Category: Payroll & Benefits
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Manage Your Unused Vacation Hours
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Eligible employees have an annual opportunity to bank unused vacation. University Staff also have the option to receive a cash payout or a combination of banking and a cash payout. Faculty, Academic Staff, and Limited Appointees with a 12-month appointment can bank unused vacation after completing ten or more fiscal years (July 1 through June 30) of…
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2024 Wisconsin Retirement System Statement of Benefits in the MyUW Portal
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2024 Wisconsin Retirement System (WRS) Statement of Benefits as of January 1, 2025, are now available for employees in the MyUW Portal. The statement includes 2024 earnings and service, retirement benefit projections (if vested), separation benefit, death benefit, and employee and employer contributions. View Your Statement Go to my.wisconsin.edu, click on the Benefits and Well-Being…
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Income Continuation Insurance: Premium Change and Annual Coverage Update
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Income Continuation Insurance Benefits Income Continuation Insurance provides replacement income if you become ill or injured and are unable to work due to disability. Benefits are based on 75 percent of your gross salary up to a maximum benefit of $7,500 per month (75 percent of $120,000). Benefit payments begin after you meet the elimination…
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State Group Life Insurance: Premium Change and Annual Coverage Update
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New State Group Life Insurance premium rates and coverage levels change effective April 1, 2025, and will be reflected on your April 3, 2025, paycheck. Premium Rates: Premium rates are increasing for most age categories. Premium rates for Spouse and Dependent coverage remain unchanged. Coverage Level: Coverage levels will be updated. How Your Premium Amount…
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HRS Extended Outage from 4:00 pm Friday, March 14 through 12:00 pm Sunday, March 16
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Employees will not have access to online timesheets, earnings statements, and other related documents and services during a UW Human Resources System (HRS) outage from approximately 4:00 p.m. on Friday, March 14 through 12:00 p.m. Sunday, March 16. The outage is due to HRS System maintenance. The following self-service features that employees access through the…
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Summer Prepay Insurance Premium Deductions
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Summer prepay insurance premiums are deducted from spring paychecks to cover the cost of continuing insurance coverage through the summer months (i.e. contract break) and are in addition to regular biweekly insurance premium deductions. Faculty, academic staff, limited appointees, student assistants, and employees-in-training will have summer prepay insurance premium deductions if: Their academic (9 month)…
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Reminder: March 31 Deadline To Submit 2024 Flexible Spending Account Claims
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To be reimbursed from your 2024 Health Care Flexible Spending Account (FSA), you must have eligible expenses from the 2024 calendar year. Submit and substantiate your eligible expenses by March 31, 2025. An FSA reimburses you for certain out-of-pocket expenses with tax-free dollars. Since these are spending accounts, the money should be spent. Eligible expenses include:…
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Get Free Income Tax Return Filing Assistance January – April 2025
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Looking for a cost-free E-filing solution for both federal and state taxes? Interested in mastering your own tax return? The Volunteer Income Tax Assistance (VITA) program provides FREE tax help from IRS-certified volunteers on campus. Options include: Full-service tax preparation for individuals with income up to $67,000. DIY E-filing support for individuals with income up…