Population: New or Prospective Non-Represented
Current News
Lipper replaces Morningstar as the provider of investment information for the Thrift and Savings Plans
To all PSEG Employees participating in Thrift and Tax-Deferred Savings or Employee Savings Plans (“401(k)”)
posted: 01-31 by: Carlo Amato
Archived News
Special enrollment period for Group Universal Life/Group Variable Universal Life (GUL/GVUL) Insurance Plan extended until Jan. 31
The Group Universal Life/Group Variable Universal Life (GUL/GVUL) Insurance Plan special enrollment period, which was scheduled to end today, Jan. 26, has been extended until Jan. 31.
posted: 01-26 by: Carlo Amato
Special enrollment period for Group Universal Life (GUL)
There will be a special enrollment period for Group Universal Life (GUL) insurance coverage between Jan. 10 and Jan. 26.
posted: 01-16 by: Carlo Amato
Important information about a recent mailing regarding a Dependent Eligibility Notice
You may have recently been mailed a “Dependent Eligibility Notice” regarding the certification of dependent eligibility for health care coverage for the upcoming calendar year. However, it has come to our attention that the letter may have caused confusio
posted: 08-18 by: Carlo Amato
Your Total Rewards Web site now updated
Your Total Rewards Web site now updated
posted: 06-16 by: Carlo Amato
Eligibility Audit for Dependents Coming this Summer
All PSEG medical and dental benefit plans are self-funded which means that your cost for premiums is a direct reflection of claims paid on behalf of PSEG employees and enrolled dependents.
posted: 04-08 by: Dick Quinn
Time to Plan for the Future
Strategic planning is important to PSEG and equally important to you. Your employee benefit plans can help, don't miss opportunities.
posted: 01-24 by: Benefits Update
Family Leave Insurance provisions of the New Jersey Temporary Disability Benefits Law
Beginning July 1, 2009 New Jersey Paid Family Leave Law provides up to six (6) weeks of paid Family Leave Insurance benefits to care for a newborn or newly adopted child(ren), or to care for a sick child, parent or spouse.
posted: 12-12 by: Benefits Update
IRS Limits for 2009
The IRS has announced the plan limits for pension plans and 401(k) plans for 2009
posted: 10-19 by: Benefits Update
PSEG’s Pension Fund Update
The Consequences of the 2008 Stock Market Sell-off
posted: 10-10 by: Benefits Update
Discover the Value-Employee Benefit Meetings
Learn how to get the most value from your employee benefit programs. You and your guest are invited to attend special evening sessions to help you make the right decisions for you.
posted: 10-08 by: Benefits Update
Is My Stable Value Fund Safe?
Attached to this News item is a series of questions and answers about the Stable Value Fund within our 401(k) plans.
posted: 10-08 by: Benefit Update
New Social Security Estimator
Social Security Administration now provides on-line estimates of your future Social Security benefit based on your actual earnings history.
posted: 07-23 by: Dick Quinn
New 401(k) Investment Options on the Way
What if you could invest in a fund within your 401(k) plan that was targeted to the year you plan to retire? New funds are on the way.
posted: 03-12 by: Dick Quinn
Taking the Mystery Out of Retirement Planning
The US Department of Labor has prepared a booklet to help Americans plan for retirement. The booklet is extremely helpful whether you are 5 years or 30 years from that happy day.
posted: 02-27 by: Dick Quinn
Share Your Views on Health Care: By January 18
We want to hear from you on a very important topic, health care.
posted: 01-06 by: Dick Quinn
Medco Prescription Refill Information
Additional information addressing prescription refills
posted: 12-21 by: Joann Duszczak
New 401 (k) Limit for 2008
The amount you can place in your 401 (k) plan on a pre-tax or post-tax basis has increased for 2008
posted: 12-20 by: Lawrence Robinson
Important Information About Your Prescription Coverage
By now you have received or will very shortly receive an information kit, including new ID cards, from Medco for your prescription drug benefit.
posted: 12-16 by: Dick Quinn
Watch Your Mail for Important Information About Wellness
PSEG is a leading Company when it comes to providing health and wellness services and those services are about to get better beginning in 2008
posted: 12-07 by: Dick Quinn
Save those numbers! HRA Coming In January
On or about January 14th the new Health Risk Assessment will be available for your use and will remain open for a month…so you will have plenty of time to enter your numbers and sit back and collect your $100.
posted: 11-28 by: Dick Quinn
Tamiflu and Children
Recent news reports highlighted reported issues with Tamiflu and children. Here are more facts from Dr Mack.
posted: 11-27 by: Dick Quinn
JFK and Muhlenberg hospitals terminate Horizon contract.
