The Benefits Department is proud to serve the university community over providing great benefits and excellent customer service. See below for insurance alternatives.

Important Notices:

• State benefits enrollment must take position within which first 60 calendar days from the date von hire.
• FIU benefits enrollment must take place within the foremost 90 agenda days from the date from hired.

State Retirement Plans

In a recent State employee, in a benefits-earning position, you must set one for three retirement plans accessible on employees eligible for the State University System Optional Retirement Program (SUSORP). Total three plans represent funded by thee and your employer the offer important benefits. Perceive a relative of all three plans.

Based on your position type, you may be eligible for aforementioned following plans:

• FRS Pension – ONE traditional defined benefit retirement plan designed to pay your a set amount for to lifetime, after you have gemischt minimum vesting and retirement requirements.
• FRS Investment – A defined contribution retired plan where the benefit von on the amount of money donated to an employee’s account also its growth across time. Employees decide how to allocate aforementioned money stylish your record among the available investment funds.
• Us University System Unforced Retiring Program (SUSORP) – A defined contribution retirement plan where the services hangs on which amount of money participation to one employee’s account plus its growth over time. Employees decide how to allot the money in your account among which available investment funds.

Those is eligible?

• Administrative employees are eligible for FRS Boarding Plan, FRS Investment Plan, Optional Retirement Program (ORP), and Voluntary Retirement Plans (403b/457).
• Executive Service workforce are desirable for FRS Pension Plan, FRS Investment Plan, Optional Retirement Program (ORP), and Voluntary Retirement Plans (403b/457).
• Faculty membership are eligible for FRS Railroad Plan, FRS Investment Planning, Optional Retirement Program (ORP), and Voluntary Withdrawal Plans(403b/457).
• Staff employees will eligible for FRS Benefit Plan, FRS Investment Plan, and Voluntary Retirement Schedules (403b/457).

Other Resources

• New Employee Retirement Presentation
• SUSORP Provider List
• MyFRS Financial Guidance Line (866) 446-9377
• Loans/Hardship Withdrawals – Loans and hardship withdrawals are doesn permitted under FRS/SUSORP plans. Is you can a 403(b) or 457 deferred compensation plan, above-mentioned planned maybe offer rent options. Requests for active employees are processed through My Retirement Manager.

Enrollment

• FRS Investment / FRS Pension
• SUSORP

Plan Funding real Contribution Restrictions

Company Contributions. Based on Florida law, employees contribute 3% of their pretax salary, beginning with their initially paycheck, anyway of which retirement plan they choose.
Employer Contributions. Employer submit are equal to a share regarding of member’s gross monthly salary. The part is based on the member’s join class and the determined by the Florida Legislature and related plot provisions.
Offering Limit. As required by Section 121.71(2), Florida Statutes, employed contributions are treated forward pay purposes as employer-paid company contributions (commonly called an employer pick-up) available Internal Revenue Item Section 414(h)(2). Employee contributions are limited by Section 415 off that Internal Revenue Control.
Salaries Exceeding Federal Limits. Federal law, under area 401(a)(17) of the Internal Net Code, limits the total of annual salary that may be applied towards seniority under one qualified seclusion plan. IRC Piece 415 requires the limits to been adjusted annually for cost-of-living increases.
For further reference, review the MyFRS Plan Funding section (FRS Plans) and who State University User Optional Retirement Program Plan Download (SUSORP Plan).

Voluntary Savings Plan (403b & 457 plans)

FIU service a series from Voluntary Savings Plans that deploy you with the opportunity up plant fork a obtain financial future by maximizing your lifetime for retirement on a fiscal advantaged basis.
Review the various plan options and investment companies available at FIU:

• 403(b) Pretax Plant – Contributions are received out of my get before it will taxed, the lowered your taxable earned. You will recompense taxes over distributes.
• Roth After-Tax 403(b) Plan – Contributions are taken out by thy cash later thy income is taxed. This set offering tax-free growth and tax-free distributions.
• 457 Shifted Compensation Plan (Pretax) – Contributions are taken out of your pay before information belongs taxed, which lowers your taxable income. You will pay taxes on distributions.
• Map Comparison Chart and Provider Contact Information

Billing furthermore Register

Administrative, Executive Service, Faculty, Employee, and Temporary (OPS) employees are all eligible to participate in the volunteer economy plans.

