Welcome!
ISU is introducing the Roth option
Idaho State University is introducing the Roth option as another way to contribute to your 403(b) plan. With this option, you may:
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Contribute after-tax dollars.
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Enjoy tax-free distributions, without penalty, when you are age 59½ or older and a distribution is taken five years after the first Roth contribution was made to the contract. Withdrawals of earnings are subject to ordinary income tax and a 10% early withdrawal penalty may apply prior to age 59½. (Withdrawals may also be subject to the provisions of your employer’s plan.)
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Roll over assets into a Roth IRA, or into/from another Roth 403(b) plan that accepts such assets.
To get more information click here
ISU Cares "Spot" Award Winners for October!
Congratulations to our newest ISU Cares "Spot Award" winners for the month of October! They were nominated through the ISU Cares surveys either online or through a survey box located around campus.
Ken Cramer, IT Support Tech, ITS
Bethany Shultz, Instructor, English Department
Diane MacLerran, Sr. Accountant, Grants and Contracts
Jody Finnegan, Assoc. Director, Financial Aid
Sherry Dienstfrey, Director, General Studies
Sara O'Conner, Admin Assistant I, President's Office
If you receive great service from faculty/staff here at ISU, please let us know so we can reward and recognize them for their efforts. For a list of places where you can access this survey, click here.
Increased Personnel Action Scrutiny (Revised for FY2010)
The Increased Personnel Action Form is required for all personnel actions such as, but not limited to, creating new positions, reassignment of responsibilities that result in salary increase(s), filling new or vacant positions, position reclassifications and promotions, and non-routine salary increases. This applies to all benefited faculty and staff positions, including emergency hires. This form must be submitted for consideration prior to any personnel action being initiated. This form must be completed for all actions, regardless of funding source, and includes grant funds, local funds and state funds. If the position is 100% grant and/or local funds, the respective Vice President has the final approval. If it has any state funding, in whole or in part, the President has final approval, via the Vice President of Finance and Administration.
It is intended that monthly meetings will be held for IPAS approvals, so careful planning is essential to ensure your submissions are properly organized to be consistent with this monthly review and approval cycle. No reviews will be held prior to a next monthly meeting unless authorized by the President due to significant emergency/critical need. Any complete form received on the Friday prior to the IPAS meeting will be included for consideration. If a form is received after the Friday deadline, it will be held until the next scheduled monthly meeting.
If this form is approved, Human Resources will send notification of action. Upon approval please submit normal Human Resources, Academic Affairs, and/or Affirmative Action forms to initiate the appropriate process related to the recommended personnel action (i.e. emergency hire requres, new position request to SBOE, PDQ for position audit, AA 1-75 search process form, etc.). This recommended personnel action may be amended as part of ISU normal process and review procedures.
The Office of Human Resources is available to answer questions about this process.
Immigration: H-1B New Hire Restrictions for Certain Employers
The stimulus bill includes language that places additional obligations on H-1B employers receiving funding under the Troubled Asset Relief Program (TARP) or under Section 13 of the Federal Reserve Act (authorizing the Federal Reserve's "Discount Window" for short-term, secured loans to financial institutions and other companies).
Effective immediately, the stimulus bill makes it unlawful for recipients of such funding to hire a new H-1B worker unless the company complies with certain conditions previously imposed exclusively on "H-1B dependent employers." By making such employers subject to the "H-1B dependent" requirements, the stimulus bill requires employers who sponsor a new H-1B visa to demonstrate that, among other things, the employer will not displace any similarly employed U.S. worker in the 90 days prior or 90 days after the filing of an H-1B petition; the employer will not place the H-1B worker with another employer to fill the position of a displaced U.S. worker (i.e. on contract); and the employer has taken good-faith steps to actively recruit U.S. workers, including offering the job to any U.S. worker who applies and is equally or better qualified for the position.
In addition, the term "hire" is defined in the stimulus bill as permitting "a new employee to commence a period of employment." Therefore, these conditions do not appear to apply to H-1B extension petitions filed on behalf of current H-1B employees or may not apply to H-1B change of status petitions filed on behalf of employees currently working for the employer pursuant to another nonimmigrant status (i.e. F-1 [OPT], J-1, TN, etc.). CIS has indicated additional guidance on these types of filings will be forthcoming. The stimulus bill includes a two-year sunset provision, with termination on February 16, 2011, unless further legislative action is taken.
For any additional questions please contact Maria Fletcher at 208-282-5304, or email fletmari@isu.edu