Benefit Groups: New Employees
Benefits Information for New Employees
Welcome to the University of Michigan! This site provides comprehensive information about the benefits packages offered by the University of Michigan. These benefits packages are some of the most competitive packages available. In fact, depending upon the benefits in which you enroll, your University of Michigan benefits package will equal 25-30% of your compensation package at the university, giving you a total compensation package that truly adds value and peace of mind to your employment.
Click the link below to view a PowerPoint slide presentation about the U-M benefits packages. This is the same benefits information presented at the weekly new employee orientation sessions.
You can view the entire presentation from start to finish or view only the sections that interest you most.
For best results, save the presentation to your computer before viewing.
You have 30 days (or as specified by your bargaining agreement) to choose the benefits most useful to you and your dependents. Make your benefits elections carefully. Once you submit your elections, your choices will be recorded as your benefits elections until the next Open Enrollment period. You may not make any changes to your elections — even within the 30-day enrollment period — unless you have a qualified family status change.
- See Enrollment and Enrollment Deadlines (PDF) for more information.
- Tips for New Hires Enrolling in the Retirement Savings Plan
Faculty and Staff
Faculty and staff have 30 days to submit benefit elections. Failure to submit elections within the 30-day deadline will result in no health plan or prescription drug coverage. If you do not wish to enroll in health plan and prescription drug coverage because you are covered by a group health plan other than as an employee, retiree, survivor or dependent of an employee of the University of Michigan, you may be eligible to receive a cash credit for opting-out of university coverage. In order to receive the credit, eligible employees must waive U-M health plan coverage and submit information about the source of their other coverage.
Graduate Students are automatically enrolled in GradCare. You have 30 days to waive coverage, add any eligible dependents, or choose a different health plan for which you are eligible.
Research Fellows have 30 days to submit benefit elections. If benefit elections are not received within 30 days, Research Fellows will be enrolled in Comprehensive Major Medical.
The following sections are available on this website to assist you with your benefits enrollment. Click the headings to view the information.
You are responsible for making sure that your pay can cover the deductions for the benefits you choose. This section contains information about payroll deductions and tax information for other qualified adult coverage.
This section highlights the actions you must take after you enroll in your benefits plans to ensure that coverage for you and your dependents is timely and accurate.
Your eligibility is based on your benefits job/career family, your appointment percentage, and the duration of your appointment. (Your department supplies this information to Human Resource Records and Information Services [HRRIS].) This section includes a chart giving comprehensive information about eligibility for you, your spouse or other qualified adult, and your children.
It is your responsibility to enroll in the benefits most useful to you and your dependents. As a newly employed faculty or staff member, you will enroll in most benefits plans online through Self Service > Benefits, accessed through Wolverine Access at https://wolverineaccess.umich.edu. The Enrollment section provides step-by-step instructions. You will enroll in some plans, such as the Retirement Saving Plan, using enrollment forms which are available for download from the Forms page.
Each of the benefits plans has been carefully researched and negotiated. You can enroll in your benefits with the assurance that your benefits needs are priorities at the University of Michigan. This section provides summaries of the benefits plans. Click the links for more information.
- Benefits Plan Rates
- Your Benefits 2013 (PDF)
- Basic Retirement
The University of Michigan offers a two-for-one match of your retirement plan contributionsif you contribute 5% of your eligible gross salary, the university will contribute an amount equal to 10% of your eligible gross salary. You must complete a 12-month waiting period to become eligible to receive the 10% U-M contribution to the Retirement Savings Plan. Your retirement contributions are vested immediately. In addition to your Basic Retirement plan, you can establish a Supplemental Retirement Account. Rehires need to complete a Salary or Annuity Option Plan Agreement form each time they begin a newly eligible appointment.
- Health Plan
A number of health plans are available, allowing you to choose the plan that best meets the needs of you and your dependents.
Availability of Summary Health Information
As an employee, the health benefits available to you represent a significant component of your compensation package. They also provide important protection for you and your family in the case of illness or injury.
Your plan offers a series of health coverage options. Choosing a health coverage option is an important decision. To help you make an informed choice, your plan makes available a Summary of Benefits and Coverage (SBC), which summarizes important information about any health coverage option in a standard format, to help you compare across options. To view a health plan option, you may select the appropriate document from the Summary of Benefits and Coverage page. You may also call the HR/Payroll Service Center at 734-615-2000 or 866-647-7657 (toll free) to request printed copies of a specific plan’s SBC at no charge.
- Prescription Drug
When you enroll in a U-M health plan, you will be concurrently enrolled in the U-M Prescription Drug Plan.
- Flexible Spending
Enrolling in either or both the Health Care or Dependent Care Flexible Spending Account allows you to pay certain health care, dental, and child care bills with tax-free money.
Term Life Insurance
University Plan — $30,000 of life insurance coverage for you only paid for by the university.
Optional Plan — If you are enrolled in the University Plan and want additional coverage.
Dependent Plan — Coverage for your spouse or other qualified adult and/or your dependent children.
- Dental Plan
The Dental Plan offers three options with differing features.
- Vision Plan
Each enrolled person may receive an eye exam, eyeglass lenses and frames or contact lenses, once each calendar year.
- Legal Plan
Obtain help on a personal legal matter (excluding divorce) from a participating attorney in your area.
- Expanded Long-Term
This plan pays 65% of your covered pre-disability base salary in the event you should become totally disabled. The plan also pays the cost to continue most of the benefits you have at the time of disability.
- Travel Accident
Insurance and Secure Travel Plan
While traveling on business for the university, all active faculty or staff members are covered by travel accident insurance, the entire cost of which is paid by the university.
The University of Michigan in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents. Although the university has elected to provide these benefits this year, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefit. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university's right to modify, amend or terminate them.