Payroll & Benefits – Page 63

IMPORTANT — FSA WageWorks to TASC Transition Complete– See 3/6/15 DEADLINE NOTE

Attention Employees Participating with Flexible Spending Accounts with WageWorks/TASC

The UW Service Center has confirmed with TASC that all 2014 carryover balances have been loaded to employees TASC accounts. Thank you all for being patient through this transition.

A few things to note:

Participants should have received an email from TASC letting them know that their 2014 funds are now available. However:

If you have 2014 rollover funds but did not enroll for 2015, you will or should have received a Welcome Letter in the mail. You will not be able to log online to your MyTASC account until you receive this letter which will have your personal TASC ID# on it. You will need to contact TASC’s customer service (1-800-422-4661) to update your profile with your e-mail address. Once this has been updated, you should be able to register for an account online at tasconline.com. Employees who have 2015 funds with TASC should already have their TASC debit card which has their TASC ID# on it.

TASC will automatically move claims reimbursed during the grace period from 2015 balances to the 2014 account to use 2014 balances first. NOTE: If you would prefer to submit your own claims, your deadline to opt out of the reconciling process is Friday, 3/6/15!

See the recent post by the UW Service Center in the MYUW System portal in the “HR, Payroll & Benefits News” section for additional information.

Biometric Screening Event

The UW-Green Bay Benefits Office & Wellness Committee Presents:

What: Well Wisconsin Biometric Screening Event

(See below for incentive details!)

When: Monday, April 20^th

8:00 a.m. to 1:00 p.m.

Where: University Union, Phoenix Rooms

Who can Participate: Member employees, spouses/domestic partners, and adult children enrolled in State Group Health Insurance

How to Participate: Pre-Registration is required!

Deadline to Register: Thursday, April 16 (or until all appointments are filled)

In 2015, all state insurance plans are offering $150/member for completing the Well Wisconsin program. There are two steps to completing the program.

Participate in a biometric screening

Get up-to-date testing results on your height, weight, and Body Mass Index (BMI), cholesterol level, glucose measurement, and blood pressure. At the on-site screening you will be asked to provide proof of insurance (health insurance card). You will then go through a series of staffed stations for the testing, which generally takes less than 20 minutes. At the end of the screening you will be given your results.

Complete your Health Risk Survey online provided by your health plan

Use your biometric screening results to complete the survey. Visit http://wellwisconsin.wi.gov and click on your insurance plan in the column to the left for a direct link to the online Health Survey. This quick, easy survey will ask a range of questions including your daily stress level, family medical history, and typical meal plan. The Health Survey is designed to help you gauge intangible well-being factors to pinpoint possible health risks.

Once the biometric screening and health survey are completed, the $150 incentive will be processed and issued by your health insurance provider. Health plan issued rewards are considered a fringe benefit of employment and must be treated as taxable income by the primary subscriber’s employer. Your health plan is required to report payment information for the subscriber and enrolled family member’s to the subscriber’s employer. Individual health information will never be shared with the employer.

Even if you are unable to attend the on-site Biometric Screening on April 20th, you can complete the biometric screening portion with your physician (the necessary paper forms for physician’s completion are available under each individual health plan on the Well Wisconsin website).

Please direct any questions to Kimberly Danielson, Benefits Specialist, at (920) 465-2196 or danielsk@uwgb.edu.

We can always work to improve the quality of our lives through health and wellness!

ETF Learning Opportunity Update — March Webinars

Attention Employees covered under the Wisconsin Retirement System

See below for the Department of Employee Trust Funds (ETF) information regarding their upcoming webinars during the month of March.

Webinars Live Webinars Scheduled for March 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 our webinar page to learn more about any of the following sessions.

WRS Benefits: For New and Mid-Career Employees This one-hour webinar is for employees who are five years – or more – from retirement. The information presented will help ensure sound, strategic decisions over the course of your career. Topics include vesting, ways to enhance a WRS retirement benefit, purchasing service, military service credit, the Core and Variable Trust Funds, contribution rates, the importance of a beneficiary form and how to complete one, and how “life event” changes affect retirement benefits.

Mar 05, 2015 2:00 – 3:00 p.m. Mar 10, 2015 9:00 – 10:00 a.m. Mar 25, 2015 12:00 – 1:00 p.m. Mar 31, 2015 6:00 – 7:00 p.m.

WRS Retirement Benefit Calculation Methods This webinar will explain the methods used for benefit calculations and the components of each method. Anyone who has requested or is planning to request an estimate will have a better understanding of how that amount was calculated. Individuals will have the opportunity to ask questions on this topic at the end of the session.

