March 22 Tri-Council Meeting to Discuss Benefits Report
By Jody Record, Campus Journal Editor
March 10, 2010
A special meeting of the OS, PAT and Extension Educator councils will be held March 22 to review and discuss a study now being done by an outside company to evaluate USNH employee benefits. The meeting was announced at the monthly meeting of the PAT Council.
The analysis will determine how benefits currently being offered compare to the recruiting market for total compensation and if benefits currently being offered to employees of the university system are fair and appropriate, competitive, cost sustainable and contemporary.
The study has been fast-tracked in light of proposed changes to benefits that are now before the System Personnel Policies Council (SPPC).
Similar benefit studies were conducted in 1994 and 2002.
During the second half of the two-hour meeting, President Mark Huddleston and Dick Cannon, vice president for finance and administration, will be on hand to discuss the report and answer questions.
The USNH board of trustees is expected to receive the evaluation in March. An emergency meeting of the SPPC, whose regular monthly meeting is March 18, will be held on March 25 to discuss the report. The UNH SPPC representatives will share the input of the Tri-Council at that time.
According to Joan Tambling, director of human resources, following the 2002 study, USNH made several changes to benefits. For example, during the course of several years, the vesting period for retirement was improved from five years to three years, modest improvements to the dental plan coverage were made, employee contributions to medical plans increased and the employer retirement contribution in the first year of participation was lowered from 10 percent to 6 percent.
Also, after the 1994 study, USNH added flexible spending accounts, improved family leave, and transferred and eliminated retiree medical options.
Also at its March meeting, the PAT Council adopted the following goals for 2010:
- Improve PAT engagement with constituents
- PAT Web site organization and maintenance
- Improve PAT booth at Benefits Fair 2010
- Monitor the proposed changes to benefits currently before the SPPC