Portsmouth Public Schools

BENEFITS

Qualified employees are members of the Virginia Retirement System.
Members are vested after five years.
Members may receive disability and death benefits.

For complete information about the Virginia Retirement System Click Here

Life Insurance
Members are covered by Minnesota Life Insurance Company
Portsmouth School Board pays 100% of the premium
Coverage for your beneficiary is provided with a single sum of:
Two times your annual salary in the event of natural death.
Four times your annual salary in the event of accidental death.
Member premiums for the first $50,000 of life insurance coverage are tax-exempt.
Optional life insurance is available for self, spouse and children. Member pays the full premium.

Medical Benefits
The Portsmouth School Board offers medical insurance through Optima Health . There are three plans:

Optima Point of Service Plan
Optima High Option HMO
Optima Low Option HMO

The Portsmouth School Board currently pays 95% of a single subscriber premium for the high option HMO. Employees are eligible to enroll within thirty days of hire date.

Other Benefits
Employees of Portsmouth Public Schools may elect to participate in one or more of the following:

Flexible Spending Programs
Tax Sheltered Annuities (TSA)
Disability Plans
Dental Insurance is available through Delta Dental of Virginia
- Employees are eligible to enroll within thirty days of hire date.
- Employees pay the full premium.
Legal Programs
Portsmouth Teachers Federal Credit Union

Additional Benefits
Portsmouth Public Schools also provides:

Sick Leave (earned on a monthly basis; unlimited accumulation)
Personal Leave
Professional Leave
Workmen's Compensation Insurance
Liability Insurance
Qualified employees receive a monetary contribution to offset the cost of health insurance in retirement until they become eligible for Medicare.


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	BENEFITS The Virginia Retirement System Qualified employees are members of the Virginia Retirement System. Members are vested after five years. Members may receive disability and death benefits. For complete information about the Virginia Retirement System Click Here Life Insurance Members are covered by Minnesota Life Insurance Company Portsmouth School Board pays 100% of the premium Coverage for your beneficiary is provided with a single sum of: Two times your annual salary in the event of natural death. Four times your annual salary in the event of accidental death. Member premiums for the first $50,000 of life insurance coverage are tax-exempt. Optional life insurance is available for self, spouse and children. Member pays the full premium. Medical Benefits The Portsmouth School Board offers medical insurance through Optima Health . There are three plans: Optima Point of Service Plan Optima High Option HMO Optima Low Option HMO The Portsmouth School Board currently pays 95% of a single subscriber premium for the high option HMO. Employees are eligible to enroll within thirty days of hire date. Other Benefits Employees of Portsmouth Public Schools may elect to participate in one or more of the following: Flexible Spending Programs Tax Sheltered Annuities (TSA) Disability Plans Dental Insurance is available through Delta Dental of Virginia Employees are eligible to enroll within thirty days of hire date. Employees pay the full premium. Legal Programs Portsmouth Teachers Federal Credit Union Additional Benefits Portsmouth Public Schools also provides: Sick Leave (earned on a monthly basis; unlimited accumulation) Personal Leave Professional Leave Workmen's Compensation Insurance Liability Insurance Qualified employees receive a monetary contribution to offset the cost of health insurance in retirement until they become eligible for Medicare.