Thank you for following the Missourian’s live coverage of the UM System Board of Curators special benefits meeting. Although the curators didn’t vote on any particular action, they expect to hear a recommendation in December. UM President Gary Forsee’s town-hall tour will stop at the MU campus at 10 a.m. Wednesday. Stay with ColumbiaMissourian.com for [...]
Archive for November, 2010
More to come …
Posted in Uncategorized on November 1, 2010 | Leave a Comment »
An example of a matching design
Posted in Uncategorized on November 1, 2010 | Leave a Comment »
One of the benefits plans on the table for discussion would have the university match employee contributions in a defined contribution plan. Mary Ann Dutemple, a senior consultant with Towers Watson, presented a sample plan to the UM System Board of Curators on Monday: The university contributes 5 percent of pay, with a 200-percent match [...]
Human resources exec compares UM benefits to other Big 12 institutions
Posted in Uncategorized on November 1, 2010 | Leave a Comment »
Betsy Rodriguez, UM System vice president of human resources, opened the second half of today’s Board of Curators meeting by presenting benefits packages from some Big 12 and Big 10 universities. The UM System is the only institution in the Big 12 to offer only a direct benefits plan. Seven out 15 schools Rodriguez studied [...]
MOSERS not on the table for discussion, Forsee says
Posted in Uncategorized on November 1, 2010 | 4 Comments »
UM Curator David Wasinger on Monday returned to his previous suggestion that the Board of Curators should not be responsible for crafting a new retirement plan for the university. When the board met in September, Wasinger surprised his colleagues by saying the system’s benefits plan should be rolled into the Missouri State Employees’ Retirement System, [...]
UM president opens curators meeting
Posted in Uncategorized on November 1, 2010 | 1 Comment »
As UM System President Gary Forsee addressed the school’s governing board, he stressed that a new retirement plan for the university should focus on the needs of employees, not budget or cost. “It is about the employees,” Forsee said. “This is about making sure we have the correct framework for the future.” Additionally, Forsee announced [...]
Welcome to the UM System Board of Curators meeting
Posted in Uncategorized on November 1, 2010 | Leave a Comment »
The UM System Board of Curators is meeting today to address possible options to revamp its retirement-benefits plan. Stay with U.Town for live coverage of the discussion, which will weigh the benefits of a defined benefit versus defined contribution plan. For more information, please read previous Missourian coverage on this topic: UM crafts retirement-plan objectives [...]
