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• cruzma@fiu.edu

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• Benefits@fiu.edu

Human Resources

Service Center