Category: Payroll & Benefits
-
2011 Tax Update
By
|
There have been some notable changes regarding taxes for 2011. The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that became law on December 17, 2010 enacted a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2% to 4.2% of wages paid. There has…
-
Rehired Annuitant Information
By
|
NOTICE TO ALL SUPERVISORS AND EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM As a reminder, for those employees considering retirement and supervisors considering rehiring recently retired employees, please review the Q&A found in the link below. There are several rules and statutes governing rehired annuitants that must be followed to minimize jeopardizing the recently retired…
-
WRS Investment Returns Are Up
By
|
The State of Wisconsin Investment Board (SWIB) just released the WRS investment returns through November 30th. The Core Fund is up 7.6% and the Variable Fund is up 8.0%. You can visit SWIB’s website for more information: http://www.swib.state.wi.us/. In addition, the UW System Administration has updated documents that outline how market conditions affect your WRS…
-
Floating Holidays (for Unclassified)
By
|
Use of Floating Legal Holidays – December 25, 2010 and January 1, 2011 All employees eligible to earn and use legal holidays should note that Christmas Day, Saturday December 25, 2010, and New Year’s Day, Saturday, January 1, 2011, are floating legal holidays since these holidays fall on a regularly scheduled day off (a Saturday)…
-
WRS Small Group Sessions
By
|
NOTICE TO ALL EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM The Department of Employee Trust Funds is pleased to formally announce that they have expanded their outreach and education. Please see the EFT flyer to read the requirements for who is eligible to attend these group sessions and how to schedule an appointment. You can find locations and…
-
Floating Holiday Reminder
By
|
Reminder to all Classified Employees: This year, Christmas Day falls on a Saturday, resulting in a floating holiday. Please note that floating legal holiday may be used at any time during the year it is earned. You must use this floating holiday by December 30, 2010 or it will be forfeited, as it cannot be…
-
**HRS and Self-Service Coming Soon!**
By
|
Please click on the following link to view information about HRS and Self Service: http://www.uwgb.edu/hr/hrs/ Please e-mail hr@uwgb.edu or call 465-2390 if you have any questions.
-
WRS Contribution Rates
By
|
IMPORTANT NOTICE TO ALL EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM WRS Contribution Rates for 2011 Most UW System employees covered by the Wisconsin Retirement System (WRS) will be required to pay 0.2% (two tenths of one percent) of WRS-covered earnings to the WRS for 2011. Protective employees will have to pay a 0.8% (eight…
-
2011 TSA 403(b) Limits
By
|
The IRS announced that because inflation has been very low, there are no cost-of-living adjustments (COLA) to the dollar limitations for contributions to the Tax-Sheltered Annuity 403(b) Program in 2011. (The same limits as 2010.) For 2011 University of Wisconsin employees may contribute a maximum of $16,500 to the Tax-Sheltered Annuity 403(b) Program. Employees age…
-
New Timesheets
By
|
To All Classified Employees and Limited Term Employees The timesheets for classified staff and LTE’s have been updated in Excel to include features such as automatic calculation of hours worked, overtime, differential hours, etc. For your convenience, holidays and fixed furlough days will automatically highlight on the timesheet. Please note that once you complete your timesheet,…