for Employers of Maine Public Employees Retirement System
MARCH 2008
Personnel Status Codes Simplified
MainePERS is taking another step toward simplifying reporting requirements by reducing the number of Personnel Status Codes (PSC) from 29 to 8 codes. The chart to the right compares the PSC codes you now use and the new, “short” list of PSC codes. You may start using the new codes immediately, and we encourage you to begin as soon as possible. Effective January 2009, MainePERS will accept only the new codes for Applications for Membership and payroll reports. For more information, contact Employer Services:
Employer.Services@mainepers.org; Direct: 207-512-3200
Toll free: 1-800-451-9800
Current PSC New PSC 11 - Permanent Full Time 11 - Full time 21 - Permanent Full Time PST 71 - Grant Funded Full Time 73 - Grant Funded Full Time PST 12 - Permanent Part Time 12 - Part Time 22 - Permanent Part Time PST 72 - Grant Funded Part Time 74 - Grant Funded Part Time PST 17 - Project Full Time 17 - Project/Intermittent FT & PT 18 - Project Part Time (not elig. for Group Life Insurance) 27 - Project Full Time PST 28 - Project Part Time PST 29 - Project Intermittent PST 23 - Permanent Intermittent PST 26 - Seasonal Intermittent PST 42 - Intermittent Extracurricular PST 43 - Extracurricular G.F. Inter. PST 61 - Substitute Teacher PST 63 - Adult Ed. PST < 9/1/78 64 - Adult Ed. PST > 9/1/78 75 - Grant Funded Intermittent PST 14 - Seasonal Full Time 14 - Seasonal Full Time 24 - Seasonal Full-Time PST 15 - Seasonal Part Time 15 - Seasonal Part Time 25 - Seasonal Part Time PST 52 - Insurance Only, Retired 52 - Insurance Only, Retired 65 - Insurance Only Full Time 65 - Insurance Only, Active 67 - Insurance Only Part Time 53 - Retired, Returned to Work 53 - Retired, Returned to Work
APRIL 1st - MainePERS Group Life Insurance
The pay period that includes April 1st is upon us. This is the pay period that employers adjust the member’s level of coverage based on changes in annual base compensation. This year, April 1 also is the effective date for moving to age-based supplemental rates. For more information, see the Group Life Insurance information in the Employer section of our Web site. Additional information of the April 1 pay period may be found in the
May 2007 issue of Employer Update.
Changes in MainePERS Group Life Insurance
Revisions to MainePERS Group Life Insurance Program rules took effect on January 20, 2008. Highlights of the new rule include: 1. Key Participation Requirements:
• Approved Application for Coverage
• Paid-up premiums
• Employed at least 20 hours or 2.5 days per week
• Teachers who change employers are treated as new hires. The employer no longer has to
research prior coverage elections.
• Retirees returning to work in eligible positions may elect GLI coverage2. PLD employees covered under another “qualified retirement plan” may continue Basic coverage into retirement at no cost if they:
• Are 60, or have 25 years of service under the other qualified plan
• Have ten years of group life coverage
• Have group life at the time of termination3. When there has been a lapse of coverage due to employer or MainePERS error, the employee may obtain coverage by:
• Payment of all back premiums; or
• Go-forward coverage only if approved via Evidence of Insurability (EOI). Payment of
back premiums option is available if EOI is denied.4. Military Leave employees who did not pay premiums while on leave may re-instate coverage at no cost if they apply within 31 days of returning to work.
There is a copy of the new rule on the Employer Section under “Spotlight.” For more information, contact Survivor Services: SurvivorServices@mainepers.org; Direct: 207-512-3244; Toll free: 1-800-451-9800 x 3244.
MainePERS Group Life Insurance
Effective April 1, 2008, all employers who offer Group Life Insurance coverage through MainePERS, can offer all Supplemental and Dependent coverage options. MainePERS intent is to standardize Group Life Insurance coverage options for all PLD employees. Most employers already offer this full range of Group Life options. Employees who wish to obtain additional coverage may use the Evidence of Insurability process. Forms to request Evidence of Insurability are available via www.mainepers.org. For more information, contact Survivor Services: SurvivorServices@mainepers.org; Direct: 207-512-3244; Toll free: 1-800-451-9800 x 3244.
Program Updates
