New Jersey Proposed employees' loan and guaranty benefit plan

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Multi-State
Control #:
US-CC-23-109
Format:
Word; 
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This sample form, a detailed Proposed Employees' Loan and Guaranty Benefit Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

State Health Benefits Program State Employees ? To be eligible, you must be a full-time employee of the State of New Jersey or be a full-time appointed or elected officer of the State (this includes employees of a State agency or authority and employees of a State college or university).

These agreements (known as Section 218) represent a mutual commitment that ensures the Social Security program is a viable part of employee benefit programs available to government employees. Unlike workers in the private sector, all state and local employees aren't covered by Social Security.

Who has a Section 218 Agreement? All States, including the 50 states, Puerto Rico, the Virgin Islands, and approximately 60 interstate instrumentalities have a Section 218 Agreement with SSA.

The governing body of a political subdivision initiates social security coverage for its employees by contacting the Pennsylvania Department of Labor & Industry (State Administrator in Pennsylvania) to amend the Section 218 Agreement. For your information the legal references are listed below.

New Jersey Division of Pensions and Benefits (NJDPB) The NJDPB oversees all Pensions and Benefits for New Jersey.

All employees have social security coverage. Permanent employees (and some temporary employees) have both a State Retirement plan and social security coverage. PERS ? The Public Employee's Retirement System is a Reserve system with employer and employee contributions.

All 2023 SHBP/SEHBP medical plans include: Well Care and Preventive Care: Services such as annual physical and annual gynecological exams, well baby/child medical care and preventive care immunizations are covered 100% when using an in-network doctor.

Most members of the New Jersey State-administered retirement systems are covered by group life insurance benefits.

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New Jersey Proposed employees' loan and guaranty benefit plan