A blog on the latest news and events for ACU faculty and staff
Until the payroll is run on January 19, all employees will see zero hours in their Holiday and Personal Day leave balances for 2024. When you submit your timesheets and leave reports for December 31 – January 13, which includes the January 1 holiday, you will see a warning that you have an insufficient leave balance. Please go ahead and submit your holiday hours as you normally would.
Please take a minute to look at your pay stub in myACU Banner so that you are aware of your earnings and deductions. Your elections from open enrollment for your 2024 benefit deductions were seen for the first time on the Jan 5th paycheck. It’s essential that you verify your deductions were set up as you expected. Failure to promptly notify HR of a discrepancy could result in our inability to process a change. If you need help locating your pay stub or have questions, please contact HR at x2359 or humanresources@acu.edu.
We believe that students who are in the home of faculty and staff thrive and retain at a higher rate than those who are not; therefore, the Student Entertainment Reimbursement program exists primarily to support faculty and staff in hosting a variety of students in their homes. It is not intended for the regular meeting of a group. It is intended to support faculty and staff in hosting their current students in their homes for a meal. Beginning January 2024, when faculty & staff host a minimum of 5 students in their home for a meal, they can be reimbursed $8 per student in attendance. The Reimbursement Form can be found on the Accounting & Finance Page located on myACU. Questions should be directed to accountspayable@acu.edu or humanresources@acu.edu.
This week, November 6th – 10th, all full, reduced, and half-time faculty and staff will need to re-elect their benefits for 2024. Remember to make your elections this week for 2024. HR staff members will be available in the computer lab on the top floor of the Brown Library, Monday – Thursday, 8:00-5:00. You can schedule an appointment or drop by for assistance.
Each calendar year, benefits-eligible employees receive two personal days to be used at their discretion. Personal days do not roll over to the following calendar year therefore they should be used by December 30, 2023.
A consultant from TIAA will be offering individual counseling sessions on campus to discuss your personal financial situation and retirement investments on November 29 and 30 in the Brown Library Idea Room 3. You can register for an appointment online. Appointments fill up fast and are reserved on a first come, first served basis. Register here.
Staff are allowed to roll over up to 80 hours of vacation each calendar year. For 2023, the rollover date will be December 30th. If you have more than 80 hours of vacation, you should plan to use the overage before December 30th so that you do not lose that time.
The Employee Retirement Income Security Act of 1974 (ERISA) requires employers to file annual reports with the Internal Revenue Service and the U.S. Department of Labor on the status of their various employee benefit plans, and to provide employees with a summary of those reports, called a Summary Annual Report. You can review the full report of the 5500 SAR filed with the Internal Revenue Service for ACU’s 403(b) retirement plan.
If you have not already done so, remember to attend an informational benefits meetings in preparation for Open Enrollment for 2024. These meetings will be scheduled during the week of October 23rd and 30th. Please add this Calendar to view available times and locations for those meetings. There will be significant changes for 2024. All employees enrolled in ACU benefits are encouraged to attend an informational benefits meeting.
All benefits-eligible employees will need to complete their benefits open enrollment for 2024 the week of November 6th – 10th. HR staff members will be available that week in the computer lab on the top floor of the Brown Library, Monday-Thursday 8:00-5:00.
You can find our Benefits Guidebook for 2024 attached below:
The Employee Retirement Income Security Act of 1974 (ERISA) requires employers to file annual reports with the Internal Revenue Service and the U.S. Department of Labor on the status of their various employee benefit plans and to provide employees with a summary of those reports, called a Summary Annual Report. Here is the Full Report filed with the Internal Revenue Service for ACU’s group health plan.