Mar 10, 2015 11:00 – 11:30 p.m. Mar 18, 2015 6:00 – 6:30 p.m. Mar 19, 2015 12:30 – 1:00 p.m. Mar 24, 2015 12:00 – 12:30 p.m.

Overview of the Wisconsin Retirement System (WRS) This webinar will cover participation in the Wisconsin Retirement System, how the WRS is funded and what benefits are available under the WRS. A brief overview of the Core and Variable Trust Funds and how the WRS is structured are included.

Mar 11, 2015 12:30 – 1:00 p.m. Mar 23, 2015 11:30 – 12:00 p.m.

Retirement Annuity Options This webinar will help to increase your understanding of the WRS annuity options available to you at retirement. We will also explain the difference between a beneficiary and a named survivor.

Mar 11, 2015 11:00 – 11:30 a.m. Mar 17, 2015 6:00 – 6:30 p.m. Mar 26, 2015 12:00 – 12:30 p.m.

WRS Effective Rates and Annuity Adjustments This webinar will provide employees and retirees a greater understanding of how WRS trust fund investment returns affect WRS retirement accounts and monthly pensions. For example, do investment returns affect how much retirees initially receive when they begin their pensions? Do retirees receive adjustments to their monthly pension amounts over the years? This webinar will cover the process of how the rates and adjustments are calculated, beginning with the investment returns reported by the State of Wisconsin Investment Board for the Core and Variable Trust Funds.

Mar 12, 2015 6:00 – 6:30 p.m. Mar 17, 2015 11:30 – 12:00 p.m. Mar 19, 2015 11:00 – 11:30 a.m. Mar 27, 2015 12:30 – 1:00 p.m.

-Information for those who are using their sick leave; -Information for those who are currently covered under another non-state/university plan; and -Information for those who are currently covered under another state/university plan

Mar 03, 2015 11:30 – 12:00 p.m. Mar 06, 2015 11:00 – 11:30 a.m. Mar 09, 2015 12:00 – 12:30 p.m.

Fidelity Investments Individual Counseling Sessions

FIDELITY INVESTMENTS INDIVIDUAL COUNSELING SESSIONS

Fidelity Investments is offering individual counseling sessions where you can confidentially discuss your financial situation with a Fidelity representative. These sessions will give you the opportunity to:

• Explore your plan benefits in more depth
• Consolidate retirement account into the UW 403(b) retirement plan
• Explore distribution options for pre-retirees
• Tap into Fidelity’s experience and expertise
• Make decisions that help you meet your goals

David Eichler, Fidelity Planning & Guidance Consultant will be coming to campus on:

Friday, March 13, 2015
8:00 a.m. to 4:00 p.m.
Wequiock Room, University Union

To schedule a confidential consultation with your Fidelity Investments representative, David Eichler, call 1-800-642-7131 or go to www.fidelity.com/atwork/reservations.

TIAA-CREF Individual Counseling Sessions

TIAA-CREF INDIVIDUAL COUNSELING SESSIONS – April 7–8, 2015

TIAA-CREF is offering individual and confidential counseling sessions where you can discuss your financial situation with a TIAA-CREF consultant. A representative will be available to help you achieve your financial goals by investing in financial solutions.

Please see the attached flyer for more information about TIAA-CREF sessions at UWGB. To schedule a consultation with representative Chad Stein, call 1-800-732-8353 Monday through Friday, 7:00am to 7:00pm (central time), or register at www.tiaa-cref.org/letstalk1 .

ETF Learning Opportunity Update-February Webinars

Attention Employees covered under the Wisconsin Retirement System

See below for the Department of Employee Trust Funds (ETF) information regarding their upcoming webinars during the month of February.

Webinars Live Webinars Scheduled for February 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 our webinar page to learn more about any of the following sessions. Here is what others have said about our webinars:

“My participation in the webinar was a first for me, and I just want to compliment you on how easy it was to connect, follow along, and provide questions or requests. Excellent job!”

“Thanks for having these valuable webinars. The professional but conversational style helped me to understand the presentation as easily as an “in office” meeting. Really appreciate that the presenter fully understands the subject. Wonderful job.”

5 Basic Steps to Your Retirement

Feb 11th, 2015 6:00 – 6:30 p.m. Feb 16th, 2015 12:00 – 12:30 p.m. Feb 19th, 2015 11:30 – 12:00 p.m. Feb 26th, 2015 11:00 – 11:30 a.m.

