Lump Sum Leave Payouts for Terminated Employees
|
|
|
- Ellen Cannon
- 6 years ago
- Views:
Transcription
1 Lump Sum Leave Payouts for Terminated Employees 1
2 Terminal Leave - Definition Faculty/academic staff who have completed 10 or more fiscal years of continuous service may convert up to 40 hours of unused leave to an Annual Leave Reserve Account (ALRA) at the end of the fiscal year. Classified/University staff, dependent on their number of years of service, may transfer a certain amount of unused annual leave to sabbatical or banked leave at the end of the calendar year. The banked leave does not expire and accumulates from year to year. At the time an employee retires or terminates employment, he or she may elect to receive a lump sum payment of the ALRA or sabbatical account balance. 2
3 Terminal Leave Effective July 1, 2016, UW System is implementing a change in accounting for and paying lump sum terminal leave. Moving away from Cash Basis to developing a Pool for lump sum payments Creation of Terminal Leave Allocation/Pool Account Terminal Leave rate will be charged on all funding strings associated with salary payments Excluded are stand alone GPR and the related PR funds: Wisconsin State Laboratory of Hygiene (WSLH) - Funds 117, 127, 130 Wisconsin Veterinary Diagnostic Lab (WVDL) - Funds 126, 165, 166 Pooled in a newly formed campus-wide account Pooled account will house lump sum funds until the unused leave benefits are paid out 3
4 Terminal Leave - Current Currently, the University treats payments for unused leave on a cash accounting basis. Issues with our Current Method: Employees having large accumulated balances can inhibit movement of the employees across units due to reluctance to hire employees with large balances they may need to fund at termination. Many units lack resources/flexibility necessary for substantial payouts: When funding is General Purpose Revenue (GPR), the source is certainly allowable, but having enough unused GPR funds to cover these payouts is challenging for most units. When funding is on a grant or sponsored project, the current method is compliant with the Uniform Guidance; however requiring short term funds to pay for these long term liabilities is arguably not an appropriate use of the funds. Per GAAP accounting rules, leave benefits should be recorded as a liability at the time the benefit is earned. 4
5 Terminal Leave - Future Effective July 1, 2016, the University will charge a leave benefit rate at the time annual leave is earned and record the leave benefits as a liability. Rate will be calculated based on a three year average of lump sum payouts. FY 2017 Rate based on FY Academic % University Staff % Any positive or negative recovery would be taken into account in the development of future rates. The rate will be charged monthly on all funding strings associated with salary payments (excluding WSLH and WVDL) and pooled in a newly formed campuswide project, AAB1163. The pool will house the funds until unused lump sum leave benefits are paid out. New accounts have been created for the payments only to be used on AAB Faculty Terminal Leave Lump Sum 1056 Academic Staff Terminal Leave Lump Sum 1545 University Staff Terminal Leave Lump Sum 5
6 Terminal Leave - Future Terminal Leave Allocation for All Funds Sponsored Projects Funds 133,135,142,144,161,233 Terminal leave rate will be included in the fringe rate. Existing fringe allocation process will charge sponsored projects on account and credit the Fringe Pool ( , , etc.) 2 nd allocation process will transfer terminal leave % from Fringe Pool to Terminal Leave Pool AAB1163 All other funds (excluding 117, 126, 127, 130, 165, 166) New monthly charge for Terminal Leave Allocation Allocation will charge non-sponsored funding on new account 3960 (Transfers Term Leave Allocated) and credit the Terminal Leave Pool AAB1163 6
7 Funding Lump Sum ALRA and Sabbatical Terminal Leave Payouts KB ( provides detailed information on funding entry to charge ALRA and Sabbatical terminal leave payouts to a specific fund. Sample entry:
8 Terminal Leave Allocation Flow Chart Non-Sponsored 8
9 Terminal Leave Allocation Flow Chart Sponsored 9
