Insurance Coverage
If you're laid off or furloughed, your health, dental, life, and disability insurance coverage will end within a month of your last day. You can choose to continue your health and dental coverage using COBRA.
Retirement Funds
The university's contributions to the retirement programs you've selected end with your last paycheck. Depending on the program you've chosen, you can leave the funds in place or request a distribution/refund.
Flexible Spending Account
You have until April the year after your job ends to submit expenses to your Health Care Spending Account and Dependent Care Spending Account.
P&S Lump Sum Payment
This alternative payment may be offered at the department's discretion to laid-off P&S staff who are Probationary, At-Will, Specified Term or Career Status.