Benefits

Explore the benefits available – each section below explains what the benefit does and why it matters.

Core health coverage

Start here for the plans and accounts that help pay for everyday care, major medical needs, dental care, vision care, and other health-related expenses. These benefits are designed to make care more accessible while helping protect you from unexpected costs.

Medical Insurance

Medical insurance helps cover the cost of doctor visits, preventive care, prescriptions, and major medical events. It protects employees from high out‑of‑pocket expenses and ensures access to essential healthcare. Most plans include free preventive services to support long‑term wellness.

“One unexpected medical event can cost more than a year’s salary — insurance protects your health and your finances.”

Statistics

  • The average ER visit costs over $2,000 without insurance.
  • Preventive care reduces long‑term medical costs by up to 30%.
TRS‑ActiveCare Medical Insurance

TRS‑ActiveCare provides statewide medical coverage designed specifically for Texas school employees. Plans include access to large provider networks, predictable copays, and comprehensive coverage for preventive, primary, and specialty care. It offers stability, consistency, and competitive pricing across districts.

“Coverage designed for educators — stable, predictable, and built around your needs.”

Statistics

  • Over 440,000 Texas school employees and dependents are covered under TRS‑ActiveCare.
  • Preventive care is covered at 100% when using in‑network providers.
NMPSIA Medical Insurance

NMPSIA medical plans provide comprehensive healthcare coverage for New Mexico public school employees. Plans include preventive care, prescription benefits, and access to statewide and national provider networks. NMPSIA offers multiple plan options to meet different medical and financial needs.

“Reliable, educator‑focused medical coverage with strong networks and flexible plan options.”

Statistics

  • NMPSIA covers more than 60,000 public school employees and dependents.
  • Preventive care is covered at 100% in‑network.
Health Savings Accounts (HSAs)

An HSA is a tax‑advantaged savings account used to pay for medical, dental, and vision expenses. Funds roll over each year and belong to you even if you change jobs. HSAs offer triple tax savings: tax‑free contributions, tax‑free growth, and tax‑free withdrawals for eligible expenses.

“Save on taxes now, pay for healthcare tax‑free, and build long‑term financial security.”

Statistics

  • HSAs offer triple tax savings unmatched by any other account type.
  • The average HSA participant saves 20–30% on healthcare expenses through tax advantages.
Telehealth

Telehealth provides 24/7 access to doctors by phone or video for common medical issues. It offers fast, convenient care without the need for an in‑person visit. Telehealth is ideal for minor illnesses, prescription refills, and after‑hours care.

“Skip the waiting room — get care fast, convenient, and on your schedule.”

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Statistics

  • 70% of doctor visits can be handled through telehealth.
  • Telehealth visits cost up to 80% less than urgent care.
Hospital Indemnity Insurance

Hospital indemnity insurance pays a fixed cash benefit when you are admitted to the hospital. This money can be used for any expense — medical or non‑medical — giving you financial flexibility during a stressful time. It helps offset deductibles, copays, and lost income.

“Because one hospital stay can disrupt your finances — this puts cash in your hands when you need it.”

Statistics

  • The average hospital stay costs over $12,000.
  • Nearly 1 in 5 adults struggle to pay medical bills after a hospital visit.
Emergency Medical Transportation

Emergency medical transportation insurance covers the high cost of ambulance or air ambulance services. It ensures you won’t face thousands of dollars in unexpected bills after a medical emergency. Coverage applies whether you need ground or air transport.

“Emergency transport shouldn’t become a financial emergency — this benefit protects you from massive surprise bills.”

Statistics

  • Air ambulance rides average $30,000–$40,000.
  • Ground ambulance rides often cost $1,200–$2,500.
Dental PPO Plans

Dental PPO plans offer flexibility to visit any dentist, with lower costs when using in‑network providers. They cover preventive care, basic services, and major procedures. PPO plans are ideal for employees who want choice and broad coverage.

“Flexible, comprehensive dental coverage that keeps your smile — and your budget — healthy.”

Statistics

  • Every $1 spent on preventive dental care saves an estimated $50 in future dental costs.
  • Over 90% of common dental issues are preventable with routine cleanings.
Dental DHMO Plans

Dental DHMO plans offer low, predictable copays for dental services when using in‑network providers. They require selecting a primary dentist who coordinates all care. DHMOs are cost‑effective and ideal for employees who want budget‑friendly dental coverage.

“Affordable, predictable dental care that keeps your costs low and your coverage simple.”

Statistics

  • DHMO plans typically cost 20–40% less than PPO plans.
  • Most DHMO preventive services have a $0 copay.
Dental Discount Plans

Dental discount plans are not insurance but provide reduced rates on dental services through participating providers. Members pay a low monthly or annual fee and receive immediate discounts. These plans are ideal for employees seeking low‑cost access to dental care.

