Chapter 318 Weekly Chapter Meeting With Members - Shared screen with speaker view
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what do FERP Mean on the early Exit Program
Faculty Early Retirement Program
Is students coming back on Oct. 5th
Will the money be gross monthly pay or net?
You don't have to actually retire; you just need to separate from the university, is that correct?
What does 50% "accrue" mean for the second half of settlement?
Am I reading the details correctly, and there are limits for each unit? For example, only 20 employees from Unit 7 will qualify?
what information will we need ahead of time to complete the application?
I missed the first 5 minutes of minute of this meeting. How will eligibility be determined?
$25,000 less tax?
The Terms & Conditions states that employees are responsible to collect all pertinent information before submitting the application - What pertinent information is needed?
For income tax purposes: Can the second half lump sum pmt be taken AFTER Dec 31?
What is the university's budget for this program?
what do FERP mean. it said you didn't qualify for the program if you are in this Program
Bettyann, the budget is $10 million.
total earned in
FERP is for faculty
What happens to your vacation time if you still have a lot of hours left at the end of the year
if we separate on Dec 30th, is that before the Cost of Living Cutoff so that I will get my Cost of Living 1.5 years after retirement instead of 2 years?
Can you speak more to the replacement of folks who elect to take EEP? Is it true the university will not replace the actual role but can assign/hire someone to a lesser title who will assume similar responsibilities?
total earned considered paid in 2021 vs 2020?
Is this session being recorded?
How is the university determining who will receive the offer?
R02: 3R05: 12R07: 20R09: 35
Luisa Provencio Smith
When will the email be sent to employees that are eligible?
what if employees don’t have access to a laptop and internet?
what if employees have never used Adobe sign?
Can we apply for retirement before we submit the first agreement and still be eligible or should we wait til after we submit the first agreement.
will we still for the next 3 mouth get vacation time and sick time if we qualify for the program
will you be paid out for vacation / CTO / Sick?
Accessibility to apply for EEP - how is
I feel as if this is going to turn into The Hunger Games!
what if I have too much vacation time and my last day is Dec. 30 2020
Is 12 combiing Housing and campus?
If we file for retirement now do we put 12/30/2020 as our retirement date?
for Unit 5 yes all areas and all classifications in unit 5 like all other Units.
6 mos pay will put us in a diff tax bracket
If I have several weeks of vacation time, can I still take that time up until December 30? I wouldn’t want that time to be taxed at the higher bonus tax rate.
if you apply and are NOT approved, does that mean you will have to retire regardless
I read the following: employees who are already participating in a supplemental retirement plan may choose to defer any portion of their vacation balance to their supplemental retirement plan(s), subject to current contribution maximums. : Does 403(b) = supplemental retirement plan? Will that be a question on the application to direct the hours as a contribution?
CAlpers retirement is a 120 days and Dec 30th is less than 90Days. It appears that I will will not be paid for a month for retierment?
Am I correct that if you retire all health benefits will remain intact? For spouses too?
yes this is being recorded
Does the budget for the "shifting" and reassignment of duties with stipend you speak about come from this $10M allotment?
So we will be employed through 12/30/20 and receive both checks end of 1/2021 and formerly retired eff. 12/30/20? Do I have that right?
Registrar Enollment Services
what's the eligibility for the program
Can you also withdraw the eep before you receive a check
Can your sick balance be donated to catastrophic leave banks for others?
I have reciprocity w sdcera.
Layna Pena-Buskirk (SDSU)
Will a new CPAL pool of hours be available for 2021? I've nearly exhausted the 2020 pool of hours.
Thank you Heather & Isidro!
Thank you Isidro & Heather
Major feedback going on!
mic is on please mute
Can people mute themselves
someone is not musted
Layna Pena-Buskirk (SDSU)
Can Suzanne please share the link to the leaves
What about taking care if a spouse who has been in a traumatic accident?
Here is the chart showing the information about the COVID-19 leave plan: https://sdsuedu.sharepoint.com/sites/BFA/HR/PublishingImages/SitePages/Resources%20for%20Employees%20during%20COVID-19%20Pandemic/COVID19%20Leaves%20Comparison%20Chart.pdf
M80 (MPP) is 23 limit
If we apply and are not accepted for the EEP, can we cancel the retirement application?
Isidro said you can withdraw the retirement application.
How soon after we apply for EEP will we be notified of acceptance?
Can sick leave add to service time?
will school start on Oct. 5th
Can you please share the link for the EEP
To clarify: if sick leave/vacation hours are donated to the Catastrophic bank, if your hours are not used by someone by the end of year, they will never be used?
I clicked the link for Covid leave plan & it said page wasn’t found
The policy team is still asking for data, so probably haven't decided.
About Oct 5th reopening
Nevemind, problem fixed, the link works
When you retire, Is vacation pay taxed at 40+%
Does the possibility of reopening Oct 5 mean face to face classes?
Hi Troy, I think you may have missed a question..can the union talk more about the re-shifting or the reassignments of duties that would happen for those who are left on campus? Will there be a Red Circling possibility and reclassifying of positions?
what is the percentage of tax used here for eep lump sum
This severance will be considered bonus pay, not regular income, so higher taxes (22%) Correct?
There are a few F2F classes still going on for programs that require it. i.e. Clinical and Practicums in accredited programs that did not waive the F2F requirement.
Thank you Tessy
A lot of times HR just tells you it's part of job classification and don't give you irp, stipends. etc.,
Can a CALPERS retirement application be revised (date change) after it is submitted?
okay, thank you Juan and Sherry.
Thank you everyone. I appreciate your help
Thank you, Troy!!!
what is that number for local cal pers
Thank you, Tessy, Sherry, Juan and Cindy c
calPERS local number (888) 225-7377
Thank you! You all are the best!
Good luck everyone appling for EEP
good info! Thanks!