Beneficiary Designations Do you have a beneficiary designation on file with ETF and does it reflect how you’d want your WRS death benefits paid? This webinar reviews the importance of having a beneficiary designation on file and keeping it updated as life events occur. We’ll also review the process of how to correctly complete a designation form, what it means if you do not have one on file with ETF, and how to request a copy of your current form.

Feb 10th, 2015 11:30 – 12:00 p.m. Feb 20th, 2015 12:00 – 12:30 p.m. Feb 24th, 2015 11:00 – 11:30 a.m.

Additional Contributions Find out how making additional contributions to your WRS account can potentially increase your retirement. This webinar also provides examples of how contributions grow over time with interest, how to pay additional contributions (payroll deduction or direct pay), etc.

Feb 13th, 2015 11:00 – 11:30 a.m. Feb 17th, 2015 11:30 – 12:00 p.m. Feb 26th, 2015 12:30 – 1:00 p.m.

How to Read the Statement of Sick Leave Account (State and University Retirees) This webinar will cover the annual Statements of Sick Leave Accounts for State and University retirees, including: -If you are using your sick leave. -If you are currently covered under another, non-state/university plan. -If you are currently covered under another state/university plan

Feb 25th, 2015 11:30 – 12:00 p.m.

ETF Learning Opportunity Update — January Webinars

Attention Employees covered under the Wisconsin Retirement System

The Department of Employee Trust Funds (ETF) is offering several webinars during the month of January. See ETF’s information below regarding their upcoming webinars.

Webinars
Live Webinars Scheduled for January
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 our webinar page to learn more about any of the following sessions. Here is what others have said about our webinars:

“My participation in the webinar was a first for me, and I just want to compliment you on how easy it was to connect, follow along, and provide questions or requests. Excellent job!”

5 Basic Steps to Your Retirement

Consider this webinar your quick reference guide to starting the retirement process within the next 12 months. We’ll review: choosing a termination date, how to request a retirement estimate – and how to read and understand it. We’ll also cover how to schedule a retirement appointment and – drum roll here – how to submit the retirement application.
Wednesday Jan 7, 2015 12:30 – 1:00 p.m.
Friday Jan 9, 2015 11:30 – 12:00 p.m.
Monday Jan 12, 2015 11:30 – 12:00 p.m.
Thursday Jan 15, 2015 12:00 – 12:30 p.m.
Wednesday Jan 21, 2015 6:00 – 6:30 p.m.
Wednesday Jan 28, 2015 11:00 – 11:30 a.m.

Overview of Wisconsin Retirement System

This webinar will cover participation in the WRS, vesting requirements, how the WRS is funded and benefits available under the WRS. Also included is a brief overview of the Core and Variable Trust Funds and how the WRS is structured.

Wednesday Jan 7, 2015 11:00 – 11:30 a.m.
Thursday Jan 15, 2015 6:00 – 6:30 p.m.
Wednesday Jan 28, 2015 12:30 – 1:00 p.m.
Friday Jan 30, 2015 11:30 – 12:00 p.m.

WRS Employer and Employee Contribution Rates

This webinar will review how employer and employee contributions help keep the WRS fully funded. We will discuss how the contribution rates are calculated, why they change annually, where those dollars go and the contribution rate changes for 2015.
Thursday Jan 8, 2015 11:30 – 12:00 p.m.
Wednesday Jan 21, 2015 Noon – 12:30 p.m.

WRS Benefits: For New and Mid-Career Employees

This one-hour webinar is for employees who are five years – or more – from retirement. The information presented will help you make sound, strategic decisions over the course of your career. Topics include vesting, ways to enhance a WRS retirement benefit, purchasing service, military service credit, the Core and Variable Trust Funds, contribution rates, the importance of a beneficiary form and how to complete one, and how “life event” changes affect retirement benefits.
Thursday Jan 8, 2015 2:00 – 3:00 p.m.
Wednesday Jan 14, 2015 11:00 – 12:00 p.m.
Tuesday Jan 27, 2015 6:00 – 7:00 p.m.
Thursday Jan 29, 2015 10:00 – 11:00 a.m.

Returning to Work After Retirement

Whether retired or planning to retire, do you need information about what happens if you decide to work again? This webinar is for you. 2013 Act 20, which was effective July 2, 2013 made some important changes to laws that affect retired WRS members planning to return to work. This webinar covers the old law as well as the changes that provided by Act 20.

Thursday Jan 22, 2015 Noon – 12:30 p.m.
Tuesday Jan 27, 2015 11:30 – 12:00 p.m.

