Transcript Slide 1
Virginia Tech Human Resources: Information Session for Conversion to Administrative and Professional categories Judy Ridinger, Director Staffing and Employee Relations Kelly Oaks, Director for Equity Initiatives
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Purpose of the Session
Overview of the Resolution to expand use of Administrative and Professional (A/P) categories to allow for conversion Comparison of benefits and policies and programs for classified staff and A/P Process for Conversion Timeline 2
Resolution: Administrative and Professional Faculty Appointments
The human resources restructuring initiative approved by the state includes the opportunity for redefining the administrative and professional faculty.
Resolution proposed by the Commission for Administrative and Professional Faculty Affairs.
Approved by University Council and BOV.
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Reasons for change
Equity Recruiting 4
Who is eligible to convert?
University staff whose positions are determined eligible to be converted Classified staff whose positions are determined eligible to be converted and who elect to make the change 5
Which positions are eligible?
Staff positions in pay bands 6 and 7 and the majority of positions in pay band 5 are now eligible to become part of the Manager/Professional category in the Administrative and Professional (A/P) structure.
Organizational management has been involved in reviewing positions to determine eligibility for change to A/P status. 6
Changing from classified to A/P
Classified employees will have the opportunity to move to Administrative and Professional faculty at least every 2 years. The election to move from classified staff to managerial/professional status is permanent.
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Overview of the Resolution
Expands the use of the Administrative and Professional Faculty categories Defines Categories Senior Administrators
Managers and Professionals
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Managers and Professionals
Managers (Directors) Leadership and supervision of a significant number of staff and/or professional faculty, and budgetary responsibility Exercises discretion and independent judgment and must perform managerial or director functions at least 50% time Typically reports to a senior administrator 9
Managers and Professionals
Professionals
Provide direct service to students, other university constituencies, or clients external to the university.
May direct or provide support for academic, administrative, extension, outreach, athletic, or other programs. Must regularly exercise professional discretion and judgment.
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Examples of positions
Previously included Librarians, counselors, coaches, lawyers, physicians, dentists, veterinarians, student affairs program coordinators/managers Now includes Architects, engineers, and senior level professionals in human resources, information technology, budget/finance, public relations, and development 11
Managers and Professionals
Qualification Criteria Must have an advanced degree OR equivalent training and work experience May require certification or license in professional field 12
Implementation Plan/Timeline for Conversion
Review of positions eligible for conversion—Summer 2008 (completed) Board of Visitors approval in August 2008 Information Sessions September 2008 Effective for classified staff who choose to convert—January 2009 13
No change in annual pay with conversion
First merit cycle 2009 (normally begins July but this year would be January) Faculty annual report (FAR) due in summer 2009 Depending on availability of funds and merit (payout November 2009) 14
Comparison of Policies and Programs (except benefits)
See handout Family Medical Leave Act Telework and Alternate Work Policy Tuition Waiver Policy Educational Leave with pay Layoff Severance Ability to teach classes and be paid 15
Comparison of Policies and Programs (except benefits) cont’d
See handout Probationary Period Appointment Period Performance Planning and Evaluation Compensation Grievance Policy/Process Employee Relations/Conflict Resolution 16
Benefits and Leave
Angela King – Associate Director of Benefits Carolyn Pratt – Benefits Manager Lynett Cruise – Leave Supervisor
Benefit programs and policies remaining identical for Classified and University Staff and Managers and Professionals
See handout Healthcare Flexible Reimbursement Account Voluntary Accidental Death and Dismemberment Insurance Group Life and Optional Life Insurance Tax Deferred Plans 18
