SLC Virtual Financial Fair
Welcome to the 3rd quarter of SLC360! During this quarter we will focus on Financial Wellness. Last year we gathered together for a Financial Fair. This year, since we cannot gather in person, we decided to go virtual. The 2021 SLC360 Financial Health Fair will be hosting virtual presentations from our different financial vendors. These presentations are available to all SLC employees and their families. If you have questions about the event please contact Trent.Steele@slcgov.com.
The Financial Wellness Fair will take place from March 1-5
Our financial experts can assist with a wide range of issues.
Talk to us about:
- Retirement planning, taxes
- Relocation, mortgages, insurance
- Budgeting, debt, bankruptcy and more
Contact the EAP:
- Public Employees: 855-823-5389 Company ID: SLC
- SLCStrong: 844-206-4097 Company ID: SLCPS
NFP Resources:
One on one consultations with NFP financial advisors: https://go.oncehub.com/SaltLakeCity
Retirement:
- Health Savings Accounts: Health Savings Accounts (or HSAs) have grown in popularity as a way to save for healthcare costs. However, many people are still unfamiliar with how to use HSAs and the benefits associated with them.
- Planning For Retirement: Research shows that many people don’t have enough saved for retirement – you may be in this position, but it’s not too late to start saving! Learn more about the importance of saving now to help you afford your living expenses after retirement.
- Reverse mortgages: If you’re nearing retirement and own your home — or if you’re looking for creative ways to supplement your income — a reverse mortgage may be worth considering. Learn the pros and cons of a reverse mortgage before you make a decision.
- When to Collect Social Security: Even if you have a savings plan in place, Social Security can be an important source of future income. Learn more about Social Security and how you might plan to use it to support your living expenses in retirement.
Saving:
- Budgeting for Families: Understanding how to set a family budget doesn’t have to be intimidating – learning how to save, spend and plan for life events can put you on the path to financial well‐being. Learn more about how you can create budgeting solutions for you and your family.
- Building emergency savings: It’s important to make sure you’re prepared for unexpected situations. Learn more about how you can build a savings account dedicated to dealing with emergency circumstances, such as healthcare, costly repairs and loss of income.
- Buying a home: Everyone’s journey to homeownership is different, but there are some common things every homebuyer should prepare for before they jump in.
- Certificates of deposit: Certificates of deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk — and you earn guaranteed interest in return. Learn more about what is involved in opening a CD to decide if this saving tool is right for you.
- Checking accounts: A checking account can be an important tool to help you meet your financial goals. Learn the basic features of checking accounts, including how to select, open, and use a checking account, understanding the fees associated with checking accounts, and how to keep your checking account secure.
- Creating a budget: Only about one-third of Americans create and maintain a budget* — are you one of them? A budget can help you stay on top of your finances by helping you plan where your money will go instead of wondering where it went. *Source: Gallup poll telephone interviews conducted with 1,012 adults; April 11-14, 2013.
- Debt management: Approximately 80% of Americans are in debt,* and that includes examples like credit cards, student loans and mortgages. Learn how to make a plan to manage your debt, with insights around determining how much debt is too much, how to calculate your debt-to-income ratio and explore different strategies to help pay down your debt. *Source: Nitro College study of 1,000 Americans; 2019.
- Family conversations about money: Money can be a difficult thing to talk about. But having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.
- Health Savings Accounts: Health Savings Accounts (or HSAs) have grown in popularity as a way to save for healthcare costs. However, many people are still unfamiliar with how to use HSAs and the benefits associated with them.
- Mobile and online banking: Learn how you can make money management a part of your everyday routine, right from your phone or computer.
- Paying for college: It may seem like the cost of college is out of reach. But with a little bit of research, planning and saving, you can figure out how to pay for the college education you’ve always wanted for yourself or your children.
- Savings accounts: You have a lot of choices when it comes to savings accounts. We can help you narrow down the list so you can maximize your money.
Investments:
- Investment property: If you’ve seen any TV shows about house flipping, you may be familiar with the concept of investment properties. Have you considered if property investment is right for you? Learn the fundamentals in this brief guide.
- Family conversations about money: Money can be a difficult thing to talk about. But having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.
Mental Health Fair Information
View the event flyer here.
Virtual Mental Health Fair Webinars
If you are unable to attend a live session, recorded webinars will be available at a later date.
What is mental health?
