RCUH HR INFO ONLY – New 2023 Maximum Allowable Contribution Limits for 403(b) Supplemental Retirement Annuity (SRA) Plan

TO:      All Eligible Regular-Status Employees that wish to elect/maintain the Maximum Allowable Contribution in the Calendar Year On October 21, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments increasing the maximum dollar contributions for pension plans and other retirement-related plans for 2023. Effective January 1, 2023 maximum contribution limits will increase (see Table below): … Continue reading “RCUH HR INFO ONLY – New 2023 Maximum Allowable Contribution Limits for 403(b) Supplemental Retirement Annuity (SRA) Plan”

RCUH HR INFORMATION ONLY – 2022 Year-End Preparations

In our ongoing efforts to provide employees with early communication, please consider these Year-End Preparations as we near the end of 2022: W-2 Electronic Consent Submit your consent to receive your W-2 electronically via the Employee Self-Service (ESS) Portal by Friday, December 23, 2022.  If you do not consent to an electronic W-2, a hard … Continue reading “RCUH HR INFORMATION ONLY – 2022 Year-End Preparations”

RCUH HR IMPORTANT: Vacation Forfeiture (if applicable) – Plan Now to Avoid Losing Accrued Vacation Hours

Per RCUH’s Vacation Leave Policy (3.620 IV.,B.,12) Vacation Forfeiture states: “All vacation hours exceeding the maximum carry-over of an employee’s applicable vacation plan will be forfeited on December 31st of the plan year.”  The “plan year” is January 1st to December 31st.  As of today (Thursday, October 27) there are five pay periods left (including … Continue reading “RCUH HR IMPORTANT: Vacation Forfeiture (if applicable) – Plan Now to Avoid Losing Accrued Vacation Hours”