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Consultants available to help employees with 403(b) retirement planning

Investment company representatives are on-site on a regular basis at the HRS Building, 903 W. University Avenue. Please refer to the schedule below if you wish to call for an appointment.

AIG Retirement
1-800-892-5558, x87260 Mondays

Fidelity
1-800-550-4068        Mar. 19, April 22

TIAA-CREF
1-877-267-4510 x5109  
Mar. 12-14

Representatives from ING and MetLife are available to meet with you at a location of your choice.  Please call to schedule an appointment.

ING
(352) 372-1802

MetLife
(352) 371-7638

Retirement and financial planning presentations offered

This spring, University Benefits and Retirement is offering a variety of informational workshops for employees who want to make informed decisions regarding their investments, retirement planning, and financial well-being. Visit the Training and Organizational Development web site to register and view a full list of classes.

Overview Pension Plan & DROP (course GET120) 

Thursday, March 27, 9:30 to 11:30 a.m. , HRS Building, Room 120

An in-depth look at the defined benefit plan that provides the majority of UF's population with retirement, disability, and survivor benefits, as well as an opportunity to participate in the Deferred Retirement Option Program. 

Instructor: John Martin, Coordinator, UF Retirement

Planning for College: Options for College Savings (course GET031)

Tuesday, April 8, 9:30 to 11:30 a.m., J. Wayne Reitz Union, Room 282

In this seminar you’ll learn the cost of college and ways to save for it, the differences among the various college savings options, and how federal tax laws affect college savings. In particular, the 529 plan will be highlighted.

Instructor: Adonis Morris, Regional Consultant for Fidelity Investments  

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Need assistance with retirement questions?  

If you have a question about your retirement plan or need assistance with retirement forms, please call us at (352) 392-2477 to schedule an appointment to meet with a retirement coordinator. 

Need to be certified in CPR?

Get certified at the CPR & Safety Training Center on campus! Faculty and Staff can get certified for just $10. Stop by 266 Yon Hall, East Stadium, on March 20 for discounted sessions on Heartsaver Adult and Child CPR certification. Two sessions are available: 9:00 a.m. to 12:00 p.m. and 1:00 to 4:00 p.m. Please call 392-1161 x4283 or stop by to sign-up in advance and bring your Gator ID card.

Faculty and staff: Vote in the Hub’s public art competition

A competition is underway among UF students, faculty, staff, and alumni to produce a large-scale work of art to be displayed in the Hub’s outdoor green space along Stadium Road. This public art program seeks to enhance the environment at the University of Florida by providing a public exhibition opportunity for a talented UF artist.

UF faculty and staff are encouraged to view the submissions and vote for their favorite work of art online during the week of Monday, March 17 through Sunday, March 23. This program is funded by the International Center and the Office of Academic Technology.

For more information about the project, please the web site or contact Oaklianna Brown at 283-9830.

 

 

 

UF supervisors: It’s time to complete staff performance appraisals

Once again, it is time to issue annual performance appraisals for USPS and TEAMS employees. The evaluation period for all USPS and TEAMS employees is from March 1, 2007, through February 29, 2008, with appraisals completed by March 31, 2008.

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2007 flexible spending account claim forms due by April 15

Employees who participated in a medical or dependent care reimbursement account during 2007 must submit claims by April 15, 2008. Claims may be made for money spent on medical or dependent care expenses during 2007.

Reimbursement claim forms are available at http://www.hr.ufl.edu/benefits/forms/flexible_claim_form.pdf. Please follow the instructions found on the form. People First is pleased to announce the addition of a new, toll-free fax line. You may now fax Medical Expense and Dependent Care documentation to this toll-free number: 1-888-800-5217.

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Employee Education Program now accepting applications for summer semesters

The Employee Education Program (EEP) is a popular benefit made available to eligible UF faculty and staff. The program covers the matriculation fees of up to six credit hours of covered college-level courses for eligible employees per semester. In the summer, a combined total of six credits taken during semesters A, B, and C may be covered under the EEP.