Mental health includes our emotional, psychological and social well-being. It affects how we think, feel and act and helps determine how we handle stress, relate to others and make healthy choices. Although the terms are often used interchangeably, poor mental health and mental illness are not the same thing. A person can experience poor mental health and not be diagnosed with a mental illness.
More than 50% of people will be diagnosed with a mental illness or disorder at some point in their lifetime.
- 1 in 5 Americans will experience a mental illness in a given year.
- 1 in 5 children, either currently or at some point during their life, have had a seriously debilitating mental illness.
Taking the time to address your mental health in very important. A first step a City employee can make is reaching out to our Employee Assistance Program (EAP), ComPsych.
ComPsych is here to help City employees with anything going on in their lives or family. This includes spouses and children up to the age of 26, or an Adult Designee. There is no sign-up required, no cost for the program and it is entirely confidential.
The Primary benefit offered by ComPsych is up to 10 (15 for SLC Strong participants) face-to-face or virtual counseling sessions free of charge, per event per year. An event is any relationship or personal issue causing stress to you and family.
Video Program Overview:
ComPsych® GuidanceResources® program offers someone to talk to and resources to consult whenever and wherever you need them. For more information, visit their website here, or call the numbers below.
Public Employees 1-855-823-5389 Company ID: SLC
SLC Strong 1-844-206-4097 Company ID: SLCPS
COVID and Working from Home
The COVID-19 pandemic presents a range of challenges and stressors in our personal and professional lives. ComPsych trainers have designed a series of webinars to offer guidance and best practices to help you navigate the unique situations that many people will encounter over the coming months.
COVID-19 Webinar Resources:
- Pandemic Anxiety as Kids Return to School
- Navigating Your Work From Home Transition
- Coping with Uncertainty About COVID-19
- How Emotions Impact Eating During a Crisis
- Managing Worry & Anxiety Amid COVID-19
- Tools to Handle COVID-19-Related Stress
- Self-Isolating Together During the Pandemic
- Being an Effective Manager During COVID-19
Additional Mental Health Resources
- Self-assurance
- Back to School COVID-19 Resources
- Physical Fitness
- World Mental Health Day
- World Suicide Prevention
PEHP Mental Health Resources
Preauthorization Not Required
For outpatient services
- Psychiatrists
- Licensed Clinical Social Workers (LCSWs)
Preauthorization Required for
- Inpatient (for short term stabilization)
- Intensive Outpatient Program (IOP)
- Residential Treatment
- Day Treatment
Examples of Disorders covered
- ADD/ADHD
- Anxiety
- Cognitive
- Eating
- Impulse-Control
- Mood
- Personality
- Substance Abuse
Residential Treatment Center (RTC)
- Covered In-network ONLY
- Up to 30 days per plan year
- Pre-Auth required
- ER used for urgent admits
PTSD diagnosis
- IAFF Centers of Excellence (fire only)
- Salt Lake Behavioral Network (all employees eligible)
Finding Providers
- Provider Directory at www.pehp.org
- PEHP Health Benefit Advisors 801-366-7555 or 800-765-7347
- Nurses & Case Managers can help coordinate care
- Residential Treatment and PTSD Provider Summary
Who can I call in crisis?
Call 911
Emergency Hotline Numbers
- UNI Crisis Line (Mobile outreach team) 801-587-3000
- Salt Lake County Crisis Line 800-587-3000 or text LISTEN to 741741
- Mental Health America Hotline Text MHA to 741741
- National Suicide Prevention Lifeline 800-273-TALK or Text HOME to 741741
- USA National Suicide Hotlines 800-SUICIDE
- SAMHSA National Helpline 800-662-HELP
- Crisis Text Line Text CONNECT to 741741
Live On Utah:
Live On is a statewide effort to prevent suicide by promoting education, providing resources and changing our culture around suicide and mental health. Together we can get through, reach out, lift up, look ahead and Live On.
Need help? Call the Lifeline. 1.800.273.8255 Speak to a Licensed Clinician Anonymous, Free and Local.
Benefits and Wellness
EAP: Counseling, Legal, Financial Support and more
Resources and information for personal or work-life issues.
SLC Strong EAP for Public Safety Officers
SLC’s dedicated employee assistance program for Public Safety Officers.
Dependent Care Flex Account
Information on how to save money with Dependent Care Flex Spending Account.
Accident, Illness or Hospital Indemnity Policies
Information on optional supplemental income protections.
COBRA Continuation Coverage
Your health benefits end when you no longer work for the City. Learn how you can continue your coverage with COBRA.