JFK and Muhlenberg hospitals terminate Horizon contract. Patients must be seen through December 31, 2007.
posted: 10-26 by: Dick Quinn
How We Determine Cost Sharing and Premiums
Some employees have asked why there are different premiums (payroll deductions) for different employees in what appear to be the same health benefit plans.
posted: 10-22 by: Dick Quinn
Run the Numbers
Don't assume thaat the health plan you have today will be the best deal in the future. Take a hard look at both your premium costs and your potential out of pocket costs.
posted: 10-17 by: Dick Quinn
Benefit Plan Changes January 1, 2008
We have looked at the structure of our employee benefits program and asked ourselves, what can we do to make PSEG more attractive as an employer.
posted: 10-10 by: Dick Quinn
A Home Improvement Idea You Can Use
I am not the sharpest tack in the box, but I am smart enough to use a Health Care Reimbursement Account each year since it has been available and I have never forfeited a penny.
posted: 10-05 by: Dick Quinn
Save Money with Soap and Water - Wash Those Hands
According to the Centers for Disease Control and Prevention, the single most important thing we can all do to keep from getting infectious diseases and spreading them to others is to clean our hands
posted: 09-22 by: Dick Quinn
Sub-prime mortgages and the Thrift and Savings Plans
PSEG’s Thrift and Savings Plans have a modest exposure to sub-prime mortgages in the Stable Value Fund. However, the Thrift and Savings Plans portfolio is currently well positioned. PLEASE READ THIS NEWS ITEM IN FULL.
posted: 08-19 by: Dick Quinn
PSEG’s Tamiflu stock authentic
PSEG’s Tamiflu stock authentic
posted: 08-01 by: Kathleen Kostecki
401(k) Plan Fees
Recently there has been a great deal of publicity about 401(k) fees and we wanted you to know that PSEG works hard to minimize the fees in our plans.
posted: 04-18 by: Dick Quinn
When things go wrong
Claim and other problems do occur but there is always help.
posted: 04-18 by: Dick Quinn
Physician and Hospital Quality
New tool added to Your Benefits Resources to help you find and evalaute a physician and hospital.
posted: 04-10 by: Dick Quinn
Medical care exacts painful toll on retirees
For the average 65-year-old couple retiring today, health-care expenses over the next 20 years are likely to total about $215,000, according to a recent estimate by Fidelity Investments.
posted: 04-09 by: Dick Quinn
Why My Grandmother's Hospital Bill Is Important to You
In 1932 my grandmother was in the hopital to have a baby, my uncle to be precise. I have her hospital bill and what it says is important for you to know.
posted: 03-05 by: Dick Quinn
Why you may need life insurance.
Life insurance can provide a lot more than just coverage for end of life expenses? Do you have sufficient life insurance to meet your goals?
posted: 02-27 by: Dick Quinn
PSEG Rolls Out Its Pandemic Influenza Plan
PSEG has developed a comprehensive Pandemic Influenza Plan, including the Tamiflu Dissemination Program, to educate and protect our workers and their families, enabling us to continue to run our businesses in the event of a pandemic.
posted: 02-16 by: Dr. Mack
Eating can be healthy!
What to eat for health? There are ten best foods to enjoy.
posted: 02-14 by: Dick Quinn
New 401(k) Limits for 2007
The amount you can place in your 401(k) plan on a pre-tax or post-tax basis has increased for 2007.
posted: 11-22 by: Dick Quinn
Are You Throwing Money Away?
Think about it, how many people don’t have at least $100 in health or dental costs they pay out of pocket.
posted: 10-25 by: Dick Quinn
Health benefit costs are going up, yet again.
Our claims experience and a slightly increasing percentage of the total premium paid by employees are causing some significant increases in the payroll deduction amounts for 2007.
posted: 08-25 by: Dick Quinn
Did Ben Hogan plan for his retirement?
Old Ben was a real winner and made a lot of money, well sort of. His career tournament winnings were $332,516, no doubt big money back then. In 1959 the average income for families was $5,400 and for individuals it was $2,600.
posted: 08-07 by: Dick Quinn
Plavix Generic on The Way
Your prescription drug benefit provides financial incentives for the use of genric drugs. It pays to keep up on new developments.
posted: 08-07 by: Dick Quinn
Are you taking full advantage of the Roth 401(k)?
Have you thought about the implications of tax-free income in retirement?
posted: 08-04 by: Dick Quinn
The Struggle with Health Care Costs Continues
Americans--employed or retired--should expect to pay more for medical care, according to two new studies.
posted: 07-06 by: Dick Quinn
Many Households Are at Risk In Their Retirement Finances
A new measurement of Americans' finances shows that almost half of working-age households are at risk of being unable to maintain their standard of living in retirement.
posted: 06-06 by: Dick Quinn
Participate in your pharmacy choices
It is not possible for your doctor to be aware of all the options you have or of the cost of the drugs you are taking so it just makes sense for you to be actively involved.
posted: 05-15 by: Dick Quinn
Taking stock of your 401(k) Plan - Shock and Awe
I've been looking at the numbers and they are not good. View some observations on how to get more from your 401(k) plan.
posted: 05-03 by: Dick Quinn
What's A Guy Like Biff To do?
How important is your Thrift or Savings Plan in your retirement planning and future retirement income? Plenty important, learn more about what “Biff” should do to get his retirement plan on track.
posted: 01-19 by: Dick Quinn
Caremark ID Cards Update
We have just been informed that Caremark has not yet finished the conversion to recognize employee ID numbers in their system.
posted: 01-06 by: Dick Quinn
Your Preferred Drug List
You and your health benefits plan will save money if you use a preferred drug (sometimes called a formulary drug). These brand drugs are avaiable in many drug classes. Review the attached list.
posted: 01-05 by: Dick Quinn