TU home | T3 | Reminder – Save more money for retirement!

Tag Archives | Benefits Bulletin

Reminder – Save more money for retirement!

As a reminder, the IRS recently announced the 2019 contribution limits for the voluntary retirement savings plans.  Please review the supplemental retirement plan information for more information. Representatives from each retirement plan are on campus monthly and available for individual meetings to help you plan your retirement goals. You can schedule an appointment via the […]

Read full story

2018 Dependent Care Flexible Spending Account Deadline

December 31, 2018 is the deadline to incur eligible expenses in your 2018 dependent care flexible spending account.  For a list of eligible expenses and information about filing claims, please call P&A Group at 1-844-638-1900 or visit their website at www.MD.padmin.com.

Read full story

Don’t forfeit your leave! Info on 2018 leave & winter break 12-month Faculty, Regular Staff, & Librarians

As we near the end of the year, please review the important information below about 2018 leave, floating holidays, winter break and the leave audit.  This information and the Significant Date Calendar will help you manage your leave and safeguard you from forfeiting leave. 2018 Leave Personal leave and accrued holiday leave must be used by […]

Read full story

Open Enrollment Ends Today!

The health benefits open enrollment ends today.  Don’t miss your opportunity to make changes to benefits or enroll for the first time.  Visit www.towson.edu/openenrollment for more information. Employees required to enroll using the phone-based interactive voice response system (IVR), must call the IVR before 11:59 pm.  Employees required to enroll using the enrollment form, must […]

Read full story

Open Enrollment Ends Tomorrow!

The health benefits open enrollment ends November 28.  Don’t miss your opportunity to make changes to benefits or enroll for the first time.  Visit www.towson.edu/openenrollment for more information.  Email openenrollment@towson.edu for assistance.

Read full story

Thanksgiving Holidays – Regular Non-Exempt Staff

Towson University is closed for the Thanksgiving holiday from Wednesday, November 21, 2018, through Friday, November 23, 2018. Staff in departments, which observe non-traditional work hours and schedules, or which perform essential functions, should discuss coverage with their supervisors. Below is a sample time sheet to use as a guide for the Thanksgiving holiday.  You […]

Read full story

Thanksgiving Holidays – Regular exempt staff, 12-month faculty, and librarians

Towson University is closed for the Thanksgiving holiday from Wednesday, November 21, 2018, through Friday, November 23, 2018. Faculty and staff in departments which observe non-traditional work hours and schedules, or which perform essential functions, should discuss coverage with their supervisors. Below is a sample time sheet to use as a guide for the Thanksgiving […]

Read full story

Open Enrollment Ends Next Week!

The health benefits open enrollment ends November 28.  Don’t miss your opportunity to make changes to benefits or enroll for the first time.  Visit www.towson.edu/openenrollment for more information.  Email openenrollment@towson.edu for assistance.

Read full story

Thanksgiving Holidays – Lecturers

Towson University is closed for the Thanksgiving holiday from Wednesday, November 21, 2018, through Friday, November 23, 2018.  We are currently experiencing technical difficulties capturing holidays on the Lecturer time sheets.  These three days should be left blank on the time sheet; you will receive your regular pay for this pay period. Lecturers in departments […]

Read full story

Thanksgiving Holidays – Contingent II Non-Exempt Staff

Towson University is closed for the Thanksgiving holiday from Wednesday, November 21, 2018, through Friday, November 23, 2018.  You must be in an active, paid status to earn the November 22 and November 23 holidays.  If you do not have accrued, annual leave to use when the University is closed on November 21, this day […]

Read full story

Thanksgiving Holidays – Contingent II Exempt Staff

Towson University is closed for the Thanksgiving holiday from Wednesday, November 21, 2018, through Friday, November 23, 2018. Staff in departments that observe non-traditional work hours and schedules, or which perform essential functions, should discuss coverage with their supervisors. Below is a sample time sheet to use as a guide for the Thanksgiving holiday.  You […]

Read full story

Using the IVR to make dependent changes during open enrollment

Regular faculty and staff currently enrolled in the state of Maryland benefit plans make changes over the phone via the Interactive Voice Response (IVR) system by following the instructions in your open enrollment packet.  November 28 is the last day the IVR is available. There are special instructions for making dependent changes.  The instructions are noted in the left […]

Read full story

Open Enrollment Questions

Do you have open enrollment questions? There are many resources to help you navigate open enrollment: Review the open enrollment FAQ Email openenrollment@towson.edu Visit towson.edu/openenrollment Call the Office of Human Resources, at 410-704-2162, to ask a question or schedule an appointment for more detailed assistance

Read full story

Save more money for retirement!

The IRS announced the 2019 contribution limits for the voluntary retirement savings plans: Plan type                                                             Maximum employee contribution during CY 2019 401(k)/403(b) aggregate limit                      $19,000 457(b)                                                                   $19,000 Catch-up contributions                                  $ 6,000 (no change from 2018) (Age 50+) For more information on the voluntary supplemental retirement plans, please visit the retirement page of the OHR […]

Read full story

Don’t forfeit your leave! Info on 2018 leave & winter break 12-month Faculty, Regular Staff, & Librarians

As we near the end of the year, please review the important information below about 2018 leave, floating holidays, winter break and the leave audit.  This information and the Significant Date Calendar will help you manage your leave and safeguard you from forfeiting leave. 2018 Leave Personal leave and accrued holiday leave must be used […]

Read full story

2019 Health Benefit Rates

The 2019 health benefit rates remain the same with the exception of minor increases with Kaiser Permanente and Delta Dental. Kaiser rates increased 4.5% and Delta increased less than 1%. Regular faculty and staff enjoy an excellent benefits package and the University provides a generous subsidy toward the bi-weekly cost of medical, prescription, and dental […]

Read full story

Open Enrollment Update

As previously announced, the state of Maryland extended the date of open enrollment until November 28 because of a delay in delivering open enrollment packets. The open enrollment packets will be mailed to the home address of regular and contingent faculty and staff currently enrolled in benefits the week of October 29. Regular and contingent […]

Read full story

State of Maryland Extends Health Benefits Open Enrollment

Due to a delay delivering the open enrollment packets to all institutions, The State of Maryland has changed the open enrollment period to October 15 through November 28. The Office of Human Resources expects to receive the open enrollment packets in late October.

Read full story

Retirement Plan Contributions – Teachers’ Pension System and ORP Participants

Employer contributions for participants in the Teachers’ Pension System and the Optional Retirement Program (ORP) are made over 20 pays during the academic year.  Participants in these systems will receive the first contribution for the 2018-2019 academic year in the September 5, 2018 pay check.

Read full story

Save the date! Annual Health Benefits Fair Coming Soon

As we approach the health benefits open enrollment this fall, please save the date for the annual benefits fair Friday, October 12, 2018 UU-Chesapeake Rooms 10:30 am – 1:30 pm More information coming soon.

Read full story