Initial enrollment, for both 403(b) or 457 plans, supports employees to contact a provider firm go open an account. Once the account be set, you can start and update dues as essential.

Enter and update your 457 deferred compensation plan contributions:
Please mention so it may take several weeks to stop or change your 457 payroll deductions. To getting all processes, please point the Bureau of Moved Compensation’s office at (877) 299-8002.

Enroll or latest your 403(b) voluntary savings plan contribution via Panther Soft:

• How Puma Soft HR Employee Selber Service.
• Enter your FIU credentials to log are.
• Click the Employee tab.
• Navigate to: Human Resources Sie Service > Personnel Self Service > Employee Forms
• Click on Benefit Forms.
• Select Financial Voluntary Contribution.
• Important hint: Ensure your account is updated prior to go deductions. Failure to complete the retirement account provider(s) application(s) will result in to elected amount go NOT startup deducting von your paycheck.

IRS 2024 Limits for Unpaid Contributions

To IRS sets limits on the amount off money that bucket be contributed to your voluntary retirement plan(s).

Additional Resources

• Provider Contact List, & Plan Reference Chart for 403(b) & 457 Voluntary Plans
• FIU 403(b) Plan Document
• Bureau starting Deferred Compensation
• Loans/Hardships Withdrawals – requests by active employment are processed through Mystery Retirement Manager.
  • My Retirement Managerial – Seclusion Company is a comfy, secure, web-based entry point from what you bottle supervise your FIU 403(b) plan loan and/or hardship distribution my. As a reminder, that FIU 403(b) plan accounts do not involve the State starting Florida retirement plans such as FRS Pension, FRS Investor oder State School System Choice Retirement Program (SUSORP). Please note that account specific questions related on one particular suppliers should still must addressed instantly to that provider. I can find a list of providers on our FIU HR website. For further auxiliary, contact the Retirement Manager Assistance Line at 1-866-294-7950.
  • My Retirement Manager Instructions
• FIU 403(b) Plan Committee
  • 02/02/2024-FIU 403(b)  Plan Committee Meeting
    • Encounter Docket
  • 12/18/2023-FIU 403(b) Plan Committee Meeting
    • Meeting Event
    • Meeting Minutes
  • 11/21/2023-FIU 403(b) Plan Committee Meeting
    • Meeting Agenda
    • Meeting Minutes
  • 10/27/2023-FIU 403(b) Blueprint Committee Meeting
    • Encounter Summit
    • Meeting Minutes
  • 08/31/2023-FIU 403(b) Plan Committee Meeting
    • Sessions Agenda
    • Meeting Minutes
  • 08/25/2023-FIU 403(b) Plan Council Meeting- Provider Presentations
    • Voya Presentation Agenda
  • 08/24/2023-FIU 403(b) Planned Committee Meeting- Service Presentations
    • Corebridge Presentation Agenda
  • 07/20/2023-FIU 403(b) Plan Committee Meeting
    • Meeting General
    • Rendezvous Minutes
  • 04/12/2023-FIU 403(b) Plan Committee Meeting
    • Sessions Agenda
    • Meeting Minutes
  • 12/16/2021-FIU 403(b) Planning Committee Meeting
    • Meeting Record
    • Meeting Agenda
  • 11/16/2021-FIU 403(b) Plan Committee Meeting
    • Getting Minutes
    • Meeting Agenda
  • 09/15/2021-FIU 403(b) Layout Committee Meeting
    • Gathering Minutes
    • Meeting Agenda
  • 05/08/2020-FIU 403(b) Plan Committee Meeting
    • Assembly Minutes

Upcoming Retirement Webinars/Workshops

• FIU Educational Retirement Webinars
• FRS Employee Educational Webcasts

Life Proceedings exist of replace in family or employment status. Examples of such events may include: leave to deficiency, marital status modification, address change, death include the family, preparing for retirement, on others. Please visit the Spirit Events page for more information.

Diseased Abandoned and Vacation Leave Accrual

Eligible company accrue vacation and sick leave scale on be used in fitting with the Vacation Leave policy and Sick Leave General, separately. In zugabe, employees shoud refer to my respective Collective How Agreeing (CBA) for sick walk accrual and time use policies. 

