Benefit Information for Employees- Health, Dental, Retirement

**Open Enrollment begins May 1 and ends May 10th. All elections must be received by May 10th.**

All bolded text has an information sheet linked to it.

FY25 Summary of Benefits for all Current Town Employees : Including Health, Dental, Stipends, Retirement, Sick and Vacation Accruals

FY25 Rate Sheet 
     Including Health, Dental, Buybacks and PD Stipends

Medical Insurance: Harvard Pilgrim, through Benefit Administrator NH Interlocal Trust
     Current employees have the option to remain with our current plan, the HMO SUPER $25 $500 with HRA. 
      HMO SUPER $25 $500 with HRA 
      HMO HDHP (High Deductible Health Plan) with HSA  There is not an option to go back to the HMO SUPER if this plan is chosen.
     For a side-by-side comparison of the plans, please click HERE. 
     To watch the presentation, please use this link: Health Insurance Presentation explaining the new options

csONE Benefits Accounts:

• Health Reimbusement Arrangement (HRA) 
• Flexible Spending Account (FSA)  
• Dependant Care Account (DCA) 
• Health Savings Account (HSA)  
• Limited Purpose -Flexible Savings Account (LP-FSA)

Dental Insurance: Northeast Delta Dental, though Benefit Administrator HealthTrust

STIPEND FOR DECLINING INSURANCE (Buy-Back)
Any eligible employee with current insurance coverage may decline Health and/or Dental insurance and receive a taxable stipend paid bi-weekly. Proof of current coverage for the employee, dependents and/or spouse is required. Please see the Health and Dental Declination forms (below) for details. Forms must be received by May 30, 2024

Retirement Plans- Deferred Compensation 457b
     Fulltime Employees have the option to have pre-tax deferred compensation in a 457b plan. Anyone hired before July 1, 2024 may choose to receive a Town contribution of 7% in lieu of joining the NH Retirement Sytem. Please speak to Administration of Finance for more information.
     Corebridge (formerly VALIC)
     Mission Square (formerly ICMA-RC)

NHRS for Town (Group 1) employees 
     Full time staff hired before July 1, 2024 have the option to join NHRS or receive a Town contribution of 7% to one of our two 457b plans. Employees should visit https://www.nhrs.org/ for information.
     New hires after July 1, 2024 will automatically be enrolled.