10 Terminal Leave - FAQs Lump Sum vs. Extended Time on Payroll? Policy approved by CBO s covers lump sum payments only. Per UWMSN Vacation Policy employees get to choose lump sum or extension on payroll while using up ALRA/sabbatical. Policy: Section VI.a. An employee who terminates employment or retires is eligible to receive a lump-sum payment for any remaining vacation and/or banked vacation hours. If the termination is not the result of layoff or termination for cause, UW Madison will allow employees to extend their termination date beyond the last day worked by the amount of their vacation and/or banked vacation hours. Employees may also elect to use some leave to remain on payroll and receive the rest as a lump sum payment. 10
11 Terminal Leave Implementation Strategy Department of Health & Human Services - Notified by RSP in letter dated November 30, 2015 System-wide policy development in process Service Center - Configuration for payouts - HRS KB documents - Future affinity group calls - Communication and instruction for HR staff 11
12 Terminal Leave Questions Received Is this intended to pool for all terminal leave? No, only lump sum payouts. Based on most recent three years 0.26% for academic personnel and 0.33% for university staff. Will this change the way campus units report accrued liabilities for terminal leave, for example auxiliary units? Terminal leave rate intended to cover one year of lump sum payouts Liability should remain Other Questions? 12
Financial Management Meeting April 14, Kaminsky Bucky Dekker
Financial Management Meeting April 14, 2016 Kaminsky Bucky Dekker 1 Financial Management Meeting Agenda Welcome & Introductions Introduction and Overview Office of Internal Audit Amanda Nehmer 15 mins
Revision Date: Issued Date: May 2016
University of Wisconsin System SFS Accounting Manual Category: General Ledger - Allocations Task or Process: Terminal Leave Allocations Effective Date: July 1, 2017 (updated as needed) Revision Date: Issued
UW System Administration Office of Budget and Planning Annual Budget Allocations and Guidelines
Budget & Planning 780 Regent Street, Suite 237 Madison, Wisconsin 53718 (608) 263-4422 (608) 265-2090 Fax e-mail: budget@uwsa.edu website: http://www.uwsa.edu March 6, 2014 Via E-Mail Only To: From: Re:
GENERAL ACCOUNTING. Advance Fee Collections. Inter-Unit Journals (IUJ) Assessments and Distributions. Delegation Agreements
GENERAL ACCOUNTING Advance Fee Collections Inter-Unit Journals (IUJ) Assessments and Distributions Delegation Agreements SFS to DOA STAR Coding Conversion Terminal Leave Allocations Refund of Expenditure
IMRF EARLY RETIREMENT INCENTIVE (ERI) January 20, 2007
IMRF EARLY RETIREMENT INCENTIVE (ERI) January 20, 2007 1 Benefits of an ERI to the City Allows the City to save fringe benefits and payroll costs by providing long term employees an incentive to retire
Voluntary Reassignment of Formerly Classified FLSA-Exempt Employees to Academic Staff/Limited Appointment Positions
The University of Wisconsin System UPS OPERATIONAL POLICY: TR 3 SUBJECT: Voluntary Reassignment of Formerly Classified FLSA-Exempt Employees to Academic Staff/Limited Appointment Positions Original Issuance
Calendar Year Fiscal Year (July 1 June 30) No Change
Benefit and Leave Changes under UPS This document summarizes the notable policy changes for benefits and leave that will take effect as a result of UPS. The document is intended for reference only. Vacation
FLEXIBLE RETIREMENT OPTION (FRO) FOR DARTMOUTH COLLEGE FACULTY PROGRAM DESCRIPTION
FLEXIBLE RETIREMENT OPTION (FRO) FOR DARTMOUTH COLLEGE FACULTY PROGRAM DESCRIPTION Table of Contents Introduction 3 Purpose of the Option 3 Eligibility and Plan Design 3 Salary 3 Election of FRO between
Special Incentive Plan for Conversion of Faculty to 9-Month Base Appointments
Special Incentive Plan for Conversion of Faculty to 9-Month Base Appointments 1 Purpose and Goals: The purpose of the Special Incentive Conversion Plan is to provide flexibility for certain faculty to
HOWARD UNIVERSITY FY11 SALARY INCREASE POOL FREQUENTLY ASKED QUESTIONS (FAQs)
HOWARD UNIVERSITY FY11 SALARY INCREASE POOL FREQUENTLY ASKED QUESTIONS (FAQs) Part I FACULTY SALARY INCREASES Effective July 1, 2010, a salary pool will be created to award a 3% across-the-board salary
UCPath at UCLA. Composite Benefit Rates (CBR) & Vacation Leave Accrual (VLA) Implementation
1 UCPath at UCLA Composite Benefit Rates (CBR) & Vacation Leave Accrual (VLA) Implementation 2 UCPath Effective Dates Monthly Paychecks: - Pay Period 9/1-9/30 - First Monthly Paycheck 10/01/2018 Bi-Weekly
Research Administrators Forum November 10th, Marcia Smith Associate Vice Chancellor for Research
