If you’re on our medical plan and paid a premium in April, we are pleased to announce that you will receive a little extra *something* in your May paycheck! Because of the continued strong performance of our health insurance program, we will be refunding one month of medical premiums to all employees who paid premiums in April. This refund will be based on the normal premium paid in April for the coverage selected at that time. Please be sure to login to Greenshades to review your May earnings statement and verify this refund. Continue reading
Over the years, we have been asked by employees and by various health clubs to offer payroll deduction for monthly membership fees. While the County of Albemarle encourages employees to participate in wellness programs, it has been limited in its ability to offer payroll deduction of membership fees to multiple health clubs because it is/was a manual process. By standardizing this process and by utilizing the Greenshades Employee Self-Serve portal, the County will automate this process and will expand the offering of payroll deduction to additional health clubs who meet certain membership requirements. (Please see the Health Club Payroll Deduction FAQs.) Continue reading
VRS (The Virginia Retirement System) recommends that applicants send in your paperwork at least 60 days ahead of your intended retirement date in order to avoid delays in getting your first retirement benefit payment. If you’re a School Division employee and planning to retire at the end of the school year, please contact John McQuilkin (email@example.com) in Human Resources ASAP (if you haven’t already) for guidance. Continue reading
As we start a new year and you begin to gather your information for the IRS income tax filing season, Payroll would like to share some important information with you regarding your Form W-4 (IRS Employee’s Withholding Allowance Certificate) for 2018. Your Form W-4 tells Payroll the correct amount of tax to withhold from your paycheck. Situations when you might need to change your Form W-4 include marriage, divorce, having a child, or if you discover through filing your federal income tax return that you had too little or too much withheld from your pay. Continue reading
It’s a tax form that we are required to issue to certain employees due to Affordable Care Act (ACA) requirements. Think of the 1095-C as a kind of W-2, but for benefits. It details medical insurance coverage for yourself and any dependents who may have been covered under our medical plan, as well as documenting the offer of coverage to certain other employees. Visit your Greenshades account to access your 1095-C form.
Please NOTE the following: Continue reading
We are pleased to announce that we will be reducing medical premiums to plan year 2016-2017’s rates. This change will be effective for the month of March through the end of the current plan year (September). You will first see this reduction to your premiums in your February earnings statement. Continue reading
VRS Hybrid Plan Members: Did you know that your guaranteed retirement benefit under the VRS Hybrid plan is, at best, 30% of your pre-retirement salary?
Don’t short yourself later in life (or lose out on employer matching funds!) by not setting up voluntary contributions into your deferred compensation plan. Your future self will thank you.
Here’s your chance to sit down one-on-one with a VRS Hybrid retirement plan expert!
Your W-2 Form (Wage and Tax Statement) for filing is now available online through your Greenshades employee account. If you have not yet enabled receiving forms electronically, click on Account Settings in the upper-right corner and select the Notifications tab. From this tab, you can set your preference to electronic delivery. Continue reading