division of human resources welcomes you! jaffus hardrick, ed.d. vice president, human resources...
TRANSCRIPT
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Division of Human Resources
Welcomes You!Jaffus Hardrick, Ed.D.Vice President, Human ResourcesVice Provost for Student Access & Success
El pagnier K. HudsonAssistant Vice President, Human Resources
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Payroll Essentials
Presented by:
Idorys Calvo, Director
Payroll
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MyFIU – Main Menum.fiu.edu
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9 over 12 month Deferred Earnings Program (DEP)
• Available for all 9 month Faculty• Enrolled on 1st Pay Period of Fall Semester
• Deadline August 25, 2015
• First Deferral on 09/04/2015 Paycheck• 19 Deferrals to cover 6 Paychecks in the Summer
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BENEFITS ADMINISTRATION
New Facult
y
Understand your future goals
Review your
choices
Customize your
package
Meet your
deadlines
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Benefits Options
14
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Health Insurance Marketplace• Health care law requires most U.S. citizens to have health
insurance coverage as of January 1, 2014; or potentially pay a tax penalty for noncompliance
Patient Protection
Affordable Care Act
• One stop shop to find quality health coverage • Through the Marketplace website you can purchase
private health insurance
Health Exchange Options
HealthCare.gov
• No pre-existing condition exclusions, regardless of age• No annual dollar limit on essential health benefits • Preventative Health Services at no cost• Extension of coverage to adult children
Health Insurance
Design
• Employers are required to offer affordable coverage that meets minimum standards to full-time employees (average 30 or more hours per week)
• Employer On Record: State of Florida, Division of State Group Insurance
Employer MandatemyFlorida.com/
myBenefits
1-866-663-4735
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STATE-SPONSORED PLANS THROUGH PEOPLE FIRST (PF)
• Medical (Health Insurance)• Prescription Drug Plans • Dental Insurance • Vision Insurance• Tax-Favored Accounts• State Life Insurance Plans• Other Supplemental PlansFor more information please visit mybenefits.myflorida.com
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Enrollment Details• Welcome New Hire Package from People
First• Package not received? Contact 305-348-
2181• Coverage effective: First of the month
following enrollment and payment received
• Required Social Security Number and Date of Birth for all Eligible dependents• Premium Payment: one month in advance
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State Retirement Plans
18
FRS
Two (2) plans to choose from
FRS Investment Plan or
FRS Pension Plan
ORP
Five (5) providers to choose from
AXA, MetLife, TIAA-CREF,
Valic & VOYA
State RetirementEmployee Mandatory 3%
For more information please visit http://hr.fiu.edu
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Elective Deferrals
403b
10 providers to choose from
IRS LimitUnder 50 yrs. old:
$18,000Over 50 yrs. old:
$24,000Fidelity, ING Reliastar,
Jeffereson National, MetLife, Symetra, TIAA-
CREF, T. Rowe Price, Valic,
Vanguard, VOYA
4576 providers
through Florida Deferred
CompensationIRS Limit Under 50 yrs. old:
$18,000Over 50 yrs. old:
$24,000Charles Schwab, Great West,
ING, Nationwide, T. Rowe Price & Valic
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Workers’ Compensation• Report to Supervisor • Emergency transportation CALL
Public Safety at (305) 348-5911• Go to the nearest emergency room
Medical Emergency
• Report to Supervisor• Complete Injury Report Online
Non Emergency
• Mary Cruz• 305-348-7960 or 305-348-2181• [email protected]
Workers’ Compensation
Assistant
• Emergency Contact: 1-800-455-2079 AmeriSys
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Enrollment Deadlines
21
State Benefits
60 days
FIU Benefits
90 days
State Retirement
90 days
# of calendar days from the date of hire
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Deferred Earnings Program 9 over 12 month
22
Division of Human Resources
• 9 month salary spread over 12-month pay includes benefits deductions
How Does it Work
• Panther Soft Employee Self-Service
• Employee Resources/Employee Forms/Payroll Forms/Deferred Earnings Program
How To Enroll
• Begins on Monday, April 06, 2015
• Ends on Monday, August 24, 2015
Enrollment Period
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Contacts:
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Division of Human Resources
• 1-866-663-4735• www.peoplefirst.myflorida.co
m
People First
• 1-866-446-9377; MyFRS.com; or
• SUS Optional Retirement Program www.dms.myflorida.com
Retirement
• 305-348-2181• [email protected]
Human Resources
Service Center