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Experiencing a work or life-event status change?

UF employees experiencing or expecting to experience a “qualifying status change” should contact University Benefits and Retirement as soon as possible to ensure they receive the appropriate benefits. Employees have only 31 days after a qualifying event occurs to make coverage changes. A status change includes any of the following:

• Start or return from leave
• Marriage
• Termination
• Birth or adoption of a child
• Death or ineligibility of a dependent
• Court order pertaining to children (i.e., legal guardianship or a divorce decree)
• Change in FTE
• Gain or loss of other coverage
• Eligibility for Medicare or Medicaid
• Change in spouse's employment

If you need additional information or have any questions, please contact University Benefits and Retirement at (352) 392-2HRS (SC 622-2477) or benefits@ufl.edu.


Additional training on Microsoft Office software now available

Training and Organizational Development is proud to announce that, in conjunction with Florida Works, an additional 12 Microsoft-based computer training sessions will be available in May. Please log-in to myUFL or visit www.hr.ufl.edu/training/schedule.asp#ms to view available dates and times.

Training and Organizational Development is aware of the high demand for these sessions and has been working diligently to find alternative ways to lower the number of participants on the waitlists. If you are unable to attend a workshop for which you are registered, please cancel your registration by phone (392-4626) or e-mail to make space for another UF employee who needs the training. When possible, please give 48 hours’ notice that you can’t attend.

In addition, in response to requests from campus, we will be offering training for MS Windows 2007 beginning in September.


Retirement planning information from the Florida Retirement System

As a UF employee, you may occasionally receive communications via e-mail, phone, or mail from financial management firms or financial planners. These companies offer their services and sometimes appear to be authorized by or affiliated with the Florida Retirement System. These services may be helpful as you prepare for retirement, but please know that the University of Florida does not endorse private financial firms or planners and does not guarantee their claims.

If you receive information that appears to come from or be approved by the FRS, you can make sure by contacting FRS’s Research and Education Section toll-free at (877) 377-1737 or (850) 488-5706 or by e-mail at REP@dms.MyFlorida.com.

If you decide to hire someone to help you with your financial planning, consider your options carefully, because there are many different levels of service and related costs. 

Ask about the financial planner's background, training, education, and certification. 

  • Ask how fees are calculated: on an hourly basis, a percentage of your assets, or a combination of these methods.
  • Ask how the fees and other charges will affect your account balance over time.
  • Ask for a detailed list of the services that will be provided.
  • Ask for references.

Despite tough economic times, employees gave generously to 2007 UFCC

In this year’s UF Community Campaign (UFCC), employees gave $1,167,446—a significant increase over funds raised last year. Many university employees donated to the campaign through the traditional payroll deduction, but others also gave through their involvement in silent auctions, bake sales, and a golf tournament.

“In a year like this, when there were no state-funded raises, it is a true testimony to the generosity and altruism of University of Florida employees,” said Steve Dorman, dean of UF’s College of Health and Human Performance and 2007 UFCC chair.

Each year, the UFCC asks employees to give to one or more of 80+ local community agencies. Participating agencies provide a range of services to the greater Gainesville community, including medical assistance, legal help, environmental protection, counseling, recreational opportunities, and efforts to ensure children start school ready to learn. Many of these organizations count on generous donations each year to fulfill their mission and meet the needs of their target populations.

For more information about the UF Community Campaign, please visit its web site at http://www.ufcc.ufl.edu/.


Network with local businesses at the 17th Annual Small Business Conference and Trade Fair

On March 26, the University of Florida will host its 17th Annual Small Business Conference & Trade Fair at the Hilton Hotel & Conference Center. The event will begin with a welcome/breakfast networking session hosted by the Gainesville Area Chamber of Commerce. Details and ticket prices are available on the Chamber’s web site at http://gainesvillechamber.com/small_business_month.aspx.

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