Salary & Benefits Information
2016-2017 Compensation Plan
Enrolling and Making Plan Changes
- The benefits plan year runs from September 1 through August 31 each year.
- Open enrollment is held annually before the start of the plan year.
For initial enrollment in employee benefit plans, new employees will meet with a representative from FBS, the district's third party administrator, to ask questions and get set up in the enrollment system. New employees have 30 days from their date of employment to enroll and make any changes.
Existing Employees: Existing employees may make changes to most benefits only during open enrollment or within 30 days after a qualifying change in family status.
For the medical, dental, Vision, Flexible Spending Account, Medical Supplement, and Cancer plans, choices are made for a one-year period, and can only be changed during open enrollment or within 30 days after a qualifying change in family status, as defined by the IRS. (These plans are also called Cafeteria or Section 125 plans. Premiums for these plans are taken out of paychecks before taxes are figured, so IRS rules govern when changes can be made.)
For life insurance, disability coverage, identity theft plans, and Health Savings Accounts, changes can be made at any time. Increases in life insurance or disability coverage require evidence of insurability and are subject to approval by the insurance companies.
- Call or e-mail HR if you have a question about whether you can make a change.
To make a permitted change:
- send an e-mail or bring a hand-written note to HR stating specifically what changes you want to make; and
- attach any required documentation of your qualifying change in status.
Health and Supplemental Insurance
FBS Benefits Portal
2016-2017 DSISD Employee Benefit Guide
2016-2017 Benefits Presentation
TRS ActiveCare Website
2016-2017 Medical Plan Rates
Medical Plan Highlights
TRS ActiveCare Enrollment Guide (complete information on all available medical plans)
Dripping Springs ISD offers health insurance through TRS ActiveCare, offered by the Teachers Retirement System of Texas to school districts statewide. Plans offered include two PPO options, an EPO (Exclusive Provider Organization), and an HMO. The district contributes $225 per month towards the cost of any of these plans for employees regularly scheduled to work 20 or more hours per week.
In addition, the district offers a variety of supplemental insurance plans to employees through a third party administrator, Financial Benefit Services (FBS). Click on the "FBS Benefits Portal" link above to find information about the following plans:
|| Accident Coverage
|| Cancer Coverage
|| Disability Coverage
|Group Life (Cigna)
|| Dependent Care Reimbursement FSA
|Accidental Death & Dismemberment (Cigna)
|| Medical Reimbursement FSA
|Individual Life (Texas Life)
|| Identity Theft
Health Savings Account and Health Reimbursement Account
Enrollment in a Health Savings Account (HSA) or Health Reimbursement Account (HRA) through DSISD is tied to participation in one of the medical plans offered through the district. The medical plan you choose determines which kind of account you will have. HSAs and HRAs are administered by National Benefit Services (NBS).
Health Savings Account: Employees who enroll in TRS ActiveCare 1-HD are automatically enrolled in an HSA. The district contributes $43 per month ($516 annually) to each enrolled employees' account. Employees can also make contributions to their HSA, and contribution amounts can be changed or discontinued at any time by notifying HR in writing.
Health Reimbursement Account: Employees who enroll in TRS ActiveCare 2, TRS ActiveCare Select, or Scott & White HMO are automatically enrolled in an HRA. The district makes a one-time, upfront $516 contribution to each enrolled employees' account.
403(b) Retirement Plan Information
District employees can choose to enroll in a 403(b) retirement plan, also known as a Tax-Sheltered Annuity. For more information about 403(b) retirement plans, visit the Financial Planning tab on the FBS Employee Benefits Portal and read the Plan Information and FAQ sections.
Steps for Enrolling in the 403(b) Plan:
- Step 1
Visit the NBS 403(b) Forms page. Under Select your state, choose Texas; under Select your plan, choose Dripping Springs Independent School District 403(b). The page that opens has links to: Authorization Forms, Salary Reduction Agreement, Approved Vendor List, Maximum Allowable Contributions, and a Plan Summary.
- Step 2
From the Approved Vendor List link, select a provider, and contact the provider directly to establish an account (a financial advisor may assist you with this process).
- Step 3
After your account has been established, complete and submit a Salary Reduction Agreement to Payroll to initiate salary reductions.