Tag Archives: For Faculty

IRS Announces 2017 Plan Contribution and Benefit Limits

HR doorOn October 27, 2016, the Internal Revenue Service announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items beginning January 1, 2017. See the chart below for further details.

The highlights of limitations that changed from 2016 to 2017 include the following:

  • The 401(a) annual compensation limit applicable to retirement plans increased from $265,000 to $270,000.
  • The elective deferral limit and age 50 catch-up limit remained the same at $18,000 and $6,000, respectively
  • The 415(c) contribution limit applicable to defined contribution retirement plans increased from $53,000 to $54,000.
2017 2016
RETIREMENT PLANS
Annual Compensation Limits For Retirement Program Purposes 270,000 265,000
Elective Deferrals 403(b) – (for under age 50) 18,000 18,000
Catch-up Contributions For 403(b) Plan Participants age 50 and over 6,000 6,000
457(b) Elective Deferrals 18,000 18,000
457(b) Catch Up Contribution (Subject To Age And Other Restrictions) 18,000 18,000
Defined Contribution Limits On Maximum Combined Employee/Employer Contributions To Defined Contributions Plans 54,000 53,000
OTHER
Social Security Taxable Wage Base 127,200 118,500
Medicare Wage Base No Limit No Limit

All figures in US dollars.

Sources: www.irs.gov, www.tiaa.org

Vendor Demonstrations for Administrative Information Systems

All are invited to attend vendor demonstrations to help us compare the current administrative systems we use for financial management, payroll and human resource management, student services, and advancement against other software.

Overview sessions that are of interest to everybody are outlined below. There are many more sessions that you are welcome to attend. For the complete calendar and agendas visit the Green Mountain Higher Education Consortium’s website.

We are looking forward to seeing you at the demonstrations and to receiving your feedback via surveys.

Please address any questions to Corinna Noelke, the Consortium’s executive director, or visit the Consortium’s website.

Overview Sessions:

Date Time (EST) Vendor Middlebury Room MIIS Room Live at
10/31 8:30-9:45 ERP: Campus Management Library 105A&B Casa Fuentes 330 Middlebury
11/2 8:30-9:15 ERP: Unit4 Library 145 Casa Fuentes 330 Champlain
11/7 8:30-9:45 ERP: Workday Library 145 Casa Fuentes 330 Champlain
11/9 8:30-9:45 ERP: Oracle Library 105B Casa Fuentes 330 St. Mike’s

CHANGE IN PAYROLL DEADLINES FOR NOVEMBER PAYROLLS (BW23 & BW24)

middleburylogo-e1476226859888CHANGE IN PAYROLL DEADLINES FOR NOVEMBER PAYROLLS (BW23 & BW24)

Please read below the changes to the time entry deadlines and pay dates for BW23 (pay date 11/10/16) and BW24 (pay date 11/23/16). These changes are required to accommodate for Veterans Day1 and the Thanksgiving holiday.

Pay period BW23 (10/24/16 – 11/06/16)

  • Deadline for submitting/approving time – Monday, 11/07/16 12:00pm
  • Paychecks and direct deposits issued and dated – Thursday, 11/10/16

 

Pay period BW24 (11/07/16 – 11/20/16)

  • Deadline for submitting/approving time – Friday, 11/18/16 10:00am
  • Paychecks and direct deposits issued and dated – Wednesday, 11/23/16

1Veterans Day is a federal holiday and all banks are closed. To comply with ACH deposit rules, payroll processing must be accelerated to account for the closed day.

Please inform all your staff of this change in the payroll schedule

Payroll/Human Resources

Blog posts from the Office of Digital Learning: Digital language and assessments, distance collaboration, intellectual property, and more!

dig-learn-11-2Check out the latest blog posts from the Office of Digital Learning:

The rutabaga: What to do with the digital

Language learning and the digital

Advice for working across distance

Envisioning distance collaboration

Moodle to Canvas: Language assessment transitions

What does Middlebury’s new IP policy mean for you? (Part 1)

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Middlebury Language faculty: Apply to join the AALAC workshop on Digital Language Learning, April 7-8, 2017

co00-2008-logo-003We are pleased to announce a workshop on Digital Language Learning: A Liberal Arts Exploration of New Modes of Teaching and Learning Languages that will be hosted by Middlebury, April 7-8, 2017. 