Research Administrators Forum November 10th, 2016 Marcia Smith Associate Vice Chancellor for Research Agenda Welcome and Announcements - Marcia Smith ORA Move Update December RAF Canceled OCGA & CFS Composite
SUMMARY OF KEY CONTRACT TERMS:
UCPEA is UConn s largest full-time bargaining unit with nearly 1900 members. UCPEA represents non-teaching professionals at all UConn locations other than UConn Health. UCPEA has members in virtually every
Direct Charging vs. Fringe Benefit Rates and the Process of Changing to a Fringe Benefit Rate Methodology. Deston Halverson Huron Consulting Group
Direct Charging vs. Fringe Benefit Rates and the Process of Changing to a Fringe Benefit Rate Methodology Deston Halverson Huron Consulting Group Agenda Direct Charging Fringe Benefits verse Fringe Benefit
Budget & Planning. Chief Business Officers Budget Officers. Renee Stephenson, Director Office of Budget and Planning
Budget & Planning 780 Regent Street, Suite 237 Madison, Wisconsin 53715-1233 (608) 263-4422 (608) 265-2090 Fax e-mail: budget@uwsa.edu website: http://www.uwsa.edu March 27, 2015 Via E-mail Only To: From:
Campuswide Benefit Decentralization Implementation Process
DRAFT--ISSUE REPORT January 18, 2012 Campuswide Benefit Decentralization 2012-13 Implementation Process TERMINOLOGY Unless otherwise stated, the term unit is intended to refer to the primary campus organizational
HRS Coordinators. October 8, :30 p.m. Room 1106/1108, 21 N Park UNIVERSITY OF WISCONSIN MADISON
HRS Coordinators October 8, 2015 1 2:30 p.m. Room 1106/1108, 21 N Park UNIVERSITY OF WISCONSIN MADISON Agenda Introductions ACA and Lump Sums Rehired Annuitant Process and Forms Training Update Communities
HRS Coordinators. September 10, :00 p.m. Room 1106/1108, 21 N. Park UNIVERSITY OF WISCONSIN MADISON
HRS Coordinators September 10, 2015 1 2:00 p.m. Room 1106/1108, 21 N. Park Agenda Introductions HR Design FLSA Choice Leave Balances Lump Sum Codes HRS Duplicate Employee IDs Order of Terminations Missed
PPSM II-71 Senior Management Supplemental Benefit Program
PPSM II-71 Senior Management Supplemental Benefit Program Administrative note: The President is no longer recommending or approving participation in the Senior Management Supplemental Benefit Program for
Resource Allocation Charter Document
Resource Allocation Charter Document v8 Updated: September 12, 2012 Team Name Resource Allocation Executive Sponsors Business Process Owner(s) Governance Objectives - Chancellor - Provost - Vice Chancellor
Oklahoma State University Policy and Procedures
Oklahoma State University Policy and Procedures FACULTY SICK LEAVE 2-0113 ACADEMIC AFFAIRS October 2005 PURPOSE AND SCOPE 1.01 A consistently applied plan for faculty sick leave is recognized as desirable
UW-Madison Cost Transfers
UW-Madison Cost Transfers Policies and Practice Agenda Background What is a cost transfer? What are the different types of cost transfers? Why would I need a cost transfer? Why should I avoid cost transfers?
State Group Health Insurance Opt-Out Incentive Process
2015 Wisconsin Act 55 created s. 40.513, Wis. Stats., which provides eligibility for a stipend of up to $2,000 (Opt-Out Incentive) if an employee opts out of State Group Health Insurance coverage using
CalSTRS and the Adjunct Faculty
CalSTRS and the Adjunct Faculty Adjunct Faculty Retirement Options at Santa Monica College All public employees must be in a retirement program CalSTRS Defined Benefit Program available to all adjunct
BERKELEY EXCELLENCE ACCOUNTS FOR RESEARCH (BEAR) INFORMATION FOR FACULTY AND ADMINISTRATORS September 2014
BERKELEY EXCELLENCE ACCOUNTS FOR RESEARCH (BEAR) INFORMATION FOR FACULTY AND ADMINISTRATORS September 2014 This document is largely drawn from the April 2014 policy statement concerning the BEAR program,
Frequently Asked Questions BAPTIST HEALTH My PTO Time
Welcome to the new Baptist Health My PTO Time! We are excited about modernizing and standardizing our leave benefits and have prepared the following FAQs in the hope that they will answer most of the questions
HRS Coordinators. May 22, :30 p.m. Room 1106/1108, 21 N. Park UNIVERSITY OF WISCONSIN MADISON
HRS Coordinators May 22, 2014 1 2:30 p.m. Room 1106/1108, 21 N. Park Agenda Data Security Separation of Duties Prepays Pay Plan Load and HRS Entry Summer Hires Summer Out of Country Payroll Audit Recommendations
FREQUENTLY ASKED QUESTIONS AND ANSWERS ABOUT VERMONT'S EARNED SICK TIME LAW, 21 V.S.A. 481 ET SEQ.
