| Retiree Benefits |
Active Employee Benefits |
| Health + $2,500 Basic Term Life + Prescription Drug Coverage |
Health + $5,000 Basic Term Life and Accidental Death & Dismemberment (AD&D) + Prescription Drug Coverage |
| Dental |
| Vision |
| Optional Term Life - Elections 1-2 or $10,000 Fixed Optional Life |
Optional Term Life - Elections 1-4 |
| Dependent Term Life - $2,500 |
Dependent Term Life - $5,000 |
| Long-term Care (existing accounts only) |
TexFlex - Health care and limited flexible spending account:
- Can choose to continue participation through COBRA and file claims for eligible expenses incurred throughout participation
- Cannot enroll after retired or make contributions from annuity check
Dependent care and commuter spending accounts:
- Cannot enroll or continue enrollment
The TexFlex debit card is deactivated on the last day of the month in which your employment ends. |
TexFlex - Active employees, including retirees with active employee benefits, can contribute to and use funds in TexFlex health or limited, dependent care and/or commuter spending accounts. |
Texa$aver - Retirees can keep their Texa$aver accounts and can roll over funds from other retirement accounts into their Texa$aver accounts.
- Retirees who have not returned to work cannot enroll in, have a loan on, or contribute to a Texa$aver account.
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Texa$aver - Active employees automatically enrolled in the 401 (k) at 1%
- Retirees who have returned to work for State of Texas agencies and participating higher education institutions can contribute to their Texa$aver accounts, whether they are enrolled in retiree benefits or active employee benefits.
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| - |
AD&D |
| - |
Short-term and long-term disability insurance |
| - |
Premium conversion (tax savings) |