The Affordable Care Act (ACA) requires large employers to offer healthcare coverage to full-time employees. Employees have the opportunity to utilize the Healthcare Marketplace to obtain health insurance coverage and, as such, may qualify for a premium tax credit.
UF Mail and Document Services provides the UF campus and the Gainesville community a variety of services including a Passport Acceptance Facility, print shop and mail facility.
As 2016 draws to a close, UFHR is pleased to provide the following holiday and end-of-year tips and reminders. As always, if you have questions or concerns about your time off, benefits, pay or other issues related to your employment at UF, we encourage you to contact our Service Center at (352) 392-2HRS (2477). We wish you a safe and joyous holiday season!
A new app, Chard Snyder Mobile, is now available to participants in its flexible spending accounts (FSA) and HSA Advantage accounts. The app enables participants to use their smartphones or tablets to access their accounts, view claims and receipts and file for reimbursement.
UF Leave Administration encourages you to enter your time and leave early as you make preparations for time off during the holidays. All TEAMS and Academic Personnel identified by their departments as “essential employees” may enter December personal leave beginning on Monday, Dec. 12. Additionally, on Monday, Dec. 12, USPS employees may enter advanced vacation leave that will be used between Dec. 27–30.
USPS employees are not eligible for the four personal leave days, but they may be required to use vacation or accrued compensatory leave during the holiday closing period if a department chooses to close or upon supervisory request.
The annual vacation leave conversion process will take place at the end of the pay period covering Dec. 30, 2016, through Jan. 12, 2017. Employees with vacation hours exceeding the annual maximum will automatically be converted into their sick leave balance.
Each payday, especially following Open Enrollment, it’s important to confirm that your insurance premiums are being deducted correctly. A majority of state plans’ premiums, with exception of flexible spending accounts, are deducted a month in advance.
The IRS announced the retirement plan contribution limits for 2017 will remain the same as the 2016 limits.
Employees who have not already done so may consent to receive their Form W-2 electronically rather than by mail by logging into the myUFLsystem and navigating to: My Self Service > Payroll and Compensation > W-2/W-2c Consent.
The Social Security wage base limit for 2017 will increase to $127,200. Employees will pay a maximum of $7,886.40 ($127,200 x 6.2%) for 2017.
During Open Enrollment employees can make changes and elections to State and UF benefit plans through the appropriate online portals. Elections made during OE are effective Jan. 1, 2017.
TEAMS employees are eligible to cash out up to 16 hours of vacation leave — regardless of FTE — during the pay period of Nov. 4 to 17, provided 40 hours of vacation leave remain on balance after the end of that pay period. Eligible participants will receive the cash-out payment in their Nov. 23 paycheck.
If you enroll in a High Deductible Health plan during Open Enrollment, you may be eligible to open an HSA account. This HSA account can be used to pay out-of-pocket expenses like your deductible and co-insurance now or for qualified medical expenses in the future.
The Standard – Term Life – Requires a myUFL Enrollment and medical application. Term Life provides coverage levels up to $800,000 for employee coverage, $400,000 for spouse/domestic partner coverage and $25,000 for dependent child coverage. Spouse/domestic partner and/or dependent coverage cannot exceed employee coverage.
Some of the supplemental plans offered during Open Enrollment require medical underwriting and/or application, and enrollment is subject to approval by the supplemental insurance company.
UF’s employee benefits Open Enrollment will be held Oct. 17 – Nov. 4. During Open Enrollment, employees can make changes and elections to state and UF benefit plans through the appropriate online portals. Elections made during Open Enrollment will be effective Jan. 1, 2017.