1. YOUTH & FAMILIES AGRICULTUREHEALTHECONOMYENVIRONMENTENERGY COMMUNITIES Retirement Planning

2. Defined Benefit Plan (PERS, CSRS, FERS) Participant receives a specific monthly benefit at retirement. Benefit calculated through a formula based on participants salary and service. Not required to make investment decisions. Referred to as a fully funded pension plan.

3. Defined Contribution Plan (TIAA-CREF) Benefits are based on the amount contributed, affected by income, expenses, gains and loses. No promises of a set monthly benefit at retirement. Examples 401(k) plans, 403(b) plans, employee stock ownership plans and profit sharing plans.

4. Public Employees Retirement System Civil Service Bargaining Unit Hourly

5. Extension Faculty Hired before 1988 Civil Service Retirement System Federal Employees Retirement System

6. WSU Retirement System (TIAA-CREF) Administrative Professional Extension Faculty Hired After 1988 CAHNRS Faculty

7. Public Employees Retirement System PERS 1 –Any age with 30 years of service credit –Age 55 with 25 years of service credit –Age 60 with 5 years of service credit

8. Public Employees Retirement System PERS 2 –At age 65 with five years of service –Or an actuarially reduced benefit at age 55 with 20 years of service PERS 3 –At age 65 if vested –Or actuarially reduced benefit at 55 with 10 years of service credit (defined benefit portion)

9. Civil Service Retirement System(Federal) Age 55 with 30 years Age 60 with 20 years Age 62 with 5 years

10. Federal Employees Retirement System Minimum retirement age with 30 years Varies between 55 years and 57 based on year of birth Age 60 with 20 years Age 62 with 5 years

11. Retirement Eligibility—TIAA-CREF Age 62 Age 55 with 10 years Or drawing a benefit

12. Tax Deferred Annuities State Deferred Compensation TIAA-CREF Thrift Savings Plan (CSRS/FERS only)

13. Continue in retirement if you meet retirement requirements Monthly Cost for Uniform Plan (employee and spouse) HealthDental Prior to 65$848.41$83.38 After 65$333.95$83.38 State Health Insurance

14. Federal Health Insurance Must be enrolled for 5 years prior to retirement in order to take into retirement Pay the same rate as employee Blue Cross Blue Shield monthly rate Employee$152.06 Family $356.59

15. Medicare Eligibility Age 65 All WSU employees are contributing Apply before 65 th birthday, no matter employment status (retired or employed)

16. Things to do in preparation for retirement Find your birth certificate Find your marriage certificate Meet with Benefits Counselor Attend a Pre-Retirement Counseling Session

17. Emeritus Status—Eligibility Tenured faculty Age 60 with 10 years of service at WSU or Completed 25+ years of service to WSU, AND have held an eligible rank at WSU for a period of at least 5 years prior to leaving WSU.

18. Benefit Services—PERS, TIAA-CREF Ann Monroe –(509) 335-3590 –monroea@wsu.edu

19. TIAA-CREF Kirkland Office 1-877-209-3142 National Office 1-800-842-2252 Counseling Sessions (individual and group) County employees can access at community colleges

20. Department of Retirement Systems (PERS) (360) 664-7000 or toll-free (outside the Olympia area) 1-800-547-6657 http://www.drs.wa.gov/

21. Federal Retirement—CSRS and FERS Becky Priebe –(509) 335-2842 –priebeb@wsu.edu

22. Federal Office of Personnel Management www.opm.gov Thrift Savings Plan www.tsp.gov

23. Annual Leave Payment Defined Benefit usually better to take a lump sum Payment. –Extra months of service usually do not increase benefit Defined Contribution usually better to run out leave. –Continue health coverage –WSU match

24. Sick Leave Incentive Program Annual Attendance Incentive –480 hours –Payment of 25% of unused leave for the year –Leave balance reduced by 100%

25. Sick Leave Incentive Program--VEBA Voluntary Employee’s Benefit Association Medical Expense Plan (at retirement or death) –Payment of 25% of unused sick leave into a tax exempt account

26. Sick Leave Incentive Program--Eligibility Civil Service/Bargaining Unit Administrative Professional Faculty with teaching or research responsibilities excluded Extension faculty hired before 1999 with 50% or more Extension Appointment

