Chief Human Resources Officers, As you are likely aware, there are changes forthcoming from the State Health Plan in January regarding its provider network and provider reimbursement policies. These changes, which are called “Clear Pricing” by the State Health Plan,...
Benefits
Follow-Up Contribution-Based Benefit Cap (Spiking) Request
Based on the amount of Contribution-Based Benefit Cap (CBBC – Spiking) obligations reported for the current fiscal year, we are reaching out and asking you to complete the attached spreadsheet with all of your institution’s spiking invoices. We want you to report...
G.S. 135-48.37A – SHP Wage Garnishment
It has recently come to our attention that a few schools have not responded timely to request by the State Health Plan (SHP) to garnish employee wages for overpayments made by the SHP. As such, are now being invoiced for those overpayments directly. Let me remind you,...
Governor’s Executive Order on Paid Parental Leave
We were notified this morning of an Executive Order from the Governor to be issued this afternoon that conveys a new paid parental leave benefit to employees of State Government executive agencies – these agencies are departments that report directly to the Governor...
Benefits Update: Network Meeting, SSO, The Standard
Please see the following updates: Save The Date: June Network Meeting – Thursday, June 27 – 1:00 to 4:00 pm via webinar. Will send you a separate calendar invite with the details. I expect to have someone from TSERS join this meeting to discuss the new changes to the...
UNC Optional Retirement Program Forfeitures for 2018
Please find attached information concerning the UNC Optional Retirement Program forfeitures for 2018. Please let me know if you have any questions. ORP Forfeitures 2018- Memo to Insitutions - FINAL Sent from Brian Usischon
Contribution-Based Benefit Calculator (TSERS Spiking)
Please find attached an updated Pension Spiking Worksheet that can be used to estimate your contribution-based benefit liabilities. This worksheet resides on the Cloud under the Training and Resources > Retirement folder and this updated version has been placed...
Follow-Up to ACA Reporting and ERSP Guidance
First of all, I’m sorry a few of our schools received an ESRP from the IRS, but am extremely appreciative of the work put into responding. As well, I was pleased to see that the overwhelming majority of errors were just data issues and not a result of measuring and/or...
2019 Universal Availability Notice
The 2019 403B Universal Availability Notice has also been updated and posted on UNC System’s website. Here is a link to the notice: https://myapps.northcarolina.edu/hr/benefits-leave/retirement/unc-403b/. I have also attached so that it can be used for distribution in...