We’ve got news you can use concerning sick leave payout at retirement and employer-provided health insurance offer and coverage.
Retirement Sick Leave Payout – Enhanced Options
Eligible licensed staff and administrators who are considering retirement this year will have an opportunity to elect an enhanced option in which they may receive payment for unused sick leave.
Employees who have completed three or more consecutive years of service with ACPS and meet the retirement eligibility under the Virginia Retirement System are eligible. A memo providing details, including an application, will be mailed directly to eligible employees’ home addresses. Employees must return the completed application to human resources no later than March 1, 2018.
Form 1095-C Employer-Provided Health Insurance Offer and Coverage
The Affordable Care Act (ACA) requires U.S. taxpayers to prove that they had health coverage in 2017 when filing their taxes for 2017.
Form 1095-C will be sent to employee work locations by February 15 for distribution. Employees may use this form as supporting documentation to complete their 2017 income tax return.
Employees who have already filed their tax return for 2017 may keep this form for their tax records.