Long-Term Care Insurance
Mutual of Omaha is now offering a new long term care insurance (LTCi) plan, called MutualCare Custom Solution. This is a voluntary, employee-pay-all plan. It is the only LTCi plan currently available for enrollment. Employees and annuitants who previously purchased a United of Omaha (through HealthChoice) or John Hancock (through Senior Care) long term care insurance plan are unaffected and may keep their LTCi coverage. Select HERE for more information.
University Personnel Systems (UPS) - On April 23, 2014 University of Wisconsin System received approval to begin implementation of new personnel systems for UW System and UW-Madison. These systems are required by legislation, implementation was originally scheduled for 2013, but later delayed until July 1, 2015. Read the full release here.
History: Two personnel systems were mandated in the 2011-13 biennial budget; one system for UW-Madison and one for the balance of the UW System. Both systems address staffing, compensation, training, performance management, diversity and legal compliance. Click here to read the UPS Project Team recommendations.
The UPS Task Force has provided information regarding development by UWSA of a website intended to provide regular updates on development, a list of frequently asked questions, and UPS committee notes and membership and feedback is now available. This website is at http://web.uwsa.edu/personnelsystems/. The link to the UPS website will also be listed at the My UW System portal for employee access.
Annual Evaluation Period - Permanent Classified Supervisors/Staff
It is the time of the year for supervisors to conduct annual performance evaluations for permanent classified staff. Wisconsin Administrative Code, ER45, requires that a formal performance evaluation review be conducted with each employee at least every 12 months. As per the State of Wisconsin Compensation Plan, classified employees must receive an evaluation and an overall rating of successfully meeting expectations or higher to be eligible to receive a 1% General Wage Adjustment effective June 29, 2014. Those employees who are rated below satisfactory (needs improvement/unsatisfactory) will not be eligible for the increase. Others who are not eligible for the increase include classified supervisors who do not complete evaluations for their staff and Crafts Worker employees.
Forward the original documents to Deb Schwab, 216 North Hall by Friday, June 6, 2014.
Tax-Sheltered Annuity 403b - The UW Tax-Sheltered Annuity (TSA) 403b plan has announced that there will be no administrative fee to participate in the TSA plan for 2014.
The UW TSA 403(b) Plan provides a low-cost way to save for retirement. All funds are no-load: there are no sales commissions or broker fees. There is no University fee. The UW TSA companies have no annual fees. Participants have access to funds with special low-cost share classes like Fidelity K Shares and TIAA-CREF Institutional share classes. For more information regarding the TSA plan visit the UWSA TSA website at: http://www.uwsa.edu/ohrwd/benefits/ret/tsa/.