Separating Benefits

Your health insurance will continue through the end of the month in which you separate from Georgia Tech. You may continue your coverage under COBRA (The Consolidated Omnibus Budget Reconciliation Act).

  • You must submit your eligible flexible spending account claims to Optum no later than 90 days following your last day of employment for expenses prior to your separation date from Georgia Tech in order to qualify for reimbursement.
  • If you are enrolled in the Health Savings Account and have a remaining balance in your account, you may continue to use your remaining HSA funds for qualifying expenses until your funds are exhausted. Your funds do not expire.
  • Your basic and supplemental life and AD&D benefits end on your last day of employment, as do your short- and long-term disability benefits. Please see the applicable continuation options for life insurance below.

COBRA (Consolidated Omnibus Budget Reconciliation Act)

COBRA is a federal law allowing employees and dependents to temporarily continue healthcare coverage in certain instances where otherwise the coverage would end. Dependents are eligible for COBRA coverage only if they were covered on the plan the day before the event occurred. Coverage is identical to the health coverage carried by active employers.

Employees offered COBRA coverage have 60 days to make a COBRA election and 45 days to submit payment to Discovery after the election is made. You may continue coverage for up to 18 months.

Once you have officially separated from Georgia Tech, you will receive a letter about COBRA from OneUSG Connect. You will work through OneUSG Connect to arrange COBRA benefits.

Impact on Benefits

See below to learn how different benefits are impacted by leaving Georgia Tech. Some plans stop immediately, others have the option to continue on an individual basis and a few may require action. Also, ensure your address is up-to-date to ensure you receive your W-2.

Address Change

If you have a change in address, you can update your new contact information at www.techworks.gatech.edu. You have security for 24 months after your termination date. You will need to change your password. Questions can be addressed to the Payroll at Pay.ask@ohr.gatech.edu.

W-2’s

W-2’s will be accessible via TechWorks for up to two years following your termination date. Contact GTHR at 404-894-4614 or email with questions. 

Vacation/Final Pay

If eligible for vacation, you will be paid for any unused, accrued vacation time up to a maximum of 45 days (360 hours). Vacation payouts are processed with your last paycheck or the following pay period, depending on when payroll receives notification of your termination from your department. Contact GTHR at 404-894-4614 or email with questions. 

Sick Leave
USG Identity Theft

Identify Theft ends on your last day of employment. You must contact Legal Club of America for continuation options.

Unum Whole Life
 
Georgia United Credit Union Loans

If you have an outstanding loan, you must contact Georgia United to reestablish your loan payment options.

Core Retirement Plans: TRS & ORP

For information related to refunds, distributions, rollovers or general account information, you must direct your questions to either TRS or the applicable financial institution (Fidelity, Valic, or TIAA) for ORP.

529 Plans

If you contribute to Georgia Tech’s 529 plan through TIAA, your contributions will stop on your last paycheck.

Supplemental Retirement Plans: 403(b) & 457(b)

For information related to distributions, rollovers, and general account information, you must contact the applicable financial institution (Fidelity, Valic or TIAA). If you have an outstanding loan, you must contact Fidelity directly to establish a repayment plan. 

Long Term Care (LTC)

LTC benefits end on your last day of employment. If you wish to continue your LTC benefits through John Hancock’s portability feature, you must contact John Hancock directly to elect continuation of benefits.