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University Hospital
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 Benefits

Announcements

Get quick answers to your Benefits questions at benefits@uhnj.org.

 

Public Employees’ Retirement System (PERS) Contribution Rate Increase

As established under Chapter 78, P.L. 2011, Pension and Health Benefits Reform, the PERS contribution will increase by 0.14 percent until the 7.5 percentage contribution rate is reached in July of 2018. The July 2018 increase will be 0.16 percent.

The PERS contribution rate will increase from 7.20% to 7.34% in the paycheck of July 14, 2017. The next contribution rate increase to 7.50% will be effective July 2018.

The change in the contribution rate will also increase the minimum repayment amount for new pension loans as well as the cost for a purchase of service credit if certified after the increase contribution becomes effective.

For additional information, please call the Benefits Services Office:

Robin Hynes (973) 972-4743

Diane Wieckowski (973) 972-3925

Karina Hon (973) 942-0885

UH HR Benefits Services Office


 

New Jersey State Employee Deferred Compensation Program (NJSEDCP)

New Jersey State Employee Deferred Compensation Program (NJSEDCP)

NJSEDCP is administered by Prudential Financial.

Every Friday from 9am until 3:30pm there are Prudential Representatives in the hospital’s cafeteria.

Starting in June and every first Friday of the month through the summer, a Prudential Representative will be in the cafeteria from 6am to 2pm, to better assist our overnight employees.

Prudential has also added another day of coverage. From now until August 29th a representative will be in the hospital cafeteria every Tuesday from 8:30am to 2:30pm.

Please see the schedule below:

Tuesday Rotation Coverage from 8:30 am-2:30pm until August 29th

Bob Rooyakkers, CFA, CRC (732) 587-8331 robert.rooyakkers@prudential.com

Cornell Fields, CRPC (908) 461-9148 cornell.fields@prudential.com

Joe Dancho, CRC (609) 480-6105 joseph.dancho@prudential.com

Friday Coverage: first Friday of every month 6am – 2pm, second, third and fourth Friday from 9am – 3:30pm

Lily Lau, CRC (732) 236-6782 lily.lau@prudential.com

 

UH HR Benefits Office


 

Public Employees’ Retirement System (PERS) Contribution Rate Increase

As established under Chapter 78, P.L. 2011, Pension and Health Benefits Reform, the PERS contribution will increase over a seven year period by 0.14 percent until the 7.5 percentage contribution rate is reached in July of 2018. The July 2018 increase will be 0.16 percent.

This July marks the sixth rate increase under the provisions of the law. The PERS contribution rate will increase from 7.06% to 7.20% in the paycheck of
July 1, 2016. The seventh contribution rate increase to 7.34% will be effective July 2017.

The change in the contribution rate will also increase the minimum repayment amount for new pension loans as well as the cost for a purchase of service credit
if certified after the increase contribution becomes effective.

For additional information, please call the Benefits Services Office:

Robin Hynes (973) 972-4743

Diane Wieckowski (973) 972-3925


UH HR Benefits Services Office




 
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Get quick answers
to your Benefits
questions at benefits@uhnj.org
 
NJ DIRECT Monthly Wellness Message
For older posts of Wellnes messages click here.
 

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University Hospital 150 Bergen St, Newark, NJ 07103 • (973) 972-4300
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