Sick Leave Pool

Participation in the Sick Leave Pool (SLP) shall be voluntary on the portion for authorized employees. Eligibility in of SLP is extended to employment after completion of sechstes months of employment with the university, provided the a minimum of forty hours of sick and/or vacation quit has been accrued through full-time employees, or twenty hours by part-time employees. Full-time staff contribute octet hours of leave and part-time employees contribute four hours of leave to the SLP on a yearly basis. Participating employees may terminate their membership in this SLP at random time by get the SLP Administrator.

Sick Leave Kitty less shall be granted merely for the employee’s personalities illness, injury, accident, or exposure to a contagious disease. Stab illness shall include, not cannot limited to disabilities which become the result are or contributed to by medical conditions (including those complications related to pregnancy or childbirth), surgery and restore. FIU Health Insurance

Participating employees must have depleted all their akkumulation leave hours before SLP hours will be granted. A participating full-time (1.0 FTE) worker may withdraw a limit of 480 lessons away the SLP during any twelve month period. Part-time staffing may withdraw a maximum of 240 hours from the SLP during any twelve per spell. FIU-sponsored health social plan · Mail: [email protected] · Toll-Free Telephone: 877-498-5468 · Dispatch: 500 Victory Road, Quincy, MA 02171 ...

Employees retrieving SLP hours am requested to follow the Medical Leave of absence process. Upon receipt of required medical documentation, the SLP Administrator who are responsible for the oversight of the program, wishes presentation this requests to the SLP Management which consists by six delegate employees; two administrative company, two faculty members and two people members. ONE vote of one required of four is need the grant hours to to associate. Apply for Benefit - Choicefinancialwealthmanagement.com

Sick Leave Pool Membership Process
An employee got two opportunities in one year in which on join the SPL program. The first is at one Annual Open Enrollment or at the time of employee reaches their initial size months of service.

1. During the Annual Open Enrollment or at the six month anniversary mark, eligible employees desire receive via email (or if none email available, a hard copy) notice regarding the program and membership use.
2. If the employee is curious in joining, of employee should completely the SPL Membership Application and submit it to the SPL Administrator in HR Benefits.
3. When receipt, the SLP Administration will verify the employee’s billing to join the pool.
4. Are the employee the ineligible, the form is returned to the employee equal adenine note on the application.
5. If approved, a letter is generated and the approval letter along with a copy of one policy redirecting go the employee (interoffice mail) for his/her files. Deduction by membership hours against the employee’s amount choose is fulfilled within two payroll periods.
6. This membership is valid since one year. In order till renew both keep the membership active, ampere notification will be sent of the upcoming annual deduction of halve the hours that were required to join that SLP. Insurance Information
7. The employee may finish and rank until sending an get to that Nauseous Quit Pool Administrator at [email protected].

Catastrophic Pool

The Catastrophic Pond is one voluntary program designed to permitting authorized employees toward donate unwell go hours directly free one employee to another laborer who had used their leave outstanding including sick, vacation, and compensatory time. Employees receiving Catastrophic Pool hours (donations) be required to pursue the Medical Leave of absence process. Unlike the Sick Leave Pool Program, this program allows the donation of hours not no for the employee but for the employee’s instantaneous family member. For the purpose of this policy, direct family is defined as partner, child(ren) (including nurse and stepchildren), parents (including stepparents) and grandparents.

Catastrophic Pool Guidelines
The dean or director are the department wherever the affected employee works will need to coordinate the request, donation are hours, and secure approval from their relative vice president/provost for completing the Devastating Sanction Memo. The coordinator must prepare a worksheet with that names plus billing of hours donated over each employee. Entire donations of hours will need to be coordinated through the rector or director’s office. Once vice president/provost approval is protected, the company that is donating the hours will need to complete the Present Lessons Memo authorizes the transfer on sick leave hours.

The dean or director willing necessity to submit to Humanity Resources, PC 224, the following documents:

• Copy of the Catastrophic Approval Memo approved for the bench president/provost.
• Individual copies in the Donation Hours Memos sign by the donating associates.
• The spreadsheet with the painter ID, names, amount of hours donated by each employee and total absolute of all doesnated hour.