Attention Employees covered under the Wisconsin Retirement System

The Department of Employee Trust Funds (ETF) is offering several webinars during the month of December. See ETF’s information below regarding their upcoming webinars.

Additional Contributions
Find out how making additional contributions to your WRS account can potentially increase your retirement. This webinar also provides examples of how contributions grow over time with interest, how to pay additional contributions (payroll deduction or direct pay), etc.

Tuesday Dec 9, 11:00 – 11:30 a.m.
Thursday Dec 11, 12:30 – 1:00 p.m.
Monday Dec 15, Noon – 12:30 p.m.
Thursday Dec 18, 6:00 – 6:30 p.m.

Annuity Options
Choosing a WRS annuity option is one of the most important decisions you will face. This webinar will cover all of the WRS annuity options and help you understand them so that you can make an informed decision. We will also explain the important differences between a beneficiary and a named survivor.

Thursday Dec 11, 11:00 – 11:30 a.m.
Tuesday Dec 16, 11:00 – 11:30 a.m.
Friday Dec 19, Noon – 12:30 p.m.

Choosing When to Retire
This webinar will focus primarily on choosing your optimal termination and WRS benefit effective dates. The focus will include not only the “December versus January” decision, but also how retirement timing at any point during the year can affect your retirement annuity amount and other employee retirement benefits as well.

*Please note that due to the popularity of this webinar your registration will be approved on a first come first serve basis if your registration is denied it is due to the webinar being at maximum capacity. Please choose a new date/time if this should happen. Thank you*

Wednesday Dec 10, 11:30 a.m. – Noon
Tuesday Dec 16, 12:30 – 1:00 p.m.
Wednesday Dec 17, 11:00 – 11:30 a.m.

WRS Employee and Employer Contribution Rates
This webinar will review how employer and employee contributions help keep the WRS fully funded. We will discuss how the contribution rates are calculated, why they change annually, where those dollars go and the contribution rate changes for 2015.

Tuesday Dec 9, 12:30 – 1:00 p.m.
Wednesday Dec 17, 6:00 – 6:30 p.m.

T. Rowe Price Live & Recorded Webinars

T. Rowe Price Offers Live Webinars

T. Rowe Price, one of the investment companies in your UW TSA 403(b) Program, offers live and recorded webinars. Take advantage of these webinars!

Live Webinar – Another way to save: Roth contributions
For potential tax-free withdrawals in retirement, consider Roth contributions. Attend this 30-minute program to understand how Roth contributions can give you tax-free withdrawals in retirement. Find out about the advantages and disadvantages of Roth contributions, review a Roth contribution profile quiz, and learn about requirements for a qualified Roth distribution. This is a live presentation over the web, and there will be time for you to ask questions and get your questions answered.

Monday, November 3, 2014, 10 a.m. and 2 p.m.
Thursday, November 6, 2014, 9:30 a.m. and 11:30 a.m.

Go to http://rpstrowepricereg32.fugent.com to register for this webinar. If you have any questions about registering for this webinar or about anything else, you can call T. Rowe Price at 1-800-922-9945. Representatives are available on business days from 6 a.m. to 9 p.m. central time.

Recorded Webinar – Investing Insights for Women
When preparing for retirement, women have a lot to consider. During this 40-minute recording, a panel of all-female retirement professionals discuss the realities that women face when saving and planning for retirement and what actions can be taken to help build a more secure financial future. This presentation has been recorded for your convenience and will be available for viewing beginning the week of October 27. Go to http://troweprice.com/insightsforwomen to view this presentation.

Recorded Webinar – Retirement Investing From Beginning to End
This 20-minute program is a comprehensive presentation that explains asset classes, reviews the concepts of risk and return, and helps you make the most of your investment choices. The plan’s investment options will be discussed and profiled using market capitalization, investment style, and geographic characteristics.

Go to https://rpstroweprice.fugent.com/vpvm/?ID=F888E290-B093-40A7-9466-F1FF4AF44332 to view this presentation.

Wisconsin Deferred Compensation Individual Sessions

Scott Schewe, representative from WDC, will be available to meet individually with employees regarding their current WDC enrollment and for those interested in learning more about the program and planning for retirement by investing before tax dollars. Please see the attachments for more information about WDC’s Program highlights and options. Your can access the Wisconsin Deferred Compensation Program Quick Enrollment Card by clicking here.

When: Monday; November 3, 2014; 8:00 am to 4:00 pm
Where: University Union Building, Heritage Room

You can schedule an individual session with Scott Schewe by emailing him at scott.schewe@greatwest.com