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Division of Human Resources
Welcomes You!Jaffus Hardrick, Ed.D.Vice President, Human ResourcesVice Provost for Student Access & Success
El pagnier K. HudsonAssistant Vice President, Human Resources
Payroll Essentials
Presented by:
Idorys Calvo, Director
Payroll
MyFIU – Main Menum.fiu.edu
9 over 12 month Deferred Earnings Program (DEP)
• Available for all 9 month Faculty• Enrolled on 1st Pay Period of Fall Semester
• Deadline August 25, 2015
• First Deferral on 09/04/2015 Paycheck• 19 Deferrals to cover 6 Paychecks in the Summer
BENEFITS ADMINISTRATION
New Facult
y
Understand your future goals
Review your
choices
Customize your
package
Meet your
deadlines
Benefits Options
14
Health Insurance Marketplace• Health care law requires most U.S. citizens to have health
insurance coverage as of January 1, 2014; or potentially pay a tax penalty for noncompliance
Patient Protection
Affordable Care Act
• One stop shop to find quality health coverage • Through the Marketplace website you can purchase
private health insurance
Health Exchange Options
HealthCare.gov
• No pre-existing condition exclusions, regardless of age• No annual dollar limit on essential health benefits • Preventative Health Services at no cost• Extension of coverage to adult children
Health Insurance
Design
• Employers are required to offer affordable coverage that meets minimum standards to full-time employees (average 30 or more hours per week)
• Employer On Record: State of Florida, Division of State Group Insurance
Employer MandatemyFlorida.com/
myBenefits
1-866-663-4735
STATE-SPONSORED PLANS THROUGH PEOPLE FIRST (PF)
• Medical (Health Insurance)• Prescription Drug Plans • Dental Insurance • Vision Insurance• Tax-Favored Accounts• State Life Insurance Plans• Other Supplemental PlansFor more information please visit mybenefits.myflorida.com
Enrollment Details• Welcome New Hire Package from People
First• Package not received? Contact 305-348-
2181• Coverage effective: First of the month
following enrollment and payment received
• Required Social Security Number and Date of Birth for all Eligible dependents• Premium Payment: one month in advance
State Retirement Plans
18
FRS
Two (2) plans to choose from
FRS Investment Plan or
FRS Pension Plan
ORP
Five (5) providers to choose from
AXA, MetLife, TIAA-CREF,
Valic & VOYA
State RetirementEmployee Mandatory 3%
For more information please visit http://hr.fiu.edu
Elective Deferrals
403b
10 providers to choose from
IRS LimitUnder 50 yrs. old:
$18,000Over 50 yrs. old:
$24,000Fidelity, ING Reliastar,
Jeffereson National, MetLife, Symetra, TIAA-
CREF, T. Rowe Price, Valic,
Vanguard, VOYA
4576 providers
through Florida Deferred
CompensationIRS Limit Under 50 yrs. old:
$18,000Over 50 yrs. old:
$24,000Charles Schwab, Great West,
ING, Nationwide, T. Rowe Price & Valic
Workers’ Compensation• Report to Supervisor • Emergency transportation CALL
Public Safety at (305) 348-5911• Go to the nearest emergency room
Medical Emergency
• Report to Supervisor• Complete Injury Report Online
Non Emergency
• Mary Cruz• 305-348-7960 or 305-348-2181• [email protected]
Workers’ Compensation
Assistant
• Emergency Contact: 1-800-455-2079 AmeriSys
Enrollment Deadlines
21
State Benefits
60 days
FIU Benefits
90 days
State Retirement
90 days
# of calendar days from the date of hire
Deferred Earnings Program 9 over 12 month
22
Division of Human Resources
• 9 month salary spread over 12-month pay includes benefits deductions
How Does it Work
• Panther Soft Employee Self-Service
• Employee Resources/Employee Forms/Payroll Forms/Deferred Earnings Program
How To Enroll
• Begins on Monday, April 06, 2015
• Ends on Monday, August 24, 2015
Enrollment Period
Contacts:
23
Division of Human Resources
• 1-866-663-4735• www.peoplefirst.myflorida.co
m
People First
• 1-866-446-9377; MyFRS.com; or
• SUS Optional Retirement Program www.dms.myflorida.com
Retirement
• 305-348-2181• [email protected]
Human Resources
Service Center