27. Employment at WSU After Retirement 40% rehire is not a right Phased retirement Reemployment after retirement

28. YOUTH & FAMILIES AGRICULTUREHEALTHECONOMYENVIRONMENTENERGY COMMUNITIES Staffing

29. Types of Employees 603Faculty 309Administrative Professional 320Civil Service/Bargaining Unit 616Hourly 276Graduate Assistants

30. Faculty Receive benefits if 50% for more than 6 months Appointments in excess of 2 years require a search Salary negotiable Minimum requirement—master’s degree

31. Administrative Professional Administrative Professional (AP) positions perform administrative, managerial, and professional duties. Positions are exempt from coverage of the state of Washington Civil Service System. Defined by RCW 41.060.070

32. Administrative Professional WSU Human Resource Services audits each position to determine: –if it meets these related criteria and –is in compliance with the FLSA. State funded positions require an exemption from hiring freeze (Approval by Assoc VP, VP, and President) –Position is critical to the operation of the unit.

33. Administrative Professional Extension or Continuing Education – responsible for originating and developing formal education programs for the general public usually in close contact with faculty and staff or training or consulting with community groups to enable them to provide specialized training and/or service to the community.

34. Administrative Professional Emergency hire for up to two years without a search. –Exemption from hiring freeze—state funded positions –Position audited by HRS –HRS review to determine incumbents qualifications Appointments in excess of 2 years require a search—through Lisa Clyde, EEO Coordinator

35. Administrative Professional 50% or more for minimum of 6 months Salary is negotiable, but must meet certain minimums Minimum of $36,000 to be exempt from overtime

36. Civil Service/Bargaining Unit 50% or more for a minimum of 6 months Employee on probation for 6 months, then becomes a permanent employee. Position audited by HRS, open search Salary based on grid

37. Civil Service/Bargaining Unit Instruction & Classroom Support Technician Minimum Maximum 1 $31,176.00$40,524.00 2$35,040.00 $45,828.00

38. Civil Service/Bargaining Unit—Hiring Steps Exemption from hiring freeze Position audited by HRS Position posted on HRS web site https://www.wsujobs.com https://www.wsujobs.com HRS Screens candidates and makes applications available to hiring official

39. Hourly Can work up to 1,050 hours in a year. Year begins when employee begins Submit hours on a pay period basis

40. Hourly—Health Insurance Work 480 hours or more over a consecutive 6 month period become benefit eligible at the beginning of month 7. An employee must report a minimum of eight hours in month 7 to receive the insurance benefits.

41. Hourly—Health Insurance After establishing eligibility, if an employee does not work a minimum of eight hours in any month, the employee will lose benefit eligibility and must reestablish eligibility by working a minimum of 480 hours or more over a six consecutive month period.

42. Hourly—Health Insurance Effective June 1, 2008, HRS will no longer apply a continuous rolling look-back for employees who lose eligibility for benefits. In order to become eligible again, they would need to work 480 hours over a new look forward 6 month basis.

43. Hourly Cannot terminate an hourly employee because they become eligible for health insurance.

44. Hourly Procedures For forms go to http://bfo.cahe.wsu.edu/personnel/tempemployment/index.htm http://bfo.cahe.wsu.edu/personnel/tempemployment/index.htm Submit forms to Linda Loos at loosl@wsu.edu or Maureen Stephens at mstephens@wsu.edu for FSNEP loosl@wsu.edu mstephens@wsu.edu Submit Daily Activity Reports to Business and Finance Office

45. Public Affiliate Non-WSU Extension personnel, with a 50% or more appointment Become more "formally" affiliated with WSU. Allows access to budgets, handling money, obtain a WSU Network ID, WSU email, campus directory, I-9 verification

46. Public Affiliate Encouraged to become public affiliates to have consistent email addresses for marketing purposes while sending out Extension information. Three year appointments

47. Change in Procedures Linda Loos and Vickie Parker-Clark are contacts for creating and hiring positions Maureen Stephens for Food Sense positions –Always let District Office know of ALL Hires

48. Directory CAHNRS WSU Extension Directory https://cahnrsdb.wsu.edu/directory/ Let Linda Loos know if information needs to be updated Global Directory—Contact BFO to correct