“Instant savings on dental care with no deductibles, no limits, and no waiting.”

Statistics

  • Discount plans can reduce dental costs by up to 60%.
  • Most plans activate immediately with no waiting period.
Dental (NMPSIA Plans)

NMPSIA dental plans provide comprehensive dental coverage for New Mexico public school employees. Plans include preventive care, basic services, and major procedures with strong in‑network discounts. Multiple plan options allow employees to choose the coverage level that fits their needs.

“Strong, educator‑focused dental coverage with multiple plan options and excellent preventive benefits.”

Statistics

  • Preventive dental care is covered at 100% in most NMPSIA plans.
  • Employees save significantly by using in‑network providers.
Vision Insurance

Vision insurance helps cover the cost of eye exams, glasses, and contact lenses. It also provides discounts on lens upgrades and specialty eyewear. Vision coverage supports both eye health and overall wellness.

“Clear vision, lower costs, and early detection of health issues — all in one benefit.”

Statistics

  • Over 75% of adults need vision correction.
  • Eye exams can detect more than 20 systemic health conditions.
Vision (NMPSIA Plans)

NMPSIA vision plans provide affordable access to eye exams, glasses, and contacts for New Mexico public school employees.

“Affordable, educator‑focused vision coverage that protects your eyesight and your budget.”

Plans include generous allowances and discounts on lens enhancements. Coverage supports both vision correction and preventive eye health.

Statistics

  • Most NMPSIA vision plans cover annual exams with a low copay.
  • Lens allowances help reduce out‑of‑pocket eyewear costs significantly.

Income and family protection

These benefits help provide financial support when illness, injury, loss, or other serious events affect your household. They can help replace income, provide cash during recovery, and add protection for the people who depend on you.

Employer‑Paid (Basic) Life Insurance

Employer‑paid life insurance provides a foundational level of financial protection at no cost to the employee. It pays a benefit to designated beneficiaries if the employee passes away, helping cover immediate expenses or long‑term financial needs. This benefit ensures every employee has a safety net in place.

“This is guaranteed, free financial protection for your family — no medical questions, no cost, and immediate peace of mind.”

Statistics

  • 40% of households would face financial hardship within one month of losing a primary wage earner.
  • Funeral and end‑of‑life costs average $8,000–$12,000.
Long‑Term Disability (LTD)

Long‑term disability insurance replaces a portion of your income if you are unable to work due to illness or injury. It provides financial stability during extended periods away from work. LTD helps protect your long‑term financial security.

“Your income is your most valuable asset — this protects it when you can’t work.”

Statistics

  • 1 in 4 workers will experience a disability lasting longer than 90 days.
  • The average long‑term disability claim lasts nearly 3 years.
Short‑Term Disability (STD)

Short‑term disability insurance provides income replacement for temporary illnesses, injuries, or childbirth. It helps cover essential expenses during short periods away from work. STD bridges the gap between sick leave and long‑term disability.

“Short‑term protection for life’s most common medical events — including maternity leave.”

Statistics

  • Most STD claims last 6–12 weeks.
  • Pregnancy is the number one reason for STD claims.
NMPSIA Disability

NMPSIA disability plans provide income protection for New Mexico public school employees who cannot work due to illness or injury. Coverage includes both short‑term and long‑term disability options. These plans help ensure financial stability during recovery.

“Reliable income protection designed specifically for New Mexico educators.”

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Statistics

  • 1 in 4 workers will experience a disability during their career.
  • Income protection is one of the most overlooked but essential benefits.
Educator Disability

Educator disability plans are tailored to the unique needs of teachers and school staff. They provide income replacement if you cannot work due to illness or injury, including conditions common in education. These plans help protect your financial stability.

“Protection designed for the realities of education — because your income deserves security.”

Statistics

  • Educators experience higher rates of stress‑related medical leave than many professions.
  • Income protection is one of the most valuable benefits for long‑term financial security.
Voluntary Term Life Insurance

Voluntary term life insurance allows employees to purchase additional life insurance beyond the employer‑paid basic amount. Coverage is affordable and can be customized based on family needs. Employees can also add coverage for spouses and children.

“Affordable, customizable protection that ensures your family is financially secure.”

Statistics

  • Nearly 50% of households say they would struggle financially within six months after losing a primary wage earner.
  • Term life insurance is one of the most affordable ways to protect your family’s financial future.
Permanent Life Insurance

Permanent life insurance provides lifelong coverage with a cash value component that grows over time. It can be used for future expenses, loans, or retirement planning. This benefit offers long‑term financial protection and savings in one plan.

“Lifelong protection plus a growing financial asset you can use when you need it.”

