Employees who are classified as PDA's are eligible for the following benefits through UCF:

Insurance
Retirement
Other Benefits

REMINDER : You have 60 days from your date-of-hire to enroll in insurance

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How to Enroll or Make Changes

State-sponsored benefits:

• Go online to make changes via the People First web site.
  - Available 24 hours a day, 7 days a week.
• The People First Service Center (PFSC) at 1-866-663-4735 , TTY users call 866-221-0268 to enroll or make a change.
  - Available Monday – Friday, 8:00 a.m. to 6:00 p.m.
  - Speak with a customer service representative to make your selections
• Submit a paper enrollment form to the PFSC.
  - Available from the People First web site or the People First Service Center.
  - Complete, make a copy for yourself, and mail directly to People First or fax 1-800-422-3128

You will need the user ID and password provided by People First to access your enrollment. If you don’t have a user ID or password, contact the People First Service Center (PFSC) for assistance. Please review the People First password guidelines for more information about an expired or forgotten password. Need help enrolling on the People First web site?

Refer to the http://www.hr.ucf.edu/web/benefits/People_First.pdf on how to enroll via People First for help. If you need additional instructions on how to enroll, or how to use the People First web site, training videos are available to help you. View the "How to Navigate the Health and Insurance Section" video now.

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RETIREMENT

Retirement Options include FICA Alternative Plan and Pre-tax Investments.

FICA Alternative Plan

The Omnibus Reconciliation Act of 1990 (OBRA 90) introduced into the law IRS Section 3121(b) (7) (f). As a result, temporary employees of a government entity may deposit money into a private retirement plan instead of Social Security. Under the UCF 401(a) FICA Alternative Plan participants contribute 7.5% of their compensation to an account in their name. Enrollment in the plan is mandatory and automatic for all Post Doctoral Associates, OPS non-students, and adjunct faculty. Full-time student employees, Graduate Assistants, Graduate Teaching Assistants, Graduate Research Assistants, and employees holding dual comp positions do not currently pay Social Security taxes and will not be enrolled in the plan.

Benefits of the Plan

Contributions to the plan are made with before-tax money. This is the least expensive way to save for retirement, and allows participants to accumulate a higher retirement benefit. Participants pay no taxes on their earning or contributions in their accounts until retirement. Both UCF and participating employees permanently save the 6.2% Social Security tax. Any benefits which the participant has earned under Social Security or any other retirement plan will not be reduced by participating in this plan.


Withdrawal Periods

Withdrawals from the plan may be made at the following times:

• Termination of employment
• Retirement
• After age 70 ½ or retirement, if later, when the IRS requires minimum distributions be made to the participant each year.
• Participant’s total disability
• Participant’s death

Distributions can be made to the participant after the date of termination from UCF.


Who is the Plan Administrator?

TIAA CREF is the plan administrator of the FICA Alternative Plan. Participants can contact TIAA CREF at 1-800-842-2776 or by accessing their website at http://www.tiaa-cref.org.

Bencor was the recordkeeping and administrative firm prior to April 13, 2007. These duties have been transferred to AIG Retirement. For account information and distribution requests prior to this date, please contact AIG Retirement at 1-800-448-2542 or visit their website at www.valic.com

Pre-Tax Investments

One way to meet long-term financial goals is to participate in tax-deferred programs—403(b) and 457 plans—which serve to supplement employer-sponsored pension plans. Because 403(b) and 457 plans are designed for long-term planning, employees should use another method to save for immediate needs. Contributions to 403(b) and 457 plans are taken via payroll deduction.

In addition to the deferrals discussed below, employees with 15 or more years of service at the university may be eligible to defer up to $3,000 more annually to their 403(b) plan for a maximum of $15,000 total lifetime. For a list of companies providing 403(b) tax-sheltered annuities please see the chart below.

Participating 403 (b) and 403(b)(7) Companies

457 Deferred Compensation

The 457 plan is administered by the State Office of Deferred Compensation; employees interested in more information may call 1-877-299-8002 or visit their web site at www.myfloridadeferredcomp.com.

Click here to compare plans.

Employees may defer up to the maximum limits to both a 403(b) and 457 plan.

Employees enrolled in tax-deferred plans should review deductions each calendar year or when changes in salary occur to ensure they do not exceed the maximum limits allowed by the IRS. Employees should contact their provider company for assistance.

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OTHER BENEFITS

Other benefits include:
Annual & Sick Leave
Holidays
Florida Pre-Paid Tuition
Employee Discount Program

Annual & Sick Leave

Post Doctoral Associates are eligible for 5 days of Sick Leave and 10 days of Annual Leave per Academic Year. Leave balances are tracked internally by the department in which they work. It is the responsibility of the department to explain the terms of the leave allocation and track usage and renewal. Post Doctoral Associates are not eligible for leave payouts, any unused balances at the end of the academic year will be forfeited.

Holidays

Post Doctoral Associates are eligible for paid Holidays when the university is officially closed. UCF regulations require employees to be in pay status (working or using leave with pay) their last scheduled workday prior to a holiday in order to be paid for that holiday. Eligible full-time employees will receive a maximum of 8 hours for each holiday, regardless of the days or hours which constitute the workday or workweek.

If a holiday falls on a Saturday, it will be observed on the preceding Friday. If a holiday falls on a Sunday, it will be observed on the following Monday.

• New Year’s Day, January 1st
• Martin Luther King’s Birthday, Observed the third Monday in January
• Memorial Day, Observed the last Monday in May
• Independence Day, July 4
• Labor Day, the first Monday in September
• Veteran’s Day, November 11
• Thanksgiving Day, fourth Thursday in November
• Day after Thanksgiving
• Christmas, December 25

Click here for a list of the holiday dates for the current year.

Florida Pre-Paid Tuition:

The University of Central Florida supports employee participation in the Florida Pre-Paid College Plan by offering payroll deductions to cover premiums each month.

Setting up your deductions is a simple process: Contact the Florida Pre-Paid College Plan and enroll your child in the appropriate plan. If your children are already enrolled in the program, take the following steps.

• Once you have set up an account for your child, fill out the Florida Pre-Paid College Plan Payroll Deduction Authorization form. It is your responsibility to fill in the account numbers and deduction amounts for each child.
• Sign and date the form and return it to the Payroll Services section of Human Resources. You may drop off the form, mail it, or fax it to 407-384-2864. Please allow at least two weeks or your new deduction to be processed.

We are happy to assist you in paying for your child’s education in any way we can. Please understand that we do not administer the program itself, and cannot answer specific questions about plans. Please contact the Florida Pre-Paid College Plan office for more information.

Wellness Research Center
The Wellness Research Center (WRC) is a work-site wellness program for faculty and staff. Housed in the Education Building, this fitness center offers strength, flexibility and aerobic conditioning equipment as well as fitness services. The WRC provides individualized fitness instruction, fitness assessments, and special programs that focus on various health-related issues. Post-Doctoral Associates are eligible for this benefit. Please contact the Wellness Research Center for more information.

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