Get Ready for Auto-Escalation for the Hybrid Retirement Plan On January 1, 2026, the Hybrid Retirement Plan’s auto-escalation feature will increase member contributions by 0.5% to the Hybrid 457 Deferred Compensation Plan. This increase occurs every three years until members reach the maximum 4% contribution, which qualifies them for the full 2.5% employer match. Key Dates to Know • Opt-out window: • December 1– December 31, 2025 (shorter than in previous years) • Deadline to make changes: December 31, 2025, at 4 p.m. ET • Automatic increases take effect: First available payroll in January 2026 Members can make their elections by logging into their account at dcp.varetire.org/login or by calling 877-327-5261 between December 1 and December 31, 2025, at 4 p.m. ET. No action is required if the employee accepts the automatic 0.5% increase in retirement savings. … [Read more...]

ORPHE Open Enrollment is October 1-31 - https://orphe.varetire.org/plan-details/open-enrollment/   … [Read more...]

Richmond Jazz and Music Festival Returns … [Read more...]

New Special Offer UMW … [Read more...]

Enrollment is currently open for Tuition Reimbursement (courses outside of UMW) for courses starting July 1, 2024 – December 31, 2024.  All applications must be submitted by Friday, April 26, 2024. Please note: the Cabinet agreed to expand the Tuition Reimbursement Program to include certificate programs.  However, any and all courses associated with the certificate program must be credit-bearing. The complete policy and procedures are posted online; some important and key provisions are listed below. You may contact Denise Frye at dfrye2@umw.edu with any questions. Program Purpose: Eligible employees enrolled in a degree-seeking program or enrolled in a credit-bearing certificate program at other accredited institutions of higher education will be provided with tuition reimbursement up to a specified amount for courses after completion of the course and submission of proof of grade. Eligibility: This policy applies to classified, wage, administrative professional faculty, and … [Read more...]

VRS DCP Online Regional Education Meetings … [Read more...]

One of the our vendors, Washington National Insurance, will be on campus Friday, March 1,.  to offer guaranteed issued life insurance and supplemental health insurance options. Current policy holders can stop in and review existing coverage and make any necessary adjustments.  These plans allow coverage for non-immediate family members and in-laws as well as an employee’s adult child and grandchildren.  Employees can sign up at any time during the year, however at special enrollments like this one, coverage is guaranteed and no medical underwriting is needed. They will be located in Lee Hall, Rm 412 from 8:30 am to 2:00 pm. Washington National is a state-approved vendor who provides a group discount for state employees.  They are one of the providers listed under The Provider Network, administered by the Virginia Department of Accounts, The Provider Network is listed on the DHRM website under  Employee Discounts.  They will be on campus and are providing an opportunity for UMW … [Read more...]

Click on article title for information - https://adminfinance.umw.edu/hr/?attachment_id=126318 … [Read more...]

Learn about your 457 Deferred Compensation Plan by attending a virtual Regional Education Meeting on November 13 - Regional Education Meetings … [Read more...]

Click on article title for more information. The enrollment form can be found here found here. … [Read more...]