Category: Payroll & Benefits

Now is the time to make sure your address information is up-to-date for tax form distribution (such as the W-2 Form). Review and update your address as soon as possible. Your 2020 W-2 Form will be mailed to the first available address on record in the following order: mailing, home or office address. Note: Active…

For UW employees who are paid on the 1st of each month, the monthly pay date for December 2020 earnings is Monday, January 4, 2021. January 4 is the pay date because January 1 (New Year’s Day) is a Federal Reserve holiday. When a pay date falls on a weekend or Federal Reserve holiday, the…

*The following information is specific to employees in the “University Staff” employment classification, and does not apply to employees in the “Academic Staff”, “Faculty” or “Limited” employment classifications.* Eligible University Staff employees have an annual opportunity to bank and/or request a pay out of their unused vacation. All banking or pay out requests must be submitted by December 31, 2020. Personal and…

Employee Assistance Program (EAP) vendor FEI will be offering a webinar to all UW-Green Bay employees. Most working parents were already juggling a lot before the pandemic. Now many are supervising at-home learning while still trying to stay connected with customers and colleagues. Even those employees without children are finding it challenging to strike the…

The Health Care Flexible Spending Account (FSA) and Limited Purpose FSA allow participants to pay certain out-of-pocket expenses with tax-free dollars. Since these are spending accounts, the money is intended to be spent. This article is a reminder for participants to use their FSA money and to substantiate claims timely. Remember, eligible expenses include: •Medical…

The IRS recently announced the 2021 contribution limits for the UW Tax-Sheltered Annuity (TSA) 403(b) Program and the Wisconsin Deferred Compensation (WDC) 457 Program. Both contribution limits will remain the same as 2020 limits. In 2021, employees may contribute a basic maximum of $19,500 to the TSA Program. Employees age 50 and over can contribute…

The University Insurance Association (UIA) Life Insurance annual premium of $24.00 will be deducted from October monthly earnings, paid October 30, 2020. Participation in the UIA Life Insurance plan is a condition of employment for UW System Faculty/Academic Staff/Limited Appointment (FA/AS/LI) employees. Additionally, eligible employees must meet the minimum monthly salary threshold which is $2,822…

Interim President Thompson recently approved the interim policy action SYS 1200-06, Interim: University Staff Vacation and Personal Holiday Carryover, in which University Staff may carryover unused 2020 vacation carryover and personal holiday hours into 2021: Any personal holiday hours earned in calendar year 2020 by university staff may be carried over, without limitation, into calendar…

ETF is offering a series of 30-minute, live, interactive webinars designed to increase your understanding of Wisconsin Retirement System benefits. Individuals can also ask questions at the end of these sessions. Visit ETF’s webinar page to learn more about any of the following sessions. 5 Basic Steps to Your Retirement Thinking about retiring in the…