Statistics

  • Permanent life policies can accumulate thousands of dollars in tax‑deferred cash value.
  • Many families use permanent life insurance as part of long‑term financial planning.
Accidental Death & Dismemberment (AD&D) Insurance

AD&D insurance pays a benefit if you die or suffer a serious injury due to an accident. It provides additional financial protection beyond traditional life insurance. Coverage includes loss of limbs, eyesight, hearing, or paralysis.

“Extra protection for life’s unexpected accidents — affordable and essential.”

Statistics

  • Accidents are the third leading cause of death in the U.S.
  • AD&D coverage is typically one of the lowest‑cost supplemental benefits.
Cancer Insurance

Cancer insurance provides financial support if you are diagnosed with cancer. It pays cash benefits that can be used for treatment, travel, lost income, or household expenses. This coverage helps reduce the financial burden of a cancer diagnosis.

“Financial support when you need it most — so you can focus on healing, not bills.”

Statistics

  • 1 in 2 men and 1 in 3 women will face a cancer diagnosis in their lifetime.
  • Cancer treatment can cost tens of thousands of dollars even with insurance.
Accident Insurance

Accident insurance pays cash benefits for injuries resulting from accidents, such as fractures, sprains, or emergency room visits. It helps cover out‑of‑pocket costs like deductibles and copays. This benefit is ideal for active individuals and families.

“Affordable protection for life’s unexpected injuries — especially for active families.”

Statistics

  • More than 40 million ER visits each year are due to accidental injuries.
  • Accident insurance can reduce out‑of‑pocket costs by hundreds of dollars per incident.
Critical Illness Insurance

Critical illness insurance pays a lump‑sum benefit if you are diagnosed with a serious condition such as heart attack, stroke, or cancer. The cash can be used for medical or non‑medical expenses. This benefit provides financial stability during major health events.

“A financial safety net for life’s most serious medical events.”

Statistics

  • Heart disease and stroke account for more than 1 in 3 deaths in the U.S.
  • Critical illness costs can exceed $20,000 even with insurance.

Financial and everyday support

This section covers benefits that help with common financial pressures, from tax-advantaged spending accounts to legal support, identity protection, and retirement savings tools. These options can help you plan ahead and reduce out-of-pocket costs throughout the year.

Identity Theft Protection

Identity theft protection monitors your personal information and alerts you to suspicious activity. It includes recovery services and financial reimbursement for covered losses. This benefit helps safeguard your digital and financial identity.

“Protect your identity, your finances, and your peace of mind.”

Statistics

  • Identity theft affects more than 15 million Americans each year.
  • The average victim loses over $1,300 in out‑of‑pocket costs.
Legal Plans

Legal plans provide access to attorneys for common legal needs such as wills, contracts, real estate, and family matters. Members pay a low monthly cost instead of high hourly attorney fees. This benefit offers affordable, reliable legal support.

“Affordable access to legal help — without the high hourly fees.”

Statistics

  • Attorney fees average $250–$400 per hour.
  • Most adults need legal assistance at least once every three years.
Healthcare Flexible Spending Account (FSA)

A Healthcare FSA allows you to set aside pre‑tax dollars for medical, dental, and vision expenses. It reduces your taxable income and helps you save on out‑of‑pocket costs. Funds must be used within the plan year, with limited rollover depending on employer rules.

“Pay for healthcare with tax‑free dollars and keep more of your paycheck.”

Statistics

  • FSAs can save employees 20–30% on eligible expenses.
  • The average employee saves over $500 per year using an FSA.
Dependent Care FSA (DCAP)

A Dependent Care FSA allows you to use pre‑tax dollars for childcare or elder care expenses. It helps reduce the cost of daycare, after‑school programs, and adult day services. This benefit supports working families by lowering care‑related expenses.

“Lower your childcare or elder care costs with tax‑free dollars.”

Statistics

  • Childcare costs average $10,000–$15,000 per year per child.
  • Using a DCAP can save families up to 30% annually.
Financial Wellness — 403(b)

A 403(b) plan is a tax‑advantaged retirement savings plan for school district employees. Contributions grow tax‑deferred, helping employees build long‑term retirement savings. Many plans offer investment options tailored to educators.

“Build long‑term retirement savings with powerful tax advantages.”

Statistics

  • Tax‑deferred growth can significantly increase retirement savings over time.
  • Educators often rely on 403(b) plans as a primary retirement vehicle.
Financial Wellness — 457 Plan

A 457 plan is a retirement savings plan available to public sector employees. It allows tax‑deferred contributions and offers penalty‑free withdrawals upon separation from service. This flexibility makes it a strong complement to a 403(b).

“Flexible, penalty‑free retirement savings designed for public employees.”