The workshop, which is funded by the Association for the Advancement of Liberal Arts Colleges (AALAC), will include conversations about how the digital can transform language learning in liberal arts contexts. Specifically, participants will look at the ways in which digital language learning transforms traditional language learning environments by amplifying deep connections, improving differentiated instruction, and extending language learning beyond the walls of the classroom. To read a complete description of the workshop, please follow this link.

Non-Middlebury attendees will have a travel allowance of up to $650 to attend this workshop, generously provided by AALAC funding. Because funding is limited, we will accept only a limited number of attendees from other schools.

Since you are a faculty member at Middlebury College and will not need travel funding, please submit an application to participate in the workshop via this link (Institute faculty, please use this link to apply and we will discuss internal funding for your travel).

Applications are due November 4, 2016. Attendees will be selected based on the expertise and experience they will bring to the workshop, and with a goal of diversifying participation across AALAC schools and languages. The workshop organizing committee, consisting of faculty from various AALAC schools, will notify applicants of their acceptance status by December 1, 2016.

Organizing committee:

Steve Snyder, Dean of Language Schools and Kawashima Professor of Japanese Studies, Middlebury College

Gabriele Dillman, Associate Professor of German and Julian H. Robertson Jr. Endowed Chair, Denison University

Felix Kronenberg, Associate Professor of Modern Language and Literatures and Director of the Language Learning Center, Rhodes College

Lynn Miyake, Professor of Japanese, Pomona College

Renee Jourdenais, Dean of the Graduate School of Translation, Interpretation, and Language Education, Middlebury Institute for International Studies at Monterey

Peipei Qiu, Professor of Chinese and Japanese on the Louise Boyd Dale and Alfred Lichtenstein Chair, Vassar College

Ann Sherif, Professor of Japanese, Oberlin College

Tatiana Smorodinska, Professor of Russian, Middlebury College

Tom Van Order, Associate Professor of Italian, Middlebury College

Benefits Open Enrollment Coming Soon

open-ePlease mark your calendars – the annual open enrollment period for Middlebury’s health and welfare benefit plans will be held from November 1st through the 14th.  All benefits-eligible employees are required to complete the on-line process during this window so please watch your email on November 1st for instructions and benefit details.  If you will be out of town and will not have access to the internet during the open enrollment period please contact Human Resources at 802-443-5465 before November 1st to make alternate enrollment arrangements.  Meanwhile, to reduce pressure on yourself during the open enrollment period consider beginning the process of estimating your flexible spending account elections now, so that you are ready to go when open enrollment starts.

–Cheryl Mullins

Flu Vaccines

HR doorThe following applies to all members of the Middlebury College Health Plan, employees and dependents alike.

We are pleased to announce that our prescription plan will cover flu vaccines at a $0 co-pay for employees enrolled in Middlebury College’s medical insurance plan.  To take advantage of this $0 co-pay program, employees can choose from any of the following options:

  1. Visit any of the participating pharmacies in the Magellan network (here is a link to participating pharmacies in VT and CA), and present your CBA Blue ID Card to receive the vaccine for a $0 co-pay.
  2. If you choose to visit a non-participating pharmacy, you can still receive the vaccine. You will be required to pay full cost at the time of administration; however, request an itemized receipt to submit the claim directly to CBA Blue for 100% reimbursement from the medical plan.
  3. Visit a Blue Cross/Blue Shield doctor. The doctor’s office will submit the claim directly to CBA Blue, and the claim will be paid 100% from the medical plan.
  4. If you choose to visit an out-of-network doctor, you can still receive the vaccine. You will be required to pay full cost at the time of administration; however, request an itemized receipt to submit the claim directly to CBA Blue for 100% reimbursement from the medical plan.

Since there are many convenient and free ways to get a flu shot, Middlebury will not be hosting on-site clinics for employees this year.  We encourage you to take advantage of the $0 co-pay program today.

Please feel free to contact Franklin Daniel fdaniel@middlebury.edu or Nancy Lindberg nlindberg@middlebury.edu at 802-443-3372 with any questions.