Changes to Benefits and Retirement Savings Plans Due to COVID

family at kitchen table staring at open laptop.

Changes to UC benefits and retirement savings plan rules are designed to provide relief to employees.

Loans and Withdrawals from UC Retirement Savings Program

If you or a dependent experience financial consequences due to the COVID pandemic, or are diagnosed with COVID-19, you can withdraw money from employer-sponsored retirement savings plans without customary penalties.

Visit UCnet for more information on:

  • Eligible retirement plans
  • Withdrawal and loan limits
  • Financial consequences (quarantine, reduced hours, childcare need, others)

Make Changes to Benefits Plan Coverage

Until Oct. 28, just before Open Enrollment, employees and non-Medicare retirees have flexibility to make changes (including enrolling or canceling) to:

  • Medical plan
  • Health Flexible Spending Account (HSA)
  • Dependent Care Flexible Spending Account  (FSA)
More Time - to file claims, file appeals and apply or pay for COBRA.

Visit UCnet for more information, including instructions for requesting benefits plan changes