OFM Service News – Long Term Disability (LTD) Rate Correction (UPDATE)

Wednesday, January 19, 2022 - 10:34
OFM ITS Service News

Visit the OFM Service Portal at https://ofmwa.servicenowservices.com/sp to submit a ticket to the OFM Help Desk.

UPDATE

HCA has completed the process of sending new files to replace the LTD records with incorrect rates. All employees who did not previously opt-out of LTD now reflect the correct rate within HRMS. In addition to these corrections, the maximum salary has been increased from $10,000 to $16,667 per month.  


Message sent on 1/11/22 at 12:22 p.m.

2022 Long Term Disability Rates

Effective January 1, 2022, the PEBB sponsored Long Term Disability (LTD) insurance rates changed and employees were automatically enrolled unless they had previously opted-out of the program. When the new rates were loaded between the Pay1 and HRMS systems, the rate entered HRMS as 0.0060 for all employees who had not opted out. This rate is incorrect. Employees should have been updated to one of two rates:

Coverage Level

TRS, PERS, and other retirement plan employees

60 percent

0.0047

50 percent

0.0028

 

Health Care Authority (HCA) is in the process of sending new files to be loaded into HRMS to replace the current records with the incorrect rate. The OFM HRMS team will process these updated files as they are received to correct employee rates.

It is important to note that the new rates did not process in payroll period 1/2022, so there has been no impact to employees with the incorrect rate. All employee records will be corrected prior to processing payroll period 2/2022.

Once OFM has processed all corrected files from HCA, the OFM HRMS team will cross check to ensure there are no employees who still have the incorrect rate of 0.0060. If any employees are identified during this process, OFM will reach out to agency payroll offices individually to provide the necessary steps for manual correction. In addition, OFM will send an updated communication once all of the corrected files have successfully been completed.

Questions?

OFM Help Desk

 

     OFM Help Desk

     HereToHelp@ofm.wa.gov

     360.407.9100