis: a 457 Deferred Compensation Plan.  All full-time employees are eligible and the minimum monthly contribution is $20.  See a comparison of the 457 plan with your other voluntary savings plan option, 403(b) plan, for tax year 2006 at: http://www.ers.state.tx.us/DeferredComp/2006comparison457b-403b.pdf.

CitiStreet has Enrollment Counselors located throughout the State available to provide you with a personal presentation of the benefits and tax advantages of the Texa$aver Program and answer all your questions about enrollment, investment choices, benefit distributions and withdrawals. 

You can arrange a personal appointment by contacting CitiStreet at (800) 634-5091 toll-free. You may also visit the Texa$aver website.

For more details about Texa$aver or to enroll in a 457 account, start at: http://www.ers.state.tx.us/DeferredComp/Default.htm.

 

 Premiums increase 5.0% for health insurance.  Aetna DMO premiums increase 7.4%.

 

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Monica Barron

Copyright 2003-06 (Collin College)

Last reviewed or revised 12/2006