Subject

Health Insurance Rate Adjustment for Aetna HMO and Aetna QPOS Participants

Purpose

To notify agencies of a one-time health insurance rate adjustment.

Background

This one-time rate adjustment submitted by the City of New York Office of Labor Relations will be reflected in the paycheck of February 14, 2008 for Aetna HMO and Aetna QPOS participants.

This request from the City of New York Office of Labor Relations was not received in advance to implement the reduced health insurance rate for the paycheck of January 17, 2008.

The adjustment is the amount that was over-deducted in the January 17, 2008 paycheck minus the new rate that is reflected in the January 31, 2008 paycheck.

Note:  Paychecks dated February 28, 2008 will reflect the correct deduction amount.

Affected Employees

CUNY employees with Aetna HMO and Aetna QPOS Plans.

Effective Date(s)

Paychecks dated February 14, 2008.

OSC Actions

OSC will automatically implement the one-time health insurance rate adjustment as requested by the City of New York Office of Labor Relations.

Agency Actions

Notify affected employees.

Questions

Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.