FREQUENTLY ASKED QUESTIONS AND ANSWERS ABOUT VERMONT'S EARNED SICK TIME LAW, 21 V.S.A. 481 ET SEQ. Vermont s earned sick time law, 21 V.S.A. 481 et seq., requires Vermont employers to provide many of their
A LITTLE BIT OF BENEFITS
A LITTLE BIT OF BENEFITS What You May Not Know You Knew About Income Continuation Insurance (ICI) State Group Life (SGL) Insurance FMLA / LOA Return to Work Process WRS Retirement Fun Facts Additional
SOUTHWEST WISCONSIN TECHNICAL COLLEGE Fennimore, Wisconsin AUDITED FINANCIAL STATEMENTS. June 30, 2016 and 2015
Fennimore, Wisconsin AUDITED FINANCIAL STATEMENTS and 2015 C O N T E N T S Independent Auditor s Report... 1 Management s Discussion and Analysis... 4 Basic Financial Statements Statements of Net Position...
Budgets. following the money trail. April 2013
Budgets following the money trail April 2013 Outline Introduction State Budget Budget Timeline Agency Budgets - Fund Groups & Account Structure - FY 13 Budgets - Calendar - Phase I and Phase II Outline
Financial Management Guidelines and Procedures
The financial position and future of the Colorado School of Mines is dependent on several variables including enrollment, research growth, changes in industry demand, and competing institutions at the
ARTICLE 21 OTHER LEAVES
ARTICLE 21 OTHER LEAVES 21.1 Policy. (a) Faculty members will have legitimate reasons to take leave and shall not be penalized or disadvantaged for having taken leave. (1) The duration of a leave may vary
If something is wrong with the coding, should I journal this? Yes you can change anything except the object code.
FAS Guide to Journals Using Vacation-Related Object Codes The chart below lists each of the vacation-related payroll object codes and how to journal costs to another tub, org, fund, activity, subactivity,
Fiscal Year End section of the Financial Administration Accounting & Budget Control web page:
Fiscal Year End section of the Financial Administration Accounting & Budget Control web page: University of Wisconsin System SFS Accounting Manual Category: General Ledger Task or Process: Year-End Close
An Overview of the Mines Defined Contribution Plan (MDCP)
An Overview of the Mines Defined Contribution Plan (MDCP) 1 This document contains basic information about the Colorado School of Mines Defined Contribution Plan (MDCP). The document is provided to employees
Welcome. Fiscal Year-End Financial Reports
Welcome Fiscal Year-End Financial Reports June 1, 2017 Geosciences Building, 1215 West Dayton Street, Room AB20 Presented by José A. Carus, Jr., Tax Compliance & Reporting Manager Accounting Services,
Camden County College Fiscal Year 2016 Final Operating Budget
Camden County College Fiscal Year 2016 Final Operating Budget Fiscal Year 2016 Operating Budget OVERVIEW The College budget proposal totals $66,596,461. This is $3,517,908 less than the revised budget
University of Wisconsin-Madison Policy and Procedure
Effective Date: March 12, 2003 Page 1 of 6 I. Policy The HIPAA Privacy Rule and HITECH regulations permits a covered entity to disclose protected health information to a business associate, and may allow
September 1, 2016 Revised May 12, 2017
New York University Title: Position Management Operating Policy and Procedures Effective Date: Issuing Authority: Executive VP, Finance and Information Technology Responsible Officers: Vice President,
Vacation POLICY STATEMENT REASON FOR POLICY ENTITIES AFFECTED BY THIS POLICY WHO SHOULD READ THIS POLICY WEB ADDRESS FOR THIS POLICY POLICY 6.
