The UT System is constantly working to further improve the security of direct deposit and combat the ever-increasing number of fraudulent attempts to bank accounts.
The state budget office has provided the figures for the FY21 portion of the salary pools. These are non-recurring appropriations to fund a 2% salary pool for the period of Jan. 1 to June 30, 2021 (the equivalent of a 1% pool). These funds will be added to our FY21 appropriations and included in our … Continued
The enrollment period for the University of Tennessee’s Flexible Benefits program is from Oct. 1 to Oct. 31. For calendar year 2021, Optum Bank will manage the medical, limited purpose and dependent care programs.
From March 17 – May 31, 2020, Tennessee state and higher education health plan members won’t pay for Telehealth visits when they use carrier-sponsored Telehealth programs, even if the visit if for something other than COVID-19.
On March 17, The State Group Insurance Program received approval from the State, Local Education and Local Government Insurance Committees to waive member cost-sharing for in-network COVID-19 testing and in-network outpatient visits associated with this test.
Following passage of federal tax reform legislation in December 2017, all employees are encouraged to review their tax withholding amounts to avoid having too much or too little taken from their paychecks based on the new rates and tax brackets.
As a result of the Supreme Court decision and associated change in the State of Tennessee insurance eligibility rules, the University of Tennessee can now accept and process insurance applications from same-sex married couples. This change applies to all eligible UT faculty and staff.
University of Tennessee employees are required to participate in Direct Deposit. A new option for employees is the First Tennessee PayCard.
Even with the American Taxpayer Relief Act, you will see more taxes deducted from your paycheck starting in January 2013.
In October of 2010, the Internal Revenue Service issued guidance clarifying the federal income tax treatment of graduate tuition waivers provided by educational institutions.