• For the next hour we will discuss:– Core Values– Human Resources

Forms– Health Benefits– Retirement Benefits– Tuition Remission

Benefits– Answer Questions

Welcome to UMUC

But First… Let’s Get to Know Each Other!

• Tell us your name

• What department you will be working in

• One fun fact about yourself

Our Core ValuesThe Core Values reflect UMUC’s central and enduring tenets—a set of principles to guide institutional and individual professional behaviors. At

UMUC, the way we do things is as important as the things we do.

• STUDENTS FIRSTThese are the people who make our work possible.

• ACCOUNTABILITYWe are each responsible for our overall success.

• DIVERSITYEach individual brings value to our efforts and results.

• INTEGRITYOur principles and standards are never compromised.

• EXCELLENCEOutstanding quality is the hallmark of our work.

• INNOVATIONWe advance so others can benefit from our leadership.

• RESPECTThe rights and feelings of others are always considered.

Human Resources Forms

• New Hire Letter

• Accounting of Service Time

• Employee Eligibility Verification and Authorization

Form (I-9)

• W-4 Form

• Direct Deposit Form

• UMUC Confidentiality of Institutional Data Agreement

• MD Substance Abuse Policy

• UMUC Policy of Computer Use

• E-Mail Guidelines Policy

• Personal Information Form

Timesheet and Holiday Schedule

• FY 2012 Payroll Schedule

• 2012 Holiday Schedule

Health Benefits

• You have 60 days from your hire date to enroll in health benefits

• You are eligible as of your first day• Retro-active adjustments• Regular Status Employees & 12 Month Faculty

• Bi-weekly payroll deductions• Effective date either the 1st or 16th of the month

• Contingent II Status Employees• Pay directly to DBM (no payroll deductions)• Pay full cost of health benefit• Receive stipend for health benefits

Retirement Benefits

•MD State Pension System

•Optional Retirement Plan (ORP)

•Supplemental Retirement Annuity (SRA)

State Retirement Plan vs. Optional Retirement Plan

State ORPType of Program

Defined benefit plan provides a determinable benefit based upon your salary and service.

Defined contribution plan provides a benefit based upon your accumulated account balance.

How Benefits AreDetermined

Benefits are calculated using a specific formula that takes into consideration a fixed percentage of your years of creditable service and average final compensation.

Benefits are based on your ORP account accumulation, which consists of Statecontributions, income, expenses and investment gains and losses.

Contributions You must contribute 7% of your salary. Employer contributes 7.25% of your salary.

InvestmentManagement

The SRPS assets are invested by professional investment managers chosen by the SRPS Board of Trustees. You do not bear any investment risk.

You choose one of the investment vendors when you join the plan. You may investyour account among your vendor’s investment options. You bear all investment risk.

Vested RetirementAllowance

You are fully vested after completing 10 years of eligibility service. Benefit payment may commence at age 65 or reduced payments may commence as early as age 60 with 15 years eligibility service.

You are immediately fully vestedin your total account balance. Benefits may begin upon separation from employment. Afederal penalty tax may apply.

Portability SRPS benefits are transferable among certain governmental plans within the State of Maryland.

ORP accounts may be transferable to a broader array of other employers’ retirement programs.

Supplemental Retirement Annuity (SRA) Plans

• Employee contributes specified dollar amount per pay period

• May enroll at any time

• Enrollment package is separate from Optional Retirement Plan

• Employee manages how funds are invested

• Vendors are

• TIAA-CREF www.enroll.tiaa-cref.org/usmd• Fidelity Investments www.mysavingsatwork.com/atwork/umd• Maryland Supplemental Retirement Plans www.msrp.state.md.us

Tuition Remission Benefits

• Eligible for up to 8 credits per semester (Spring, Summer, & Fall)

• Regular Status Employees may attend any of the USM Institutions

• Contingent II Employees will receive tuition remission only at UMUC or UMCP

• UMUC Spouse/Dependent Scholarship

List of Eligible Institutions

• University of MD College Park• University of MD Baltimore• University of MD Baltimore

County• University of MD University

College• University of Baltimore• University of MD Eastern Shore• Baltimore City Community

College

• St. Mary’s College• Coppin State University• Bowie State University• Frostburg University• Salisbury University• Morgan State

University• Towson University

How To Contact Us

Benefits via email:Benefits@umuc.edu; diane.carter@umuc.edu; clare.murray@umuc.edu

Office of Human Resources via phone:Phone (301) 985-7990

Fax (301) 985-7951

Hard copy, inter-office mail:

Human Resources, Adelphi

Questions???