CORNELL UNIVERSITY POLICY LIBRARY Vacation (Excluding Academic and Bargaining-Unit Staff) Chapter: 9, Time Away from Work and Safety Services POLICY STATEMENT Cornell University provides paid vacation
THE CALIFORNIA STATE UNIVERSITY Office of the Chancellor 401 Golden Shore Long Beach, CA (562)
THE CALIFORNIA STATE UNIVERSITY Office of the Chancellor 401 Golden Shore Long Beach, CA 90802-4210 (562) 951-4411 Date: May 13, 2004 Code: HR 2004-13 To: From: CSU Presidents Jackie R. McClain Vice Chancellor
Compensation & Benefits. Reneè Rivard, Director
Compensation & Benefits Reneè Rivard, Director 22 Compensation and Benefits What do we do? Lead the strategic planning for all benefits administration Administer and monitor MSU s retirement plan Provide
Service Center Policy and Procedures University at Albany
Service Center Policy and Procedures University at Albany Prepared by: Office of the Controller University at Albany Review Date: March 24, 2017 Table of Contents 1. Regulations 2 2. Definitions.. 3 3.
Welcome to the UW Service Center
Page 1 of 4 WELCOME TO THE UNIVERSITY OF WISCONSIN SERVICE CENTER Welcome to the The provides payroll and benefits support to 13 four-year universities, 13 freshman-sophomore UW Colleges campuses, and
The Uniform Guidance: Changes and Strategies for Implementation
The Uniform Guidance: Changes and Strategies for Implementation Mark Davis Attain LLC Cindy Hope University of Alabama Kim Moreland University of Wisconsin Madison Jeffrey Silber Cornell University Topics
OPERATING BUDGET INSTRUCTIONS AND TIMELINE FISCAL YEAR
OPERATING BUDGET INSTRUCTIONS AND TIMELINE FISCAL YEAR 2018-19 Updated: September, 2017 Table of Contents 2018-19 Operating Budget Timeline... 1 2018-19 Operating Budget Overview & Assumptions... 2 Funding
University of Wisconsin ACA Procedural Guidance
University of Wisconsin ACA Procedural Guidance Purpose The UW has adopted the following procedural guidance in an effort to remain compliant with the Affordable Care Act (ACA) and Chapter 40 of the Wisconsin
Research Administration Forum August 9th, Yoon Lee Director, Extramural Fund Management
1 Research Administration Forum August 9th, 2018 Yoon Lee Director, Extramural Fund Management Meeting Agenda 2 Welcome and Announcements Yoon Lee Welcome! Research Administration Forum August 9th, 2018-10:00
APPENDIX FACULTY OF ARTS AND SCIENCES MANAGERIAL FINANCIAL REPORT FISCAL YEAR 2013 HARVARD UNIVERSITY
APPENDIX FACULTY OF ARTS AND SCIENCES MANAGERIAL FINANCIAL REPORT FISCAL YEAR 2013 HARVARD UNIVERSITY (in millions) Faculty of Arts and Sciences Consolidated Statement of Activity Fiscal Year Ending June
Budget Basics. UNT Budget Office budget.unt.edu
Budget Basics UNT Budget Office budget.unt.edu Agenda Objective Chart of Accounts Budget 101 Chartfield Setup/Change Form ABA IDT Payroll Questions Objective Learn the basics of the budget world including
UC BERKELEY BENEFITS DECENTRALIZATION SUMMARY OF CAMPUS INPUT
UC BERKELEY BENEFITS DECENTRALIZATION SUMMARY OF CAMPUS INPUT Overview of feedback We consulted with many people across the Berkeley campus over the last few months to solicit feedback and review the draft
POST-RETIREMENT SERVICE PROGRAM FOR TENURED FACULTY
PLAN DOCUMENT for The University of Tennessee POST-RETIREMENT SERVICE PROGRAM FOR TENURED FACULTY A. Purpose of the Program The University of Tennessee places great value on the talent and experience of
OPERATING BUDGET INSTRUCTIONS AND TIMELINE FISCAL YEAR
OPERATING BUDGET INSTRUCTIONS AND TIMELINE FISCAL YEAR 2016-17 Updated: September, 2015 Table of Contents 2016-17 Operating Budget Timeline... 1 2016-17 Operating Budget Overview & Assumptions... 1 Funding
Sick Time Payout & Vested vs. Non-Vested Sick Time Off Frequently Asked Questions
Sick Time Payout & vs. Non- Sick Time Off Frequently Asked Questions 1. How is vested sick time off different from other sick time? sick time off is sick time off accumulated as of June 30, 2015. sick
Affinity Group 3 June 12, 2018
Affinity Group 3 June 12, 2018 The University of Wisconsin Service Center will Serve the people of the University of Wisconsin System Collaborate by being supportive and constructive Act with Integrity
SERVICE CENTER GUIDELINES
SERVICE CENTER GUIDELINES I. Introduction Service Centers are units within University of Rochester Cost Centers that charge for goods or services in direct support of the research or academic missions
FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORTS YEAR ENDED JUNE 30, 2017 TABLE OF CONTENTS
FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORTS YEAR ENDED JUNE 30, 2017 TABLE OF CONTENTS Page MANAGEMENT S LETTER... 1 INDEPENDENT AUDITOR S REPORT... 2-4 MANAGEMENT S DISCUSSION AND ANALYSIS...
