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 Values The 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 FIRST These are the people who make our work possible. ACCOUNTABILITY We are each responsible for our overall success. DIVERSITY Each individual brings value to our efforts and results. INTEGRITY Our principles and standards are never compromised. EXCELLENCE Outstanding quality is the hallmark of our work. INNOVATION We advance so others can benefit from our leadership. RESPECT The 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 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 1 st or 16 th 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 StateORP Type 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 Are Determined 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 State contributions, income, expenses and investment gains and losses. ContributionsYou must contribute 7% of your salary.Employer contributes 7.25% of your salary. Investment Management 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 invest your account among your vendor’s investment options. You bear all investment risk. Vested Retirement Allowance 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 vested in your total account balance. Benefits may begin upon separation from employment. A federal penalty tax may apply. PortabilitySRPS 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 Fidelity Investments Maryland Supplemental Retirement Plans

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 Office of Human Resources via phone: Phone (301) Fax (301) Hard copy, inter-office mail: Human Resources, Adelphi

Questions???