Now that the state has engaged the Cain Brothers to do “an analysis of the health care market,” we are holding an institution-wide information session on what the governor’s team is telling us and what we’re hearing about his plans.
STATE CAPITOL, MARCH 15, 2018--UHP President Bill Garrity was back at the Legislative Office Building today to testify before the Labor and Public Employees Committee over SB 461, "An Act Omitting Certain Pay From a State Employee's Final Average Salary Calculation on or After July 1, 2021."
Fresh from the printer, our 2016-2021 contract books are now available. We are methodically distributing them to members to facilitate one-to-one and small-group interactions, as this provides a fantastic opportunity for member engagement.
Important note for those in the SERS and Hybrid retirement programs:
As you likely are aware, last September, as a result of the SEBAC agreement, we started contributing an additional 1.5 percent of our earnings toward our retirement.
This increase didn't take effect until the seventh pay period of fiscal 2018. Therefore we have to "make up for" the first six pay periods in which that increase was not deducted. These catch-up payments will be spread out over the last 13 pay periods of fiscal 2018, starting with the paycheck dated Jan. 13.