SPOTLIGHT ON MASON
Posted March 7, 2014
TIAA-CREF Presenting on Retirement Savings in Spanish
Posted January 30, 2014
Health and Flex Open Enrollment Dates Announced
Posted January 16, 2014
New Recordkeeper for the 457 Deferred Compensation Plan
Any change made in one month will be effective on the 1st day of the following month (e.g. a change made in January will go into effect on February 1 and will show on the February 16th pay check). Please note that any time employees wish to change, stop or start deductions, they will need to call ICMA-RC prior to the month in which the change goes into effect.
Please contact Benefits at firstname.lastname@example.org or 703.993.2600 with any questions.
Posted January 16, 2014
Additional Leave Hours
Just before winter break, the Governor granted an additional 4 hours of holiday leave for Tuesday, December 31, 2013. Because Mason was already closed for winter break, the 4 hours have been added to eligible employee’s leave balances as a special flex holiday. The hours can be used through December 24, 2014.
Posted January 15, 2014
W-2s are Available Online: Download Yours Now!
Please contact the W-2 Hotline at 703-993-2311 or email@example.com should you have questions.
For those who do not download an electronic copy, paper W-2 forms will be mailed no later than January 31, 2014. Please remember: You must ensure that your Permanent Mailing Address is accurate in Patriot Web Self Service.
Posted January 14, 2014
Employee of the Month
Posted December 12, 2013
2014 Tax Implications for Employee Graduate Tuition Waiver
Tuition waivers for employees in undergraduate programs are not impacted by this change.
Additional information is available in IRS Publication 970, Chapter 11.
If you have any questions, please contact Mira Halilovic at 703.993.2625 or firstname.lastname@example.org.
Posted December 11, 2013
VRS Hybrid Plan Information Session Available Online
In-person sessions have also been scheduled. For dates, times, and locations, please visit http://hr.gmu.edu/learning and click on the "Course Calendar" tab. The next in-person session is scheduled for Thursday, January 9 to be held in Fairfax and videoconferenced to Arlington and Prince William.
Posted November 25, 2013
VRS Hybrid Plan and Changes to the 457 Record Keeper
• all new classified staff who are hired January 1, 2014 and after as they will be automatically enrolled in the Hybrid Plan;
• all new faculty hired January 1, 2014 and after as they will choose between the Optional Retirement Plan (ORP) and the Hybrid Plan;
• all current VRS members, as they will have the option to change to the Hybrid Plan during an opt-in period from January 1 – April 30, 2014.
At the same time, the record keeper for 457 accounts (both supplemental accounts and the defined contribution portion of the Hybrid Plan) will be changing as of January 1, 2014 from ING to ICMA-RC. For current faculty and staff who have supplemental 457 accounts, your investment options will not change, only the vendor who manages the account.
HR & Payroll is holding information sessions on the new Hybrid plan and the move to ICMA-RC. For details, please visit http://hr.gmu.edu/learning. We plan to have a video version of the session online shortly.
You can also learn more about the plan directly from VRS. If you have any questions, please call 3.2600 and ask for the Benefits Team or email them directly at email@example.com.
Posted November 4, 2013
Retirement Tax Savings Limits for 2014
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