TO MEMBERS OF THE FINANCE AND CAPITAL STRATEGIES COMMITTEE: DISCUSSION ITEM
F7 Office of the President TO MEMBERS OF THE FINANCE AND CAPITAL : For Meeting of DISCUSSION ITEM ANNUAL ACTUARIAL VALUATIONS FOR THE UNIVERSITY OF CALIFORNIA RETIREMENT PLAN AND ITS SEGMENTS AND FOR THE
Payment Upon Separation of Employment
BUSINESS POLICIES AND PROCEDURES MANUAL PAYROLL 55.49.1 OVERVIEW Payment to a WSU employee upon separation of employment includes any compensation due the employee minus appropriate deductions. The separating
The Board of Directors is responsible for the organization s fundamental approach to managing financial risk.
Finance Office Managing Financial Risks at the Research Foundation Introduction The Research Foundation faces risk in every transaction it processes and every decision it makes. It is important to understand
Benefits Summary for UAB Hospital Management LLC Employees uab.edu/benefits
Benefits Summary for UAB Hospital Management LLC Employees uab.edu/benefits HUMAN RESOURCE MANAGEMENT Health Care, Dental, and Vision Plans For new employees, coverage under UAB s group health care, dental,
PART I - GENERAL INFORMATION No. Description Part I 1.1.0 Description of Your Cost Accounting System for recording expenses charged to Federally sponsored agreements (e.g. contracts, grants and cooperative
--- The purpose of this policy is to provide standardized practices and guidelines regarding earned paid time away from work.
Name of Policy: Vacation policy Policy Number: 3364-25-36 TH E l/ Nl\' El(S I T \' l1 F. TOLEDO 1871 Approving Officer: President Review date: July 18, 2018 Responsible Agent: Associate Vice President
Federal Issues, (SWCAP/Cost Principles Uniform Guidance)
2019 NASC Annual Conference Federal Issues, (SWCAP/Cost Principles Uniform Guidance) March 22, 2018 Nelson Clugston, MAXIMUS Marcie Handy, UT 1 MORE RESPONSIBILITIES LESS DOLLARS When the Federal Government
UNIVERSITY OF NORTH DAKOTA BUDGET OFFICE MEMORANDUM
UNIVERSITY OF NORTH DAKOTA BUDGET OFFICE MEMORANDUM DATE: April 20, 2018 TO: FROM: RE: Deans, Department Heads and Administrators Cindy Fetsch and Jennifer Moe, Budget Office 2018-2019 Personnel, Operating
Income Continuation Insurance Annual Base Benefit Rate Rules
Income Continuation Insurance Annual Base Benefit Rate Rules This chart outlines a comprehensive set of rules to be used when setting the premium category and annual salary amount used to determine the
SERVICE CENTERS. This policy has been established to ensure compliance with Federal regulations.
Issuing Authority: Office of Financial Services Effective Date: October 1, 2003 Policy: It is the policy of the California Institute of Technology (Caltech) to periodically review and adjust as appropriate
WEST VIRGINIA UNIVERSITY AT PARKERSBURG
STATEMENTS OF NET ASSETS AS OF JUNE 30, 2007 AND 2006 ASSETS Current Assets: Cash and cash equivalents $ 5,208 $ Accounts receivable, net of allowances for doubtful accounts of $3 and $5 385 1,065 Due
RUTGERS POLICY. Policy Name: Vacation for Staff in FOP Units (See policy for all other Non-Academic Employees vacation policy.
