Category: Payroll & Benefits
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Interim Policy on Extension of Carryover for Vacation, Personal Holiday and Compensatory Time through June 30, 2021
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The COVID-19 crisis has had a disruptive effect on employee schedules, including the ability to take planned time off. Some employees have vacation or personal holidays that must be used by June 30, 2020 or they risk forfeiting those benefits/paid time off entitlements. UW System has recently published SYS 1200- Interim 05, Vacation, Compensatory Time…
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WRS Webinars Offered in May
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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 their webinar page to learn more about any of the following sessions. 5 Basic Steps to Your Retirement https://attendee.gotowebinar.com/rt/1628435400789691150 Consider this webinar your…
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Health Savings Account and Flexible Spending Account Changes
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Pre-Tax Savings Accounts – HSA and Health Care FSA Eligible Expense Changes Eligible expenses for Health Savings Accounts (HSA) and Health Care Flexible Spending Accounts (FSA) were permanently changed by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to allow the following items to be reimbursed pre-tax: Over-the-counter (OTC) drugs and medicines not prescribed by a doctor (aspirin, cough medicine,…
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WRS Annual Statement of Benefits Available
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UW employees covered by the Wisconsin Retirement System (WRS) in 2019 can now view their January 1, 2020 WRS Annual Statement of Benefits on the MyUW portal. To access your statement, Log into your UW System portal. Launch the Benefit Information module (click Launch full app) and click on the Statements tab. Choose “ETF Annual…
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COVID-19 Related FMLA Expansion
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In accordance with SYS 1200-Interim 03, FMLA Expansion, additional paid family and medical leave for a qualifying need related to a public health emergency is provided. It also expands the eligibility criteria for this specific type of Emergency Family and Medical Leave in compliance with the provision of the Families First Coronavirus Response Act of…
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Updated COVID-19 Leave Policy & Reporting COVID-19 Leave
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In a recent update to SYS 1200-Interim 02, COVID-19 Leave Policy, up to 272 hours of COVID-19 leave (prorated by % FTE) may be made available to employees who cannot perform their assigned duties due to the COVID-19 pandemic for the period of March 16, 2020 (3/16/20) through May 1, 2020 (5/1/20). This emergency policy implements…
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Benefits Resources during the COVID-19 Pandemic
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Many UW System employees and their families are working through changes to their daily routines due to COVID-19. The Benefits During the COVID-19 Pandemic Chart provides a summary of benefit plan changes you may be able to make during the COVID-19 pandemic, as well as links to valuable pandemic-related resources.
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WRS Webinars Offered in April
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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 their webinar page to learn more about any of the following sessions. Beneficiary Designations – What Happens to My Account When I Die?…
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One-on-one Meetings with a TIAA Financial Consultant Available on April 1st
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One-on-one meetings with a TIAA Financial Consultant are available via phone on Wednesday, April 1st, but you do need to register ahead of time! You can register for a meeting with a TIAA financial consultant via phone. No matter where you are in life—just getting started or planning for retirement—a session with a TIAA financial…