Month: April 2010

Furlough Information for Classified and LTE Employees

IMPORTANT FURLOUGH INFORMATION FOR CLASSIFIED AND LTE EMPLOYEES:

  • Required furlough hours must be taken by June 19, 2010.  If you plan to use furlough time during the pay period ending June 19, 2010, it is very important that you submit your timesheet no later than Monday, June 21st to ensure your furlough time is properly recorded in the payroll system before the start of the 2010-2011 fiscal year.
  • UW-Green Bay has designated Friday, May 28, 2010 as a fixed-furlough day; employees who will not be taking the mandatory furlough day will need to select an alternative furlough day.
  • Employees can review their furlough balances on the bottom of their earnings statements.  The remaining furlough hours listed on your earnings statement includes the mandatory fixed furlough day on Friday, May 28, 2010.
  • Employees are encouraged to utilize remaining furlough time as soon as practicable.
  • Any remaining furlough balances cannot be carried over into the 2010-2011 fiscal year.
  • The percent reduction for all non-exempt (hourly) classified staff will be 3.065% in the 2010-2011 fiscal year since there will be 26 pay periods available.
  • Limited Term Employees (LTE’s) will be required to reduce their hours worked by 3.065% for the 2010-2011 fiscal year.

Please visit our furlough information page or contact Human Resources if you have any questions.

Furlough Reporting and Leave Reports for Unclassified Staff

YEAR END FURLOUGH REPORTING

 12-Month Unclassified Staff

* Required 2009-10 furlough time off (FTO) must be taken and reported no later than June 30, 2010.  In order to have the salary reduction in the 2009-10 fiscal year, FTO must be entered in the payroll system before June 23, 2010.

* June Furlough Time reports will need to be completed and returned to Payroll by June 14, 2010 to meet the June 23, 2010 deadline.

* For those whose pay is reduced as FTO is used, both the May and June FTO will be deducted on the paycheck payable July 1, 2010.

* One mandatory furlough day remaining for the 2009-10 fiscal year – Friday, May, 28, 2010

9-Month Unclassified Staff

* Earned 2009-10 furlough time off (FTO) must be taken and reported no later than May 23, 2010.  In order to have the salary reduction in the 2009-10 fiscal year, FTO must be entered in the payroll system before May 25, 2010.

* May FTO will need to be reported on your May Leave Report and returned to Payroll by May 14, 2010 to meet the May 25, 2010 deadline.

DISTRIBUTION OF FUTURE LEAVE REPORTS FOR UNCLASSIFIED STAFF

The distribution of leave reports will be modified so they are in sequence with the furlough reports.  As a result, on April 29, 2010, unclassified staff will receive their April and May Leave Reports.   Thereafter, for 12 month unclassified staff, the distribution for both the leave and furlough reports will be for the same month.

Please visit our furlough information page or contact Human Resources if you have any questions.

Socially Responsible Investing Video Conference

presented by Scott J. Budde, TIAA-CREF

Find out about Socially Responsible Investing via interactive video.  This is a great opportunity to learn about SRI from an expert – someone who actually manages these funds.  It is free and open to all UW employees and their families.  (Feel free to bring a bag lunch!)

When:             Thursday, May 6, 2010 at 11:00 a.m. to Noon

Where:           Instructional Services, Room 1034

The presentation will focus on understanding the three main Socially Responsible Investing strategies of Social Screening, Community or Pro-Active Investing, and Corporate Governance.  Investors can get both competitive investment returns and positive impact at the same time.

Mr. Budde is the author of Compelling Returns: A Practical Guide to Socially Responsible Investing Strategies published by Wiley and Sons of New York City.  As Managing Director of the Asset Management Division, Mr. Budde heads TIAA-CREF’s Global Social and Community Investing Department which is responsible for the organization’s community investing programs and overseeing its socially screened funds.

Please e-mail benefits@uwgb.edu or call 465-2390 if you have any questions.

Preparing for Retirement Presentation

by Humana Insurance 

 
You are invited to bring a bag lunch and learn about preparing for retirement.  Larry Moldenhauer and Bill Cooper from Humana Insurance will present information on following topics:

·         Prescription drug plan options
·         What insurance options the market offers
·         Explanation of retirement-related terminology
·         Medicare

Larry and Bill will also be available for one-on-one questions after their presentation.

When:             Monday, April 26, 2010, Noon – 1:00 pm

Where:           Phoenix Room B, University Union                    

Please e-mail benefits@uwgb.edu or call 465-2390 if you have any questions.