RUTGERS POLICY Section: 60.3.20 Section Title: Non-Academic Employees Policy Name: Vacation for Staff in FOP Units (See policy 60.3.10 for all other Non-Academic Employees vacation policy.) Approval Authority:
Faculty Benefits and Hours of Work
REGULATION USF System USF USFSP USFSM Number: Title: Responsible Office: USF10.104 Faculty Benefits and Hours of Work Administrative Services/Human Resources Date of Origin: 10-5-03 Date Last Amended:
New Jersey Institute of Technology
New Jersey Institute of Technology Budget Presentation to the Faculty Senate FY17 Budget Highlights FY17 Budget Status Status of Business Process Improvements Budget Development Calendar November 10, 2016
Faculty Salary Planning
Faculty Deb Cundiff Business Administrator McCormick School of Engineering Marsha McClellan Director of Financial Management Feinberg School of Medicine What is Faculty? a.k.a. Direct charging Begins at
COMBO CODES USER GUIDE
COMBO CODES USER GUIDE If you have questions about information in this user guide, please contact Financial Reporting and Accounting Services. TABLE OF CONTENTS Background... 1 Create a Combo Code... 2
Budget Manager s Meeting Notes January 17, :00 pm, Aycock Hall, 2 nd Floor Conference Room
Budget Manager s Meeting Notes January 17, 2013 3:00 pm, Aycock Hall, 2 nd Floor Conference Room 1. Introductions Sharon Segovia Budget Manager for COE 2. EXCEL Review Robert Carswell Handout at end of
TO MEMBERS OF THE FINANCE AND CAPITAL STRATEGIES COMMITTEE: ACTION ITEM
Office of the President TO MEMBERS OF THE FINANCE AND CAPITAL STRATEGIES : For Meeting of ACTION ITEM AUTHORIZATION TO INCREASE THE UNIVERSITY EMPLOYER CONTRIBUTION RATE, MAKE ADDITIONAL CONTRIBUTIONS
DALHOUSIE UNIVERSITY BUDGET PREPARATION GUIDE
DALHOUSIE UNIVERSITY 2017-18 BUDGET PREPARATION GUIDE January 30, 2017 TABLE OF CONTENTS PAGE INTRODUCTION...2 IMPORTANT POINTS AT A GLANCE...2 A. GENERAL INFORMATION...4 B. STEP-BY-STEP APPROACH TO COMPLETING
GENERAL INSTRUCTIONS--Continuation Sheet... COVER SHEET AND CERTIFICATION... C-1. PART I General Information... I-1. Indirect Costs...
Revision Number 1 Effective Date June 30, 2006 INDEX GENERAL INSTRUCTIONS--Continuation Sheet.............. (i) COVER SHEET AND CERTIFICATION................... C-1 PART I General Information..................
Basic Financial Statements, Management s Discussion and Analysis and Supplementary Information. June 30, 2012 and 2011
Basic Financial Statements, Management s Discussion and Analysis and Supplementary Information (With Independent Auditors Report Thereon) Table of Contents Independent Auditors Report 1 Management s Discussion
Welcome. to the University of Wisconsin Madison
Welcome to the University of Wisconsin Madison New Employee Benefits Summary 2019 For employees covered by the Wisconsin Retirement System (WRS) with appointment start dates between December 2, 2018 -
Colorado School of Mines Board of Trustees Meeting June 18, Operating Budget for the Fiscal Year
Colorado School of Mines Board of Trustees Meeting June 18, 2004 Operating Budget for the 2004-05 Fiscal Year The campus Budget Committee met on June 10, 2004 to review and discuss the proposed budget.
