You Leave Employment with the County
If you decide to leave county employment, you need to submit a Termination Notice to your supervisor, your payroll or human resources representative, and Benefits and Retirement Operations. (See Contact Information.) Your payroll or human resources representative will help you make arrangements for your last paycheck from the county.
If you leave employment, you may continue county health care coverage for up to 18 months under COBRA, but you must pay the full cost of coverage. (For more information, see " Continuing Coverage Under COBRA" in Health Care.) Your monthly rates are based on what the county pays to provide the same coverage for you as an active employee, plus a maximum 2% administrative fee.
You may also pay to take a wellness assessment and receive the benefits of health coaching telephone calls throughout the year. (For more information about the county's wellness assessment and health coaching calls, see " How the Healthy IncentivesSM Program Works" in "Medical Plans" in Health Care.)
When you leave the county in good standing, Benefits and Retirement Operations will notify FBMC, the county's COBRA administrator, of your eligibility for COBRA health care coverage. If you have a covered spouse/domestic partner or dependent children, they're also eligible for COBRA health care coverage. County-paid coverage ends the last day of the month you leave the county, and COBRA coverage begins on the first day of the month after you leave the county.
When you leave county employment, you may pay to continue your existing life insurance (for reasons other than disability) or convert it to a whole life policy with Aetna Life Insurance. You also may be eligible to purchase accidental death and dismemberment (AD&D) conversion insurance with CIGNA Group Insurance. (For more information, see " How to Continue or Convert Coverage" in Life and Accident Protection.)
You may leave your contributions in your Washington State Department of Retirement Systems (DRS) plan account, you may withdraw your contributions and the interest earned, or you may roll your contributions and interest into another tax-deferred investment. When you withdraw your contributions, you pay federal taxes on them, and you may also pay a penalty, unless you roll your contributions into another tax-deferred investment. You may not withdraw any King County contributions to your retirement plan. (See Contact Information.)
If you participate in the county's deferred compensation plan, you may leave your funds in the plan or you may withdraw your funds without a penalty. However, if you withdraw your funds, you will pay federal taxes on the amount withdrawn. (See Contact Information.)
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