Statistics

  • 457 plans allow penalty‑free withdrawals upon separation from service.
  • Many employees contribute to both a 403(b) and 457 to maximize savings.
Financial Wellness — IRA

An IRA is an individual retirement account that allows tax‑advantaged savings outside of employer plans. Employees can choose between Traditional and Roth IRAs depending on their tax strategy. IRAs offer broad investment options and long‑term growth potential.

“Flexible, tax‑advantaged savings you control — inside or outside your employer plan.”

Statistics

  • IRAs offer some of the broadest investment options available.
  • Millions of Americans use IRAs to supplement workplace retirement plans.
Financial Wellness — 401(k)

A 401(k) is a tax‑advantaged retirement plan commonly offered by private employers. Employees contribute pre‑tax dollars, and many employers offer matching contributions. This plan helps build long‑term retirement savings through tax‑deferred growth.

“Grow your retirement savings faster — especially if your employer offers a match.”

Statistics

  • Employer matching contributions can increase retirement savings by thousands per year.
  • Tax‑deferred growth accelerates long‑term wealth building.
Financial Wellness — Roth vs. Traditional

Roth and Traditional retirement accounts differ in how they are taxed. Traditional accounts offer tax‑deferred growth, while Roth accounts offer tax‑free withdrawals in retirement. Choosing the right option depends on whether you prefer tax savings now or later.

“Choose the tax strategy that fits your financial goals — save now or save later.”

Statistics

  • Roth accounts can provide tax‑free income in retirement.
  • Traditional accounts reduce taxable income today, increasing take‑home pay.

Retirement systems

Public education retirement systems provide long-term income and important protections tied to your years of service. Review these sections to understand how pension programs work and where to go for official plan details.

Teacher Retirement System of Texas (TRS)

The Teacher Retirement System of Texas (TRS) is a defined benefit pension plan that provides lifetime monthly income to eligible Texas public education employees. TRS combines employee contributions, employer contributions, and investment earnings to fund retirement benefits. Members also receive disability retirement protection and survivor benefits for their families. TRS is designed to reward long‑term service and provide financial security throughout retirement.

Eligibility Requirements

Employees working in a TRS‑covered position for at least 20 hours per week and paid at least the state minimum salary are automatically enrolled. Eligibility for retirement benefits is based on age and years of service credit. Most employees qualify for full retirement under Rule of 80 or at age 65 with at least five years of service.

General Contact Information

  • Website: www.trs.texas.gov
  • Phone: 1‑800‑223‑8778
  • Address: 1000 Red River St., Austin, TX 78701

“A guaranteed monthly pension for life — financial security you can count on.”

Statistics

  • TRS serves more than 1.9 million members statewide.
  • Over 450,000 retirees currently receive monthly TRS benefits.
New Mexico Educational Retirement Board (NMERB)

The New Mexico Educational Retirement Board (NMERB) administers a defined benefit pension plan for public school and higher‑education employees. Members earn service credit throughout their careers, which determines their lifetime monthly retirement benefit. NMERB also provides disability retirement and survivor benefits. The plan is designed to support long‑term financial security for New Mexico educators.

Eligibility Requirements

Employees working in a covered educational position automatically become members of NMERB. Retirement eligibility is based on age and years of service, with full retirement typically available under Rule of 75 or at age 67 with sufficient service credit. Members must have at least five years of service to qualify for most benefits.

General Contact Information

  • Website: www.nmerb.org
  • Phone: 1‑866‑691‑2345
  • Address: 701 Camino de los Marquez, Santa Fe, NM 87505

“A lifetime pension that rewards your service and protects your financial future.”

Statistics

  • NMERB serves more than 160,000 active and retired members.
  • The plan pays out over $1 billion in annual retirement benefits.
Florida Retirement System (FRS)

The Florida Retirement System (FRS) offers two retirement plan options for public employees: the Pension Plan (defined benefit) and the Investment Plan (defined contribution). Employees choose the plan that best fits their financial goals. The Pension Plan provides a guaranteed lifetime benefit, while the Investment Plan offers flexibility and portability. FRS also includes disability and survivor benefits for added protection.

Eligibility Requirements

Employees working in FRS‑covered positions are automatically enrolled and must choose between the Pension Plan and the Investment Plan within their first eight months of employment. Eligibility for retirement benefits depends on years of service and age, with full retirement typically available at age 65 or after 33 years of service. Disability and survivor benefits are available with minimal service requirements.

General Contact Information

  • Website: www.myfrs.com
  • Phone: 1‑866‑446‑9377
  • Address: 2639 N. Monroe St., Building C, Tallahassee, FL 32303

“Choose the retirement path that fits your goals — guaranteed income or investment flexibility.”

Statistics

  • FRS is one of the largest public retirement systems in the U.S., serving over 1 million members.
  • More than 500,000 retirees receive monthly FRS benefits.