blog posts New Tax Status Review Process for Foreign National Employees and Fellows May 1, 2024 4:00 pm377 views Coming May 2024! University Payroll & Benefits will have a new and improved process for foreign national employees and fellows to request a Tax Status Review. Vacation and Sick Leave Payouts May 1, 2024 2:00 pm266 views Are You Retiring or Separating from the University? Nov 2, 2023 11:15 pm123 views Read on to learn if you are eligible to defer a portion of your vacation and/or compensable sick leave payout. University Payroll & Benefits Important Year-End Deadlines Nov 2, 2023 10:00 pm84 views With the end of the year quickly approaching, University Payroll & Benefits would like to highlight important information, including year-end deadlines for all units and employees to take note of. Welcome to the New University & Payroll Benefits Newsletter! Nov 3, 2023 11:45 pm82 views In response to your valuable feedback, we have revamped our UPB Newsletter to make it more user-friendly, accessible, and tailored to your specific needs. Click here to learn more about the University Payroll & Benefits Newsletter. Payroll Calculation Deadlines May 1, 2024 10:00 am72 views 403(b) & 457 Deferred Compensation Plan Limits for 2024 Jan 31, 2024 2:30 pm67 views Read on for more information on the 2024 contribution limits for supplemental retirement plans. Web Time Entry Upgrade to Version 9 - Coming Soon! Jan 31, 2024 4:00 pm63 views On February 11, 2024, Web Time Entry will be upgraded to version 9. Read on for information on how this may affect you and links to training resources. UPB Foreign National Tax Status Reviews Nov 2, 2023 4:30 pm49 views Learn about the updates or changes to the Foreign National Tax Status Review Appointments. Payroll Calculation Deadlines Jan 31, 2024 12:30 pm47 views When do I get paid? Click here to learn about the payroll calculation schedule. A Friendly Reminder from CMS for Benefit Eligible Employees Nov 2, 2023 11:45 pm44 views New employees and employees who have a change in tax residency status from Nonresident Alien (NR) to Resident Alien (RA), effective January 1, 2024, must have a job that meets the criteria to be eligible for insurance through the Department of Central Management Services (CMS). Out of State Salary/Wage Payments May 1, 2024 3:00 pm42 views Calendar Year 2024 Taxable Benefits May 1, 2024 3:30 pm36 views University Supplemental Long-Term Disability Plans Nov 2, 2023 11:00 pm33 views Premiums are based on age and/or salary. A premium change due to age and/or salary will occur annually in December. 457 Special Catch-up Jan 31, 2024 2:00 pm31 views Read on for more information on the 457 Special Catch-up limits for 2024. Calendar Year 2023 Taxable Benefits Nov 2, 2023 10:30 pm31 views Please make certain all taxable benefits are reported to University Payroll & Benefits at the time the benefits are received by an employee. Insurance Coverage for any 9 or 10-Month Employee During the Summer May 1, 2024 2:15 pm30 views Foreign National Tax Status Reviews Jan 31, 2024 12:00 pm28 views Learn about the updates or changes to the Foreign National Tax Status Review Appointments. Calendar Year 2023 Overpayment Processing Nov 2, 2023 9:15 pm27 views Learn about deadlines that must be met to facilitate the timely correction of payroll records and avoid significant tax consequences for employees who received overpayments in 2023. Calendar Year 2024 Taxable Benefits Jan 31, 2024 3:30 pm26 views Please make certain all taxable benefits are reported to University Payroll & Benefits at the time the benefits are received by an employee. Out-of-State Salary/Wage Payments Nov 2, 2023 10:15 pm25 views If a university employee receives compensation paid in another state, and the university is registered as doing business in that state, the compensation is considered paid outside of Illinois. UPB Payroll Calculation Deadlines Nov 2, 2023 9:00 pm25 views When do I get paid? Click here to learn about the payroll calculation schedule. Customer Service and Payroll Operations Metrics Jan 31, 2024 1:30 pm24 views Read on for last quarter's customer service and payroll operations metrics. Customer Service and Payroll Operations Metrics May 1, 2024 1:30 pm24 views How Tax Residency Status Affects Benefits Eligibility for F, J, M, or Q Visas Nov 2, 2023 11:30 pm23 views During the year-end processing, employees on F, J, M, and Q visas who have a change in tax residency status from Nonresident Alien (NR) to Resident Alien (RA) effective January 1, 2024, are required to participate in the State Universities Retirement System (SURS) as long as requirements are met. Out of State Salary/Wage Payments Jan 31, 2024 3:00 pm20 views If a university employee receives compensation paid in another state, and the university is registered as doing business in that state, the compensation is considered paid outside of Illinois.
