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New IRS withholding tables result in more take-home pay for most employees this spring


The Internal Revenue Service has released new income tax withholding tables that incorporate the Making Work Pay Tax Credit—a key tax provision included in the American Recovery and Reinvestment Act of 2009, which became law in February of this year.

Part-time employees' health insurance premium increase begins May 8

Based on 2008 legislative changes, UF will pay higher rates for its employees’ health plans beginning with the May 8 paycheck. Benefits-eligible, full-time UF employees will continue to pay the same amount as in 2008; however, part-time employees will experience a proportional increase based on their full-time equivalency (FTE)—beginning in May—for June coverage.

Premium increase for over-age dependent health plan coverage

As a result of legislative action, effective May 2009 for June coverage, employees who have enrolled dependents in the new over-age dependent health plan for dependents ages 19 to 30 will experience a rate increase from $449.26 to $498.68 for one over-age dependent.

 

Employees must report 2008-09 overtime and compensatory leave by May 14

All non-exempt USPS and TEAMS employees as well as exempt USPS employees may use overtime and special compensatory leave, as applicable, through June 30, 2009 —the end of the fiscal year.

 

Invest in yourself this summer:  Take advantage of free professional development opportunities right here in Gainesville

Registration for UF Training and Organizational Development’s summer schedule of courses opens April 13.

 

Lapse in summer deductions for UF-sponsored insurance plans does not impact coverage

If you participate in certain UF-sponsored insurance plans, you will notice a temporary increase in take-home pay over the summer.

 

FRS plan members can now view Personal Forecast Statement and Executive Director’s Report online

For the first time this year, Florida Retirement System (FRS) Pension and Investment Plan members can find information to create a Personal Forecast Statement (PFS) online.


2009 Davis Productivity Award winners announced

The Davis Productivity Awards, an annual program honoring state government employees throughout Florida, has announced its winners for 2009, including the following teams and individuals from the University of Florida.

 

Employee Education Program now accepting applications for summer semesters

The Employee Education Program (EEP) is a popular benefit available to eligible UF faculty and staff. The program provides tuition assistance for up to six credit hours of eligible college-level courses per semester.

 


File 2008 flexible spending account claim forms by April 15
If you participated in a medical or dependent care reimbursement account during 2008, your claims must be submitted by April 15, 2009, to the People First Service Center.

UF parking decals expire May 1; renew today
All University of Florida and Shands faculty and staff parking decals will expire on May 1, 2009. Please order your new decal by April 15 to receive it on time and avoid parking tickets.

myUF Market Overview sessions still underway; hands-on training starts in May
Purchasing Services, in conjunction with UF Training and Organizational Development, has introduced overview sessions on the University of Florida’s new myUF Market requisitioning system.

Are you planning to cash out vacation leave upon entering DROP?
If you choose to cash out vacation leave upon entering DROP, be advised that the value of your vacation leave cash out is used by the Division of Retirement in calculating your retirement benefit.

Social Security/Medicare and DROP workshops offered this summer
UF’s Retirement and Financial Planning Series will include an FRS/DROP workshop and Social Security/Medicare presentation this summer.

Cirque Du Soleil - Saltimbanco at the Stephen C. O’Connell Center May 7 - 10
The Stephen C. O'Connell Center is proud to announce that Cirque Du Soleil - Saltimbanco will be in Gainesville for six performances May 7 to 10.

Join the campus Earth Day Celebration sponsored by UF’s Office of Sustainability
A campus Earth Day Celebration will take place on the Plaza of the Americas on April 22.

Consultants available to help employees with financial planning
Investment company representatives are available to meet with you on a regular basis. Please call for an appointment.

©2009 University of Florida Office of Human Resource Services
The InfoGator is a monthly e-publication produced by the University of Florida’s Office of Human Resource Services. It is distributed electronically to UF faculty and staff and is available online. Please direct questions or comments to its editor, Angela Gould; Human Resource Services; P.O. Box 115006; (352) 392-4626; TDD 800-955-8771. The InfoGator is available in an alternative format upon request.