Updated Income Continuation Insurance (ICI) Premiums Effective February 1
Income Continuation Insurance (ICI) premiums are updated annually on February 1. Updated ICI premiums for University Staff (paid bi-weekly) will be reflected on the February 13, 2020 paycheck. Updated ICI premiums for Faculty/Academic Staff/Limited Appointees (paid monthly) will be reflected on the February 28, 2020 paycheck.
Visit the ICI Premium Notice web page for your personalized updated premium amount. Several factors determine your premium amount:
- For University Staff: the ICI premium is based on 2019 earnings reported to the Wisconsin Retirement System (WRS), sick leave balance/usage as of December 21, 2019 and current ICI category.
- For Faculty/Academic Staff/Limited Appointees: the ICI premium is based on 2019 WRS-reported earnings and the selected ICI elimination period.