HR Update; April 23, 2010
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In this Edition
- Restart of UCRP Contributions Begins with May Earnings
- Don’t-Miss Learning & Development Opportunities in May
- Take Advantage of Special Discounts Available to the UCSF Community
Restart of UCRP Contributions Begins with May Earnings
As you know, for several years the University has been talking about the critical need to restart financial contributions to the UC Retirement Plan (UCRP), from both UC and employees, in order to ensure the long-term health of the plan.
This is a reminder that contributions are about to begin. Faculty and staff in UCRP will begin making contributions with May earnings, which will be reflected in paychecks beginning May 7 through June 1, depending on when you get paid. Contributions for represented employees are subject to collective bargaining.
As previously announced, employee contributions will begin with a redirection of approximately the 2 percent of pay currently going into UC’s Defined Contribution Plan via an automatic payroll deduction. Thus, there will be no change in your take-home pay in the first year of contributions (contribution levels for both UC and employees are expected to increase over time). UC’s contributions will begin at 4 percent.
Please take a moment to read about the restart in the latest issue of the Our University newsletter (http://www.universityofcalifornia.edu/ouruniversity/0310/), and watch for more information about UCRP contributions in upcoming issues. There is also a wealth of information at the Future of UC Retirement Benefits website. We encourage you to visit the site regularly for updates and other important information.
Don’t-Miss Learning & Development Opportunities in May
How to Supervise More Effectively in a Union Environment
Please come join us for an engaging session focused on providing supervisors with understanding and skills needed to exercise their management rights, to administer union contracts and to address issues legally and effectively.
This session on Supervising According to Union Contracts and PPSM is scheduled on April 21 at Laurel Heights from 8:30 p.m. to 12:30 p.m. and is available for immediate enrollment by accessing the following link: http://learningcenter.ucsf.edu.
How to Prepare and Manage Recharge Activities
Please join us for a one-day session on preparation and management of recharge at UCSF. Learners must have a working knowledge of campus general ledger/financial systems or have taken General Ledger and Fund Accounting using OLFS Weblinks – Part I.
UCSF Recharge Basics is scheduled on April 29 at Laurel Heights from 8:30 p.m. to 4:40 p.m. and is available for immediate enrollment by clicking the following link: http://learningcenter.ucsf.edu.
Take Advantage of Special Discounts Available to the UCSF Community
The UCSF Arts and Events Department is excited to provide UCSF students, faculty, staff, and alumni with information about special discounts and offers. Please visit the website to learn more about the program. New special offers are added to the program almost weekly so you may want to bookmark the page: http://campuslifeservices.ucsf.edu/artsevents/discounts/
Discounts include the following:
- Entertainment: From the Academy of Sciences to Disneyland, we offer discount vouchers to a variety of amusement parks, movies, theaters, and sporting events
- Dining & Shopping: Show a UCSF ID and save! Take a look at local participating San Francisco vendors
- Looking to Travel?: Check out discounts for airport parking, hotels, and rental cars
- Got a cell phone? You can save up to 15 percent on your monthly bill with a UCSF-employee negotiated service contract
Check out the featured discounts section today for the latest offers.
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