PENSION AND BENEFITS
part of the Finance Department in the City the Pension & Benefits office
provides administration and guidance for employees and retirees who are covered
by City benefit plans. Retirement plans include a 401(a) Money Purchase Plan,
the Waterbury Retirement System which is a defined benefit plan, a 403(b) plan
for Department of Education employees and a 457(b) Deferred Compensation Plan.
Welfare benefits include medical, health & wellness benefits, dental,
pharmacy, life insurance, AD&D, a Section 125 flexible spending account,
dependent care account (daycare), as well as a comprehensive Employee
Assistance Program. There are also voluntary supplemental benefits available.
We currently cover over 11,000 active employees, family members and retirees
under City programs.
In an effort to improve your access to information and forms, we have included much of what you need below.
Current News & Events
FSA Open Enrollment
Duration: November 1, 2017 - November 30, 2017
Effective: January 1, 2018 - December 31, 2018
How to enroll: www.benstrat.com
Click HERE for Online Enrollment Instructions
FSA Healthcare (HCA) and Dependent Care (DCA) is an annual program the City offers to its employees to help assist with healthcare and dependent care expenses. Click HERE for the brochure. Your election is pro-rated through the amount of paychecks you receive and deducted on a pre-tax basis.
This election is used for out-of-pocket healthcare and/or dependent care expenses. For eligible HCA Expenses, click HERE. For eligible DCA expenses, click HERE.
Participants save approximately $27 in taxes for every $100 they set aside in an FSA.
Annual Creditable Coverage Notice
Individuals that are eligible for Medicare and have prescription drug coverage through the City should receive a Creditable Coverage Notice. This notice is required to go out each year.
Creditable Coverage Notice 2017
Forms, Documents, & Links
Listing files in 'Department Materials'
Pension & Benefits Manager
City Hall Building
235 Grand Street, 2nd floor
Waterbury, CT 06702
Phone: (203) 574-6844
Fax: (203) 346-2685
Cindy Van Deursen
Administrative Associate III