Syracuse University offers a comprehensive benefits program that provides flexibility and choice to meet the unique needs of our employees. Unless you experience a qualifying life event in 2022, Open Enrollment is your one opportunity to review your current benefits, explore your options and decide which benefits you wish to select for the coming year. If you would like to make changes to your benefits for 2022, be sure to complete your enrollment online via MySlice between Nov. 1-12.
Each year, Syracuse University reviews its benefits program and makes revisions based on a thorough evaluation, which includes comparisons to the programs of other higher education institutions. Planned revisions to this year’s benefits enable the University to offer highly competitive benefits, continue important and strategic hiring and support the University’s priorities including offering competitive salaries.
Enclosed is an overview of 2022 benefits, including planned changes for the upcoming year. Please review this update closely to assist you in planning accordingly.
- Affordable contributions. Vision and life insurance rates will decrease and there will be no rate increase for dental insurance.
- Dental and vision coverage carries over from 2021. It is the second year of a two-year commitment for the University’s dental and vision plans. Although current elections will remain in effect through Dec. 31, 2022, vision plan rates will decrease and VSP retail options expanded to include allowances at Walmart, Sam’s Club and Costco.
- Increase your life insurance. Be sure to complete MetLife’s Statement of Health and send it directly to the vendor for potential approval if you choose to increase your coverage.
- Action required for Flexible Spending Account (FSA) enrollment. Your current Dependent Care FSA contribution will not continue into 2022 unless you take action during Open Enrollment. The 2022 annual maximum household contribution for a Dependent Care FSA is $5,000 to pay for child care and adult dependent expenses.
- Enhanced caregiving resources through Care@Work by Care.com. The University provides a variety of support to assist with child and dependent care needs. Remember, you have access to a free premium membership to the caregiving website Care.com.
- Set yourself up for financial success. Open Enrollment is the perfect time to check your retirement contributions to make sure your savings are aligned with your future goals. Log in to review your TIAA account balance online and increase your voluntary contributions through MySlice. Check out the Financial Wellness hub for resources to help you plan for a financially secure future.
- Add or change your dependent(s). Review the Benefits Eligibility Policy for more information about eligible dependents under the University’s benefit program. Remember, when you add a spouse, partner or child to your coverage, you must provide supporting documentation to HR Shared Services to confirm their eligibility.
Take action now! Review the information within this website for everything you need to know about 2022 benefits. When you’re ready to enroll, log in to MySlice, make your elections and click FINISH to submit.
HR Shared Services is available at 315.443.4042 to answer your personal questions. Appointments are available upon request. In addition, please contact HR Shared Services with any questions or requests for accommodations.
If you expect to have dependent care expenses next year, setting aside money in an FSA is a great way to save on taxes.
|Dependent Care FSA|
|What can you use it for?||Day care expenses for a child under age 13, or an adult dependent, so you (and your spouse/partner) can work|
|How much can you contribute?||$5,000 per household|
|What if you don't claim the full amount?||IRS rules require that you will lose any amount not claimed by April 30 of the following year|
Be sure you read and understand which expenses are eligible, when you can access the funds and how to file claims by the deadline. Details, online calculators and tips can be found on the HealthEquity/WageWorks website or on the Flexible Spending Account page.
This is the second year of a two-year commitment for the University’s dental and vision plans. Unless you have a qualifying life event, the only change you can make for 2022 is to add or remove a dependent from your dental and vision coverage, if needed. Although current elections will remain in effect through Dec. 31, 2022, vision plan rates will decrease and VSP retail options expanded to include allowances at Walmart, Sam's Club and Costco. Review our online resources to ensure you’re using your dental and vision benefits to the fullest.
2022 Monthly Dental and Vision Plan Contributions (Contributions listed below are based on the 12-month calendar year. Actual deductions from each paycheck will vary depending upon your deduction cycle.)
|Preventive Dental||Preventive Dental and Vision||Comp. Dental||Comp. Dental and Vision|
|Employee + Spouse/Domestic Partner||$21.38||$30.83||$70.51||$79.96|
|Employee + Child(ren)||$24.25||$34.51||$69.64||$79.90|
|Employee + Spouse/Domestic Partner + Child(ren)||$40.50||$56.89||$109.04||$125.43|
The University provides a variety of financial wellness resources to help navigate the financial demands of many of life’s most significant events. Resources include financial counseling through TIAA and Carebridge, educational opportunities such as the Build Your Financial Know-How workshop series, and much more.
Although you can change your retirement plan contributions at any time, Open Enrollment is a perfect time to evaluate what you’re setting aside for retirement and ensure you’re on track to meet your future goals. You can log in and review your retirement account balance online with TIAA and increase your contributions through MySlice.
- Life Insurance and Accidental Death & Dismemberment (AD&D): Syracuse University provides you with life insurance and AD&D offered through MetLife, with options to purchase supplemental coverage for yourself and your family members at favorable group rates. A Statement of Health must be approved by MetLife before certain coverage is effective. Enroll or increase your supplemental life coverage to protect your family, and gain a valuable additional benefit: free will preparation [PDF].
- Your Retirement Plan Contributions. Although you can change your retirement plan contributions at any time, Open Enrollment is a perfect time to evaluate what you’re setting aside for retirement and ensure you’re on track to meet your future goals. You can log in and review your retirement account balance online with TIAA and increase your contributions through MySlice.
Life circumstances can change from year to year, and Open Enrollment is a time to review who is covered under your benefits and add or remove dependents, if necessary. A few reminders:
- If you add a dependent to any benefit plan, you must provide proof of eligibility (i.e., marriage license, domestic partner documentation, birth or adoption certificate, legal custody paperwork, etc.)
- Beneficiary designations can be updated through MySlice (for your life insurance policy) or via the TIAA website (for your retirement account).
- While you’re in MySlice, review your personal information, such as your address, military status, tax withholding information, direct deposit and emergency contact, and make any changes.
Once you are ready to enroll, follow these simple steps to make your selections for 2022.
- Log in to MySlice. From Nov. 1-12, click on the Open Enrollment tile located on the Employee Home page within MySlice to begin the enrollment process. If you do not know your NetID or password, visit Self Serv or call 315.443.2677.
- Select Your 2022 Benefits. Be sure to maximize your benefits! Don’t forget you can add/change/drop your plan options and dependents, elect an FSA, update your beneficiaries and more.
- Click Finish. Be sure to update your selections by clicking FINISH to replace your prior choices. You can update your benefits as often as you like before the deadline of Nov. 12.
- Review Your Confirmation Statement. Review the email sent to your syr.edu email account. This will confirm your 2022 plan choices and pre/post tax costs.
Every effort has been made to ensure the information within this website is accurate. However, benefits are governed by legal documents (which, in certain circumstances, may include insurance contracts). If there is any difference between the information within this website and the official documents, the official documents will control. As is the case with all of Syracuse University’s benefit plans, the University reserves the right to modify or terminate these benefits at any time.