Involuntary Termination Benefits
Continuation of Benefits
Three Month Health and Life Insurance Extension
Employees whose employment with WVU is being terminated involuntarily may be eligible for a three-month extension of their PEIA health and life insurance benefits (if applicable) at their current employee premium rate beyond their termination date. Employees who would like to opt into this extension of benefits must complete the "Involuntary Termination Benefits Form" linked in their separation letter by the date listed in the letter to be eligible for these benefits. Failure to complete and submit this form or otherwise contact Benefits Strategy may result in loss of continued health insurance.COBRA
Sick and Annual Leave
Annual Leave
Upon separation from WVU, employees have two options to receive payment for unused annual leave:
Option 1: Receive a lump sum payment of the salary value of any unused accrued annual leave. There is no 401(a) retirement contribution with this option.
Option 2: Remain on payroll beyond the last physical day of employment to exhaust the value of any remaining annual leave. This option does allow for retirement contributions into the employee's 401(a) account. Note that employees selecting this option are not eligible to receive additional leave accruals, holiday pay or any other type of paid leave during the exhaustion period.Sick Leave
Retirement Benefits
Mandatory 401(a) and Supplemental 403(b) and 457(b) Accounts
401(a) retirement account funds and any supplemental WVU retirement accounts are fully vested. Once the employee's last contribution is made to their retirement vendor by WVU, employees have several options for handling their account(s):
Option 1: Leave the account(s) alone. The funds in the 401(a) would continue to reflect market conditions based on account investments.
Option 2: Transfer funds to another retirement vendor.
Option 3: Request withdrawal of funds. Withdrawals may be subject to penalty.
Retirement Eligibility
Retiree Health Insurance
No Hardship Payment
Longevity Payment
Updating Contact Information
It is important that WVU maintains current address and phone information for exiting employees for important communications such as tax forms. Employees with active WVU credentials may log in to WVU Portal, select "MyHR", then click "Personal Information" to update phone numbers and home address. Employees without active WVU credentials or former employees must complete the Change of Address/Email Form or reach to WVU Shared Services at 304-293-6006 or SharedServices@mail.wvu.edu to update their contact information.
Pay Statements
Once an employee is fully removed from WVU payroll, they are no longer able to access pay statements or W-2 forms visa self-service. Employees who have not yet fully exited the WVU may access their pay statements online on the WVU Portal. Visit the Pay Statement Knowledge Base article for instructions. Ex-employees must reach out to WVU Payroll at Payroll@mail.wvu.edu to request copies of pay stubs or tax forms.