Division of Human Resources Welcomes You! Jaffus Hardrick, Ed.D. Vice President, Human Resources Vice Provost for Student Access & Success El pagnier K. Hudson Assistant Vice President, Human Resources

Payroll Essentials Presented by: Idorys Calvo, Director Payroll

MyFIU – Main Menu

9 over 12 month Deferred Earnings Program (DEP) Available for all 9 month Faculty Enrolled on 1 st 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 Faculty 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 Mandate myFlorida.com/myBenefits

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 Plans For more information please visit mybenefits.myflorida.com

Enrollment Details Welcome New Hire Package from People First Package not received? Contact 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 Retirement Employee Mandatory 3% For more information please visit

Elective Deferrals 403b 10 providers to choose from IRS Limit Under 50 yrs. old: $18,000 Over 50 yrs. old: $24,000 Fidelity, ING Reliastar, Jeffereson National, MetLife, Symetra, TIAA-CREF, T. Rowe Price, Valic, Vanguard, VOYA providers through Florida Deferred Compensation IRS Limit Under 50 yrs. old: $18,000 Over 50 yrs. old: $24,000 Charles Schwab, Great West, ING, Nationwide, T. Rowe Price & Valic

Workers’ Compensation Report to Supervisor Emergency transportation CALL Public Safety at (305) Go to the nearest emergency room Medical Emergency Report to Supervisor Complete Injury Report Online Non Emergency Mary Cruz or Workers’ Compensation Assistant Emergency Contact: 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 People First ; MyFRS.com; or SUS Optional Retirement Program Retirement Human Resources Service Center