Category Archives: Open Enrollment

MI CUPA-HR Conference

Michigan Tech Hosts Conference in Mackinaw City

 

The 2015 Michigan College and University Professional Association for Human Resources (MI CUPA-HR) Conference was hosted by Michigan Technological University September 17-18 in Mackinaw City, MI.

 

This year’s theme People, Process, and Performance:  Bridging the Gap brought together nearly 100 Human Resources professional from 17 different Michigan colleges and universities to share their expertise and energy.   Conference participants attended sessions covering a wide array of topics including Employee Engagement, Wellness Initiatives and the Future, Proposed FLSA Regulations, Conflict Resolution, and Negotiating in Today’s World.  Of particular interest was a session presented by Michigan Tech’s Kerri Sleeman, Executive Director, Facilities Management and assisted by Heidi Reid, Employment Services Representative, Human Resources, titled “Digital Negotiations and the HR Impact”.

 

They were also motivated by keynote speaker, Ken Trazska – President of Seward County Community College/Area Technical College in Kansas, who spoke on creating an inspiring, connected, and respected HR Culture.  Networking opportunities were abundant throughout the conference including a breathtaking Sunset Boat Cruise.

cupapic2cupapic1

Benefit Open Enrollment Now Open

Open enrollment is your opportunity to assess your individual and family needs and make changes to your benefit package selections. This would include changing health plans, adding/removing a dependent, electing to contribute to a health savings account or flexible spending account or changing any other benefits such as life or disability benefits. If you want to continue your current elections in 2015, you do not need to take any action.

Here is a brief summary of 2015 benefits:

  • There is no change in retirement benefits for 2015; Michigan Tech will continue to match up to 7.5% of your salary that you decide to save for retirement. Tax deferred as well as Roth options for 403b and 457b plans are also available without a match should you wish to save more for retirement. Keep in mind there are IRS maximums you are allowed to contribute.
  • There is no change in life insurance, dependent life insurance, voluntary accidental death and disability, short term disability and long term disability.
  • Tech will continue to offer both the PPO and HDHP health insurance plans. For the PPO plan, the premium will increase from $112 to $114 per person per month.
  • The HDHP will continue with no monthly premium, but you will need to decide what amount if any, you put in your tax sheltered Health Savings Account to cover health care deductibles and co-pays. Keep in mind that any amount you save in your HSA that is not used, is carried over to future years, even into retirement.
  • Eyecare and Dental coverage remains unchanged.

Please plan to explore and evaluate your benefit options and cost during at an Open Enrollment educational session.