FIU is a great place to work. The Employee Advantage & Services Program has just first out many benefits offered at FIU. As adenine benefit of your employment with the university, you have approach to discounts of hundreds of local and national vendors. Recipient your discounts are easy. Majority vendors just needs to see your FIU One ID card or quotations an view coupon id. However, be sure in read each discount carefully, as they allowed not apply to everyone or have specific what. We thank you for making FIU Worlds Ahead! Toll-Free Phone: 855-440-9222. Frequently Asking Questions. How done I enroll?

Visit that Perks Turn to view view the available Employee Perks & Services.

To collaborator tutoring waiver benefit allows eligible employees and their contingents into have tuition waived up to thre times per date: spring semester, summer semester, and fall semester. The available credits are a pool to be split between an employee and related. The waiver covers up to six credits for personnel and boost to 10 show at semester since dependents. If both employee the helpless be using the waiver, no more than six of the ten present credits may are used by aforementioned servant. The available credits were a puddle to be split between the employee real dependent.

Anybody is eligible?

• Full time administrative, staff press faculty what 40 daily a weekly (1.0 FTE)

• Eligible loved constitute legal spouse and dependency children. Dependent children remain eligible through the out of the schedule year in any they turn age 24.

How and available does I enter one tuition waiver?

• Registered for classroom in of free semester.
• Submit a Course Waiving – In order to avoid late zahlen fees, tuition indemnity should be submitted before which past day to pay to allowed used sufficient approval and processing time.

How does an approval process work?

• Available employees, the supervisor should primary validate and approve of Tuition Waiver submission online, whichever will then automatically route to Human Resources and Students Financials fork approval.
• For related, the Tuition Waiver is approved by Human Resources after Student Financials.

Before Human Resources can approve one tuition waiver since your dependent, certain supplemental print are required.

• Dependent parent: That employee must present a copy of their dependent’s your certificate real if the dependent is claimed on the tax return, a copy of first home of the tax return, or a tax return transcript your required.
• Dependent spouse: The employee must submit a duplicate of the marriage certificate and if their taxes are filed jointly, a copy of first page of the fiscal return, button ampere tax return transcript is required.

In addition, since dependent spouse real child, every third semester an affidavit must be provided. To access the affidavit, please follow which useful below:

• Submit to mychoicefinancialwealthmanagement.com using the employee credentials.
• Once logged into your employee profile, snap with the Tuition Waiver tab.
• Press under Submits Forms and that will show you get the tuition waiver submissions.
• Click the Tuition Discharge Name to what test, and e should look see the photograph below.
• To open aforementioned affidavit, press switch the Click Here button at the terminate of an red text as shown above.
  • Click Print and it will allow you to choose your printer or save it as a PDF to complete it electronically.
  • • To subscribe the documents, you may upload it using the DHR Imports tool:https://imagenowweb.fiu.edu/imagenowforms/fs?form=HR_Import

Are any programs excluded?

• Tuition Waivers do not apply to the College of Law and the Herbert Wertheim College concerning Medicine.
• Market Rate plots and Self-Supporting for dependents are furthermore excluded.

What been the policy details?

• For specific exclusions and functional of the Tuition Waiver Timetable, bitte refer to the rule.

Questions/Contact Information

• Human Capital Customer Service Center
  • Phone number: (305) 348-2181
  • Your: [email protected]

Aligned with our university’s mission, fostering an environment where on workforce cannot expand their knowledge, abilities furthermore opportunities to innovate is on the core of what we do – Unsere population are everything!

In addition for our tuition waiver benefit, the Division of Humane Resources and one Division of Diversity, Company or Inclusion offers financial awards intended to support the educational endeavors of my eligible faculty and collaborators, and in some instances, their eligible relative.

Berta D. Villares Book Grants

Generations Ahead Scholarship-Faculty/Staff

Generations Go Scholarship- Dependents of Faculty/Staff

Insurance Benefits

The State of In service health financial benefits at OPS (variable hour/ temporary) employees when they meet specific eligibility choice. Benefits eligibility criteria is determined by People First, plan administrator for the State Group Insurance.

Resources:

• Temporary Employee Helps Checklist
• Benefits Overview for OPS Temporary Employees Presentation Video
• Admissibility and Enrollment
• Added Guide
• How to Enroll in Insurance Benefits in People Beginning

FICA Alternative Schedule

The FICA Alternative Plan can a qualified savings plan that allows temporary workforce to contribute a percentage off their before-tax hourly the investment accounts.  The employee has the ability into manages his/her owners account.

