Human Resources and Payroll

Benefits

 

Benefits

Welcome to the Benefits homepage! Please refer to the links on the left side or the tabs above to discover more about all of the benefits provided to employees at George Mason University.

If you have any questions, would like more specific information about employee benefits, or would like to schedule an appointment to discuss your benefits in greater detail, please call (703) 993-2600 and ask to speak to a member of our Benefits Team.

University Hall, 4th floor, 4441 George Mason Boulevard.

 

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Posted May 26 2016

The New Fiscal Year is Coming: Your First Check May Have Some Changes

1. Open Enrollment Changes: Health Insurance, Flexible Spending Accounts. Please note that your July 15 net paycheck may change. This is due to FY2016 increases in health insurance premiums including any open enrollment changes you made regarding health plan and flexible spending accounts.

2. Flexible Spending Account Reminder: A reminder for those who have a dependent care or a medical Flexible Spending Account (FSA). The plan year ends on June 30, 2016. You must incur your eligible expenses by June 30th in order to be reimbursed by Anthem. While your eligible expenses must be incurred by the end of the current plan year, you have until September 30, 2016 to submit the expenses for reimbursement. Please note that if you do not use all of the funds in your FSA by the end of the plan year and submit the expenses by September 30, 2016, you will forfeit the remaining funds. Expenses charged on your card July 1 or later go toward the new benefit year.

If you have any questions regarding deduction changes effective on 7/1/16 or FSAs, please contact the HR & Payroll Customer Service Center at 3.2600 and ask to speak to a member of the Benefits Team.

Posted February 10 2016

The Affordable Care Act (ACA) and Taxes

The Department of Human Resource Management (DHRM) has sent out guidance on the Form 1095C which provides information regarding health coverage for faculty/staff and their dependents as required by the ACA. DHRM will be sending out Form 1095C to faculty and staff in the state health plan beginning on March 1. You do not need the form to file your taxes. For additional information, please visit Form 1095C Information. If you have any questions, please contact the Benefits Team at benefits@gmu.edu.

Posted October 29 2015

IRS Limits for 2016

The IRS announced cost-of-living adjustments (COLAs) affecting the dollar limits for pension plans and other retirement-related items for the 2016 tax year. There is no change from 2015. Participants under age 50 can contribute up to $18,000 in the Supplemental Retirement Plan (403(b)) program and the Virginia Deferred Compensation Plan (DCP) (457). Participants age 50 and over can contribute $24,000 in each plan. If you wish to change your 403(b) contribution, please complete a 403(b) salary reduction agreement and return to Benefits at MS 3C3. If you wish to change your 457 contribution, please call ICMA-RC at 1-VRS-DC-PLAN1 (1-877-327-5261), or log into your account at http://www.varetirement.org/dcp.html.
Can't find something you remember seeing in this space? Check out our recent Benefits announcements

Kaiser News Release

Human Resources and Payroll Benefits Disclaimer

Disclaimer: The Commonwealth of Virginia and George Mason University reserve the right to terminate, suspend, withdraw, amend or modify the benefits plan in whole or in part at any time. Further, The Commonwealth and the University reserve the right to terminate or modify coverage for any group of employees, active or retired and their dependents or a class of dependents at any time.