Benefits Same for Faculty and Staff
Converting to Faculty is not a qualifying event Can’t make changes at time of conversion to Faculty 19
RETIREMENT
Once the position is changed to faculty status, the individual has the choice of the Virginia Retirement System (VRS) or an Optional
Retirement Plan (ORP)
60 days to choose from effective date of status change Retirement is employer paid 20
Virginia Retirement System (VRS)
Defined Benefit Plan based on highest 36 months of salary, age, and service 5 years to be vested Vesting – Minimum period of time needed to qualify for service retirement with VRS Benefit is 1.7% of average final salary x years of service. Reduction factor applied for early retirement 21
Virginia Retirement System
cont’d Cost of Living Adjustments are available after the first full calendar year of retirement Guaranteed benefit for lifetime www.varetire.org
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Optional Retirement Plan (ORP)
Defined Contribution Plan – Benefits based on money accumulated in the account University contributes 10.4% of pay Faculty member controls the investment options Companies: AIG Retirement; Fidelity; TIAA-CREF 23
At Retirement
Can continue health care (both) Life Insurance continues (both) Health Insurance Credit (both) Selection of payout options with VRS Ex: survivor option, basic benefit 24
Points to Remember
60 days from change to faculty status to change to an ORP Irrevocable decision Retirement is employer paid 25
Long Term Care
Staff and Faculty enrolled in the Virginia Sickness and Disability (VSDP) plan have Long Term Care All Staff and Faculty may purchase an additional long term care plan at time of employment After 60 days requires approval of coverage 26
If Changing to Faculty
If choosing the Faculty sick leave plan the Long Term Care policy under VSDP would end Optional Retirement Plan participants are not eligible for VSDP so not eligible for the Long Term Care Optional Long Term Care with Aetna will continue 27
Factors to Consider
Is my position regular or restricted?
Do I plan to stay with state employment until retirement?
Do I want a defined benefit versus defined contribution plan?
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QUESTIONS?
Carolyn Pratt – Benefits Manager Email: [email protected]
Phone:1-7776 Angela King – Associate Director of Benefits Email: [email protected]
Phone:1-7774 29
LEAVE OPTIONS
Annual
Holidays
Sick
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Leave Options
(see handout) Annual leave accruals and pay out/carryover limits for staff and faculty Holidays School Assistance and Volunteer Service Leave Faculty Family Leave 31
Restricted and AY AP Appointments
Restricted Faculty are not eligible to be compensated for unused annual leave at time of separation.
Restricted Staff are eligible to be compensated for unused annual leave at time of separation 32
Sick Leave Plans
(see handout)
STAFF VSDP – staff employees employed after January 1, 1999 Classified Standard Plan – if employed prior to January 1, 1999 FACULTY Plan A – accrue 10 hours per month Plan B – 1040 hours – Sick leave is rapidly accrued back to 1040 VSDP – if already in this plan and remaining in VRS (cannot switch during conversion) 33
Sick Leave Options for VSDP Participants
If remaining in VRS, you may remain in VSDP or change to sick leave Plan B (1040) If selecting ORP, you will be placed in Plan B If going to Plan B – Banked sick leave cannot be converted to retirement credit. 34
Sick Leave Options for Standard Sick Leave Participants
You may continue to earn 10 hours per month - Plan A Select Plan B – 1040 hours 35
Long Term Disability
Staff – VSDP or Optional LTD Faculty VSDP or Faculty LTD Plan 36
QUESTIONS?
Lynett Cruise – Leave Supervisor Email: [email protected]
Phone:1-1237 37
Need More Information?
Contact HR Service Center for information or to schedule an appointment: 540-231-9331 [email protected]
Chat online at www.hr.vt.edu
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General Terms and Conditions of A/P Appointments
See Faculty Handbook http://www.provost.vt.edu
. (subject to change at any time by the Board of Visitors) See policies at http://www.policies.vt.edu
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Enrollment/Effective date
Enrollment Period October 1 to December 31, 2008 Via HR website or in person Effective Date of conversion January 10, 2009 40
Once Enrolled
Will receive a Terms of Offer To be signed and returned to HR Must provide a college transcript Will complete benefits paperwork Will receive a faculty handbook 41
Questions
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