Capitan Municipal Schools
Welcome to Your Capitan Municipal Schools Benefits Portal
Capitan Municipal Schools is pleased to offer our employees a wide variety of benefits to suit your needs. The information found within this web site is designed to assist you in making important decisions regarding your benefits and provide you with important contact information.
BIS has been chosen by Capitan Municipal Schools to implement our Cafeteria Plan as established by Section 125 of the Internal Revenue Code. Participation in the plan is voluntary.
View Online Enrollment Guide above then click the Online Enrollment Link below to complete your benefit enrollment.
Please Note the Company Identifier for registration is Capitan
Educator Disability / Income Protection
- Program is designed to replace your income in the event of a non‐occupational accident or illness that prevents you from working.
- Benefits are not taxed.
- Pays in addition to your sick leave and benefits are paid seven days per week, twelve months of the year
- Maternity is covered as any other illness.
- You have the option of four waiting periods before benefits begin giving you the option to choose when your benefits will start
- Benefits are to social security retirement age for an accident and up to five years for disabilities due to an illness.
Benefit Information Video
Benefits & Forms
Benefit Description
Disability Telephone Claim Instructions
Certificates of Coverage
Permanent Life Insurance
- Permanent Life Insurance can be an ideal compliment to term life insurance your employer might provide. Designed to be in force when you die, this voluntary coverage is yours to keep, even when you change jobs or retire, so long as you continue to pay the necessary premiums.
- With one of the highest death benefits available at the worksite, PureLife gives your loved ones peace of mind knowing there will be significant life insurance in force if you die prematurely
- Enjoy the assurance of a policy that has a guaranteed death benefit to age 121 and level premiums that guarantees coverage for a significant period of time.
Benefits & Forms
Accident
Accident Insurance provides features that include:
Portability through Continued Insurance with Premium Payment which gives employees the ability to keep their existing coverage when their employment status with the employer changes.
No coordination with other insurance benefits
Employees are paid a lump-sum benefit that they can use as they feel necessary
Benefits & Forms
Benefit Description
How to File a Claim
MetLife MyBenefit Registration
Product Videos:
On Demand Presentations:
403(b) & 457 Retirement Plans
- Contributions are deposited tax deferred, and also reduce your reportable income.
- All earnings on accounts are also tax deferred. You pay taxes only on the amount withdrawn during a calendar year.
- Multiple investment choices are available, including managed accounts, mutual funds and fixed interest accounts.
- Dollars can be transferred to state retirement to purchase past service credit.
- Additional Tax Credits available for wage earners of $50,000 or less to encourage putting additional money aside for retirement.
- 403(b) ‐ Can take distributions at age 59‐1/2. 10% Tax Penalty on distributions made prior to age 59‐1/2.
- 457 ‐ Cannot take distributions until separation of service. Distributions are not subject to 10% premature penalty at any age.
Benefits & Forms
403(b) Benefit Description
457 Benefit Description
NBS Link (TPA)
