The University of Tennessee system has adopted a recommendation to increase the minimum starting pay rate for regular full- and part-time staff. The new rate of $8.50 per hour will become effective July 1. The increase in the minimum starting pay rate was a recommendation from the university’s Compensation Advisory Board and is a first
Prior to Jan. 1, 2011, University Health Systems (through the UT Medical Center in Knoxville) provided a benefit to UT employees in the form of a full waiver after insurance of residual hospital charges, if the employees, their spouses and eligible dependents were participants in the state of Tennessee medical insurance program. As a result
To try easing the impact of increasing insurance premiums in 2011, employees who are paid biweekly will have the option of establishing twice-monthly payroll deductions for premiums. Splitting between both paychecks each month is intended to help make the insurance increase more manageable and to equalize net pay between the first and second biweekly payrolls
The annual open enrollment/transfer period for the group insurance programs for UT employees ends Monday, Nov. 16. Any changes you make in your coverage will become effective Jan. 1, 2010. Even if you aren’t enrolling or changing your coverage, this is an excellent time to review your personalized benefits statement.
UT employees who take advantage of State of Tennessee group medical insurance coverage will notice some changes in their premiums in the coming months. At its last meeting, the State Insurance Committee approved both a six percent increase to medical premiums, as well as two medical premium holidays — two months for which no premium