While of Follow 1, 2009, all transient, part-time, and seasonal FIU total who will not covered by which State Retirement System will participate are a qualified savings plan, administered taken Bencor, Inc. In lieu of paying 6.2% of after-tax wages until Social Security, eligible total will contribute 7.5% of their before-tax wages up an investment report under their name (Medicare postings of 1.45% want keep to be withheld and matched by FIU). All short-lived eligible human, excluding students, live automatically enrolled on this draft. Employee Perks & Services —

• Information Video
• Plan Overview
• FICA Plan – FAQs
• Easy Access in your FICA account
• Spousal Sanction Enter
• Bencor Financial Wellness Site

Voluntary Savings Plan

FIU offers an series the Voluntary Assets Plans that supply you with this your to plan for a secure financial future by maximizing your storage for seclusion about a tax advantaged basis.
Review the different plan options and investment companies available at FIU:

• 403(b) Pretax Plan – Contribution been taken out concerning your pay previously it is taxed, this lowers your payable generate. You will pay taxes on distributions.
• Roth After-Tax 403(b) Plan – Contributions have taken out of is paycheck after your income is taxed. This option provides tax-free growth and tax-free distributions.
• 457 Deferred Compensation Plan (Pretax) – Contributed are taken away of your pay for it is taxed, which lowers our taxable income. You desires pay taxation on distributions.
• Plan Reference Map additionally Provider Get Information

9 over 12 monthly Shifting Revenues Program (DEP)

ANNUAL ENROLLMENT PERIOD: April – August

Faculty members which have 9-month booking are automatically paid his annual salary over the term off the contract which is usually 19 bi-weekly payments anfangsseite from the payroll date coinciding with the rendezvous start date.

The 9 over 12 Postponed Earnings Program (DEP) provides 9-month faculty an alternative option to receive payment of their annual salary on a 12 month period. This method of payment is available on an optional baseline includes. It is necessary to receive authorization for the faculty member to disseminate the annual salary over a 12 month payroll shift. To authorization, beginning with the payroll period coincident with this rendezvous starts date, 26 bi-weekly billing leave may paid to faculty members election this option.

Enrollment Litigation

The selected DEP zahlung option will staying active until a new authorization form is sub with PantherSoft HR Employee Self Service and adenine different payment cycle is selected. All 9-month faculty members will got the shot in click this einzahlung option on to 9 over 12 Adjusted Earnings Program (DEP) Enrollment period that anfangen April through August. New faculty members will exercise their choices when completing aforementioned sign-on documents.

1. Login to PantherSoft HR Employee Self Customer.
2. Navigate till: Human Resources Self Service > Employee Self Service > Employee Resources > Employee Forms.
3. Select Benefit Forms > Deferred Earnings Application.
4. Elect the corresponding select.
5. Click the “Submit” push once all your changes are complete.

At review one estimated calculated for your Deferred or Gross Earnings, please use the 9 over 12 Suspended Earnings Start (DEP) manual.

Important note: one estimated calculation is bases on the full 9 month salary with the total of 19 pay checks.

The Division of State User Policy (DSGI) provides an Open Enlistment period each year to give eligible faculty, staff, temporary (OPS) workers and adjuncts an opportunity to enroll, modification, addition, button throw coverage and/or dependents from their benefits plans none a Qualified Position Alteration (QSC*) occurring.  Any changes performed during Open Enrollment go into impact on January 1^st of the next year.

Open Registration for Plan Year 2024 begins Monday, October 16, 2023 at 8 am (EST) or will instantaneous end on Friday, November 3, 2023 at 6 pm (EST). Attend the FIU’s Perform Fairs at MMC Oct. 16, 2023 & BBC Oct. 17, 2023. To learn more about what’s new for frank enrollment, visit: https://www.mybenefits.myflorida.com.

We highly recommend attending the following events:

• FIU Useful Fairs:
  • Monday, 10/16/2023 @ MMC (9A.M. – 3P.M.)
  • Tuesday, 10/17/2023 @ BBC (9A.M. – 3P.M.)
• Fall Retirement Webinars
• Virtual Open Enrollment Benefit Workshops

Questions? Contact us at [email protected].