Employee Resources

Retirement

LFRA partners with you to plan for a secure and comfortable retirement.  No matter your age or stage of your career, it is never too late to begin saving—or saving more—for retirement.  

Voluntary Retirement Plan

• LFRA offers a defined contribution 457 plan with ICMA-RC that lets you contribute on a pre-tax and/or Roth basis, through convenient payroll contributions. The most you can contribute to your combined 457 accounts in 2019 is $19,500 or, if you are age 50 or over, an additional $6,500 (annual total of $26,000). This IRS limit applies to your combined contributions, pre-tax and Roth. Eligibility begins on your date of hire.
  • You are eligible on your date of hire.
  • You have a wide range of funds to choose from for investing your savings.
  • You are always 100% entitled to the value of your own contributions.
• Non-Sworn New Hires
  • You will be automatically enrolled to contribute 2% of pay on a pre-tax basis if you do not make a contribution election. You can opt out or change this automatic election at any time.
• Sworn Personnel
  • LFRA will match your pre-tax and Roth savings combined to a maximum of 5% of eligible pay.
  • You also have the option to contribute to a FPPA 457 (with no LFRA match)

Mandatory Retirement Plans

• Sworn Personnel
  • You are automatically enrolled in the mandatory 401(a) consisting of 10% employee contribution and 10% LFRA match

• Non-Sworn Personnel
  • Non-Sworn personnel are enrolled in the mandatory 410(a) consisting of the following contribution schedule

Forms

• 457 Enrollment
• 457 Contribution Change
• Rollover/Transfer to ICMA-RC
• FPPA – Suspending Participation or Starting the Roth Plan

Life Insurance

• Basic Life with Accidental Death & Dismemberment (AD&D) – LFRA paid 1.5x the employee’s salary up to $450,000
• Voluntary Life Enrollment Guide 2020
• Voluntary Life Insurance Summary 2020
• Voluntary Life Rate Chart 2020

Chilson Recreation Center

Employee Assistance Program (EAP)

• Flyer
• Overview
• WorkHealthLife.com

Flexible Spending

• Flexible Spending Account Enrollment Form
• Rocky Mountain Reserve Website
• Direct Deposit Authorization

Peer Support Team

Travel Assistance

Tuition Reimbursement

• Guideline
• Application

Getting married. Becoming a parent. These and other life events may affect your employee benefits, so it’s important to know when to take action.

Examples of Qualified Life Status Changes:

• Change in legal marital status: Marriage, death of spouse, divorce or annulment
   
• Change in the number of dependents: Birth, adoption, placement for adoption, legal guardianship or death of a dependent
   
• Change in dependent status: A dependent losing coverage under another plan, such as a spouse/partner losing coverage from his/her employer
   
• Change in employment status: Job promotions and/or transfers that change the benefits offerings
   
• Military service: A spouse or eligible dependent being called to military duty in the U.S. Armed Forces

While the benefits elections made during Open Enrollment each fall, or as a new hire, generally remain in effect until the end of the plan year, employees may make limited changes to benefits outside of Open Enrollment within 30 days of a Qualified Life Status Change.

• Medical/Dental/Vision Insurance: Change forms and supporting documentation must be submitted within 30 days of Qualified Life Status Change to LFRAHumanResources@LFRA.org.
• Flexible Spending Accounts: Account enrollment forms must be submitted within 30 days of the Qualified Life Status Change to LFRAHumanResources@LFRA.org.

Other considerations that may be changed anytime include:

• Supplemental Life Insurance
• Beneficiaries (Life and FPPA)
• UltiPro – Personal Information Changes