CAL STATE L.A. UNIVERSITY AUXILIARY SERVICES, INC. (a Component Unit of California State University, Los Angeles)
CAL STATE L.A. UNIVERSITY AUXILIARY SERVICES, INC. (a Component Unit of California State University, Los Angeles) Independent Auditor's Report, Financial Statements and Supplementary Information (a Component
Payroll Topics Relating to Sponsored Projects
Payroll Topics Relating to Sponsored Projects September 2014 Presented by: Roger McBride Roundtable: Julie Henton, Cindy Sicard, Shari Liming, Kristi Fronce Presented to: College of Engineering Research
First Fridays with the Budget Office. November 3, 2017
First Fridays with the Budget Office November 3, 2017 AGENDA Cognos Enhancements General Announcements Cognos Enhancements Four New Enhancements! 1. Project Budget Summary Report and Project Transaction
Defined Contribution Plan Summary Plan Description
Defined Contribution Plan Summary Plan Description Defined Contribution Plan Summary Plan Description Listed below are telephone numbers and website and correspondence addresses for some of the resources
Florida International University EABM Meeting. April 20, 2012
Florida International University EABM Meeting April 20, 2012 Agenda Chart of Account Redesign Project Questions & Answers Chart of Account Redesign Goals To develop a financial structure which will identify,
Faculty Senate Fiscal Committee February 24, 2015
Faculty Senate Fiscal Committee February 24, 2015 TOPIC: Overhead Rates for FY 2016 CONTEXT: This is the annual calculation of overhead rates charged by the University to non-general Fund (earnings) units
HR Design DRAFT Recommendations Benefits Work Team Appendices Released for Review: 9 April 2012
HR Design DRAFT Recommendations Benefits Work Team Appendices Released for Review: 9 April 2012 Appendix 1. Decision-Making Process ensus Building Process a participatory process, includes multiple perspectives/voices
The Florida International University Budget Town Hall Discussion. March 9, 2009
The Florida International University Budget Town Hall Discussion March 9, 2009 1 FLORIDA INTERNATIONAL UNIVERSITY AGENDA Direction What is the University s strategic direction? What are the state revenue
REGULATION. Faculty Benefits and Hours of Work
REGULATION USF System USF USFSP USFSM Number: Title: Responsible Office: USF10.104 Faculty Benefits and Hours of Work Administrative Services/Human Resources Date of Origin: 10-5-03 Date Last Amended:
What is Responsibility Centered Management?
Jim Florian Associate Vice President, Institutional Analysis Office of the Provost What is Responsibility Centered Management? Budget model that links budgets to activity Allocates revenues based on activity
GENERAL INSTRUCTIONS COVER SHEET AND CERTIFICATION C-1
INDEX GENERAL INSTRUCTIONS (i) COVER SHEET AND CERTIFICATION C-1 Part I General Information I-1 Part II Direct Costs II-1 Part III Indirect Costs III-1 Part IV Depreciation and Use Allowances IV-1 Part
Proposed Budget Document FY
Proposed Budget Document FY 2016 2017 THE UNIVERSITY of TENNESSEE University of Tennessee at Chattanooga University of Tennessee, Knoxville University of Tennessee Space Institute University of Tennessee
Budget Document FY
Budget Document FY 2017 2018 THE UNIVERSITY of TENNESSEE Chattanooga Knoxville Space Institute Martin Health Science Center Institute of Agriculture Agricultural Experiment Station Extension College of
GUIDE TO IRC CONTRIBUTION LIMITS 2018
GUIDE TO IRC CONTRIBUTION LIMITS 2018 UNIVERSITY OF MICHIGAN BASIC RETIREMENT PLAN AND 403(B) SUPPLEMENTAL RETIREMENT ACCOUNT For new hires, voluntary participants in the Basic Retirement Plan and compulsory
SPA Employee. Employee Definition
Comparison of, EPA Senior Academic and Administrative Officer* and EPA Non Faculty Instructional and Research Employment Employee Definition Defined under N.C. General Statute Chapter 126 as those positions
To outline College policy regarding vacation leave for full-time, regular, staff employees.
Origination Date: 01/07/85 President s Cabinet App.: 11/01/00 Board of Trustee App.: 11/08/00 Page 1 of 1 Policy #C2S04.07 Subject: Chapter 2 BUSINESS--VP FOR BUSINESS I. PURPOSE To outline College policy
Police and Fire Meet and Confer Briefing. City Council Briefing November 6, 2013
Police and Fire Meet and Confer Briefing City Council Briefing November 6, 2013 1 Overview Meet and Confer Overview 2010 Meet & Confer Agreement - Summary 2013 Proposed Meet & Confer Agreement Financial
Budget Reform Update. Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning
Budget Reform Update Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning February 2018 Outline Brief budget model overview Communication plan Principles Major components Timeline
Training Manual for the Journal Entry Tool (JET) for Budgets Madison Campus
Training Manual for the Journal Entry Tool (JET) for Budgets Madison Campus Last Update: 7/6/2009 Page 1 of 34 Last Update: 7/6/2009 Page 2 of 34 MADISON CAMPUS TRAINING MANUAL FOR THE JOURNAL ENTRY TOOL